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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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November 28th, 2014 by financetwitter
Mahathir Mohamad told UMNO delegates to be brave and openly criticise PM Najib Razak. But when he was the Malaysian prime minister from 1981 - 2003, anybody who criticised him would be dealt severely. Abdullah Badawi told UMNO delegates to manage the country fairly for the advancement of all races. [...]
November 26th, 2014 by financetwitter
An "internship", or simply a job training, is an opportunity offered by an employer to potential employees, called "interns", to work at a firm for a fixed, limited period of time. Usually catered for undergraduates or students, internships are quite similar to apprenticeships. Typically, it could [...]
November 25th, 2014 by financetwitter
In the land of the blind, the one-eyed man is king. But in the land of the copycats, every iconic brands will be copied. That's China for you. If you think China-designed Xiaomi was bad enough for ripping off America-designed Apple iPhone, you haven't seen anything yet. With the exception of sophist [...]
November 24th, 2014 by financetwitter
Najib administration has done the unthinkable - to scrap the fuel subsidy of RON95 petrol and diesel altogether. Starting next month, December, the prices of RON95 petrol and diesel will be based on a managed float system. Note that this is based on "managed" and not "freely" float system. Thus, unl [...]
November 24th, 2014 by financetwitter
One of President Barack Obama's greatest achievements, or rather screw ups, depending on whom you ask, is his latest "Executive Order" which adds 4 million new eligible immigrants, on top of the 1 million young immigrants who became eligible for deferred deportation under Obama's original 2012 progr [...]
November 21st, 2014 by financetwitter
Despite winning numerous awards earlier, it was the popular "The Hunger Games" film series which catapulted Jennifer Lawrence as the highest-grossing action heroine of all time. The Hunger Games (2012) grossed US$691 million while the second The Hunger Games: Catching Fire (2013) made US$864 million [...]
November 20th, 2014 by financetwitter
Asians are perhaps the most conservative when come to e-commerce or simply online shopping. In the 1990s, before the dot com bubble burst, e-commerce was the buzzword that attracted tons of money, especially those companies listed on the Nasdaq. Today, such buzzword is as obsolete as dinosaurs. The [...]
November 19th, 2014 by financetwitter
After unveiled its new banknote series, easily the best money ever designed, Norway has unveiled yet another stylish design - passports. Much to the envy of non-Norwegian citizens around the globe, Norway's National Police Directorate has announced that it's selected a new "cool and beautiful" des [...]
November 18th, 2014 by financetwitter
A million dollar quiz - which country that allows women to join police force, only if they're virgin? Nope, it's not Malaysia or North Korea. The answer is surprisingly - Indonesia. Just when Indonesian women wanted to serve their country and earn a living, the country's police force raises eyebrows [...]
November 17th, 2014 by financetwitter
Starting today, anybody can buy China stocks at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each others' bourses. Called "Stock Connect", mainland Chinese can now trade shares in Hong Kong for the first time, while foreign investors in Hong Kong are [...]
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