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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 5th, 2014 by financetwitter
Yesterday, we wrote about the happy and sad consequences as a result of US dollar bull run. Americans are cheering a stronger dollar for a simple reason that their purchasing power will be higher. It will cost them lesser for a vacation in Paris or Bangkok, for example. Since Americans don't believe [...]
November 4th, 2014 by financetwitter
Forget about Islamic State militants, tumbling oil prices, China's weakening economy, Japan's recession, Germany's slowing economic data and whatnot. There's a new problem which will affect every single country on planet Earth. The US dollar has surged to a four-year high against a basket of currenc [...]
November 3rd, 2014 by financetwitter
After Scotland failed to get its independence, Britain prime minister David Cameron was relieved that his job is secured, at least for now. But his real problem is UKIP - UK Independence Party - the rising star that almost every Briton calls the real patriotic party worth voting for. Basically, the [...]
November 3rd, 2014 by financetwitter
Sometimes lengthy articles are not the most efficient way to convey a message. It's especially true during the current age, or to be precise, the social media age. Smartphone, Facebook, Twitter and whatnot make people want more with less - read more and more junks with less and less time available. [...]
October 31st, 2014 by financetwitter
Politics is a bitch and it doesn't discriminate democracy or communism. And if politics can happens in office or among siblings, its tentacles can spread as far as you can imagine. In politics, nothing happens by accident thus as expected, the recent Hong Kong pro-democracy fiasco has invited quite [...]
October 30th, 2014 by financetwitter
Finally, for the very first time, Apple CEO Tim Cook reveals publicly that he's gay, and he's proud of it. “While I have never denied my sexuality, I haven’t publicly acknowledged it either, until now,” Tim Cook writes. “So let me be clear: I’m proud to be gay, and I consider being gay amo [...]
October 30th, 2014 by financetwitter
Opposition leader Anwar Ibrahim’s sodomy Part-2 appeal at the Federal Court which began Tuesday enters its third day today. Anwar's battalion of 14-lawyers saw a surprising appearance of Datuk Seri Gopal Sri Ram - a prominent retired federal court judge - as the lead counsel. Anwar claimed it was [...]
October 29th, 2014 by financetwitter
The Government of Hungary was trying to do something unthinkable to its netizens. And it could be the first implementation in the world and the World Wide Web. But it was so outrages that almost every government doesn't agree with it. As a result, tens of thousands of Hungarians (Reuters put the fig [...]
October 29th, 2014 by financetwitter
It seems UMNO Youth chief Khairy Jamaluddin is alone for insisting racist and extremist Ibrahim Ali's call over bible-burning threat is seditious. Khairy is the "Lone Ranger" from Najib administration who believes Ibrahim Ali should be punished for his threat. Ibrahim Ali, who is also Perkasa presid [...]
October 29th, 2014 by financetwitter
When China started its crackdown on Hong Kong pro-democracy protesters, it did not only challenge the "One Country Two Systems" promised in 1997, but also the stands of hundreds of celebrities on the island. Unlike decades ago where movie stars and celebrities relied solely on the island's 7 million [...]
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