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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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October 6th, 2014 by financetwitter
The next time you plan to fly in or out of Australia, it's advisable to arrive at the country's airports earlier than you usually would. This is especially true at Melbourne and Sydney airports. Reason - Tony Abbott administration has agreed on Friday in joining US-led military coalition bombing mis [...]
October 5th, 2014 by financetwitter
In what appears to be another copycat stunt, Hong Kong government under chief minister CY Leung has shown what he was capable of, when his power and wealth are threaten. Just like Malaysian government's SOP, as can be seen in the past rallies where UMNO provocateurs were unleashed to instigate fight [...]
October 3rd, 2014 by financetwitter
She is perhaps the bravest traffic offender on planet Earth. Between July 2009 and December 2013, she had been travelling on EastLink and CityLink without paying a penny. Meet 27-year-old Isabelle Mares Weir, an Australian driver who had accumulated a jaw dropping 1,196 infringement warrants for tot [...]
October 2nd, 2014 by financetwitter
United States Secret Service Director, Julia Pierson, was grilled during a hearing by the House Oversight Committee on Wednesday. Next, she was shown the door. Interestingly, Obama administration told the world they had full confidence in her less than one and a half year ago, when Barack Obama appo [...]
October 1st, 2014 by financetwitter
Ahead of Hong Kong's national holiday tomorrow, Wednesday, there're still thousands of Hong Kongers on the street; camping and sleeping in the middle of the road. Here's the problem - Hong Kong is ready for democracy but China isn't. And Beijing's stone age mentality is such that Hong Kong is anothe [...]
September 30th, 2014 by financetwitter
ATM thefts have gone high-tech, and judging by how the police and banks are running around like a headless chicken trying to piece together the puzzle, the local authorities and financial institutions were obviously not ready for such an attack. And it's not hard to understand why - the police and b [...]
September 29th, 2014 by financetwitter
Hong Kong, Asia's top financial centre was paralysed after what appears to be the most violent political protests since the 1997 handover exploded. The third largest financial centre in the world as of 2014, behind only to New York and London as measured by Global Financial Centres Index, was in tot [...]
September 28th, 2014 by financetwitter
By now, the craze of loom bands or rainbow loom has reached Malaysia,. although it had already reached its craziness in the west since early of the year. Originally targeted at kids from eight to fourteen-year-old, somehow the loom bands disease has spread its tentacles to adults all around the worl [...]
September 27th, 2014 by financetwitter
She should have become Emirati's female pilot much earlier, but due to the fact that women were not allowed to join the country's Armed Forces, she had to wait several years. Although she could have kicked some baddies' butt earlier, 35-year-old Major Mariam Al Mansouri became UAE's first female Emi [...]
September 26th, 2014 by financetwitter
Barisan Nasional (BN) candidate Mat Razi Mat Ail has won the Pengkalan Kubor by-election with a bigger majority, defeating PAS' Wan Rosdi. Mat Razi secured 9,961 votes while Wan Rosdi managed 7,326 votes. The majority of 2,635 is higher than last year's 13th general election where BN candidate won w [...]
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