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In a move widely anticipated by Wall Street, the Federal Reserve unanimously raised its benchmark interest rate by a quarter percentage point – with a possibility of one more increase in the cards before year-end. Effectively, the rate hike moves the central bank’s target range on the overnight
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For months, many investors had viewed the 4.5% yield on the benchmark 10-year note as an attractive point to step in and buy bonds. But as yields surged through that level, market participants adjusted their view and opinion. Analysts and economists then believed that the 10-year yield was headi
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On the day the United States remembered the terrorist attacks 25 years ago, Malaysia was almost hit by a huge explosion on September 11 – a sudden release of Najib Razak from jail. Currently in Kajang Prison, Najib was scheduled to complete his term only on Aug 23, 2028 after securing a part
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Brent, the international benchmark, jumped above US$99 a barrel on Tuesday (Sept 8) - the highest since July - after Iran-backed Houthi militants in Yemen conducted strikes on energy infrastructure in Saudi Arabia. The oil prices also jumped as a result of retaliation from the U.S. that d
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Don’t criticize UMNO-Malays as we need their votes in the next general election - Anwar Ibrahim told Anthony Loke Siew Fook, the secretary-general of Democratic Action Party (DAP) who gladly obliged after Anwar-led Pakatan Harapan (PH) coalition formed a unity government with UMNO-led Barisan Nas
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Donald Trump hails “historic” deal for the U.S. to control 65 billion barrels of Venezuela's oil, which critics slammed as a deal made at “gunpoint”. Of course, the U.S. has denied that the energy deal, which the U.S. president bragged as “the biggest oil deal in world history”, is an e
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Despite approval rating hitting 32%, Donald Trump’s worry isn’t about re-election or the Iran war. Instead, the U.S. president, whose second-term has seen the Dow Jones, S&P 500 and Nasdaq rallied 57%, 70%, and 142% respectively, is deeply worried about a stock market crash. After all, he h
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A day before former human resources minister M Saravanan was charged on Friday (August 28) with receiving bribes amounting to RM1.097 million to approve foreign worker quotas, he publicly trumpeted how he had written to Prime Minister Anwar Ibrahim on Wednesday about what he called the Malaysian An
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Everybody from teachers to retirees joined South Korea’s stock market frenzy, betting prices would rise forever. Samsung Elecronics share price was up by 320% in June 2026 – a staggering jump from October 2025. In the same period of nine months, SK Hynix jumped by 710%. KOSPI Composite Index sk
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Wall Street's massive data edge is evaporating. The elite technology that once required a multi-million-dollar quantitative setup, dedicated server rooms, and teams of PhD mathematicians is now sitting on consumer laptops. This isn't about magical market forecasting or finding a flawless crystal ba
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January 15th, 2015 by financetwitter
Part of the reasons why Barack Obama got himself the job as the first black President of the United States was because the Americans were sick and tired of Bush's arrogance, incompetency and aggressiveness that got the country into economic turmoil and wars all over the world. Democrats seized the c [...]
January 14th, 2015 by financetwitter
One killer was reportedly shouted "Charlie Hebdo is dead!" following the shocking and dramatic massacre in Paris. But judging by the latest edition of Charlie Hebdo magazine since the brutal attack, the provocative magazine is far from dead. In fact, both pairs of terrorists - Kouachi brothers and c [...]
January 14th, 2015 by financetwitter
About 10-years ago in 2004, United States had 274 billionaires while China only had pathetic 3 billionaires. Fast forward 10-years later in 2014, America was still the champion with 492 billionaires. However, China had improved unbelievably with 354 billionaires - 388 if you care to include billiona [...]
January 13th, 2015 by financetwitter
Yamaguchi-gumi is the largest criminal organizations in the world. According to Japan's National Police Agency, it is Japan's largest yakuza organization, with membership of roughly about 45% of the 86,000 yakuza in the Japanese underworld and over 100,000 internationally. Named after its founder H [...]
January 13th, 2015 by financetwitter
Many Americans have took the trouble on social media assuring the French people that the U.S. fully supports France in the aftermath of the terror attacks, and they were extremely ashamed with their lame duck President Barack Obama for not showing up at Sunday's rally but lazing at home watching a N [...]
January 12th, 2015 by financetwitter
The last time Paris had seen such a crazy huge crowd on its streets was on the night that France won the World Cup in 1998. But on Sunday, millions of people marched across France in a moving tribute to the 17 people killed in terror attacks in Paris. There wasn't any official numbers, so it's unkno [...]
January 11th, 2015 by financetwitter
After loads of explosions and gunfire, French security forces killed the two Kouachi brothers, Cherif and Said, suspected in the Charlie Hebdo massacre while raiding a factory where they had holed up with a hostage. Amazingly, the hostage was freed - Vive la France! - and that my friends, speaks [...]
January 10th, 2015 by financetwitter
To many tycoons, 2015 is just another ordinary new year. But to Li Ka-shing, this year is his 17th consecutive year as the Hong Kong's richest man. He increased his wealth by US$1.5 billion, largely due to hefty dividends. According to Forbes, as of January 2015, Mr Li, also known as Asia's Superman [...]
January 9th, 2015 by financetwitter
Jaycee Chan Jo-ming, the American-born son of kungfu action superstar Jackie Chan, was jailed for six months and fined 2,000 yuan (US$320; £213; HK$2,500; RM1,150) today at Beijing Dongcheng District People’s court. The 32-year-old actor and singer who was formally charged last month with "the c [...]
January 9th, 2015 by financetwitter
If you really want to know the winner in the France's most brutal slaughter in 50-years, it has to be Charlie Hebdo itself. Ask yourself: do you know who is Charlie Hebdo prior to the mass killings? You may try to act smart and answer that Charlie Hebdo could be a comedian or Justin Bieber's stepbro [...]
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