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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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September 25th, 2014 by financetwitter
At least 120 militants were killed after the United States and its Arab allies - Bahrain, Jordan, Qatar, Saudi Arabia, United Arab Emirates - unleashed air strikes in Syria on Tuesday, Sept 23. Finally, lame duck Obama found his spine to do what he should have done ages ago. And it appears Britain M [...]
September 24th, 2014 by financetwitter
Are you looking for a job that you could finally call it a "career", so much so that you plan to retire without jumping to another ship? If the answer is "yes", then start writting in to Virgin Airways because this is the best company on planet Earth. Employees of Malaysia Airlines who have a 30% ch [...]
September 24th, 2014 by financetwitter
What will you do as a restaurant owner in order to boost your business? Well, to attract more customers, of course. And how do you plan to do that? Simple way will be "repeat sales", meaning to ensure customers will return for your delicate food and beverages. In the old days, the magic potion would [...]
September 24th, 2014 by financetwitter
Japan is a place where you go for sushi. Besides food, Japan is also the place you go shopping for its unlimited beautiful and cute souvenirs. Their extraordinary packaging creativity and technology are simply mind-boggling. There're so many brands that you can associate with Japan - Sony, Hello Kit [...]
September 23rd, 2014 by financetwitter
Selangor, the richest and most developed state in Malaysia is getting a new Menteri Besar (chief minister) - Azmin Ali. The "Operation Kajang" is coming to its end. We were hoping for the drama to enter its second episode with traitor Hadi Awang's chosen PAS candidate - Iskandar Samad - selected and [...]
September 22nd, 2014 by financetwitter
In case you're still wondering whether you should upgrade to iOS 8 or remain with your existing iOS 7, here's something to help you make up your mind. There's a hidden capability just discovered - you can actually supercharge your iPhone running iOS 8 to full bar within minutes. The secret - Apple p [...]
September 21st, 2014 by financetwitter
For a moment, we thought Alibaba could breached the US$100 a share and sent everyone on the trading floor jaw-dropping. But the stock hit its highest at US$99.70, just 30 cents of reaching the 100 bucks mark. On the first day of its listing on NYSE, Jack Ma's baby was trading between the range of US [...]
September 20th, 2014 by financetwitter
There're basically three important things that happen on Friday, September 19, 2014. First, the Scottish decision whether they would get their independence after 300-years with England and other cousins making up the United Kingdom. And the results after the voting - 55% Nay and 45% Aye for an indep [...]
September 19th, 2014 by financetwitter
As usual, the craze to be the first batch to own the newly released bigger iPhone 6 has started. Die-hard Apple fans queued for days ahead of the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus release. Unlike previous iPhone 4S, 5, 5S which wasn't really revolutionary as far as the screen size is conc [...]
September 18th, 2014 by financetwitter
Housing prices continue to skyrocket and depending on where you invest your real-estate, you could be making crazy money - or losing money. In general housing markets boom in Dubai, part of Europe and the Pacific. Needless to say, Asian property markets which saw crazy increase in prices over the la [...]
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