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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 9th, 2014 by financetwitter
Facebook shares jumped 0.82%, or 63 cents, to $77.89 after yesterday's closing bell. The stock actually breached the $78 a share during morning session. Nevertheless, a significant milestone has been achieved. Facebook's market value now has exceeded $200 billion (£124 billion, RM638 billion). At y [...]
September 9th, 2014 by financetwitter
Forget about China's housing bubble for the time being. Yeah, we know, we've written an article about how George Soros bet his US$2.2 billion on SPY Puts Option, all because he was so worry about China's housing bubble. But before China's bubble could burst, and it will for sure, another housing bub [...]
September 8th, 2014 by financetwitter
After more than 300-year the Kingdom of Scotland could emerge as an independent sovereign state again. Scotland which shares a border with England to the south, joined the Kingdom of England on May 1, 1707. Together with Ireland they created the mighty United Kingdom. But unlike England, Wales and N [...]
September 7th, 2014 by financetwitter
By now it's crystal clear that Pakatan Rakyat's buddy PAS is openly challenging the coalition to sack the Islamic party. PAS doesn't want to leave but wants to be sacked so that it can cry, whine and bitch until Shahrizat's cows come home about PKR and DAP's cruelty. This time, PAS does not need to [...]
September 6th, 2014 by financetwitter
British architect Lord Norman Foster is the United Kingdom's biggest builder of landmark office buildings. He designed the Beijing Terminal 3 Airport, Hong Kong International Airport and tons other infamous architectures. Together with Mexico's Fernando Romero, son-in-law of Mexican telecom magnate [...]
September 5th, 2014 by financetwitter
President Obama's approval rating has dropped to the lowest - again. At 38% as measured by Gallup polling, the President of the United States who looks more like a golfer than a leader has now hits the all-time low. But here's the good news, this is not the first time he scores the goal. In fact, Ob [...]
September 4th, 2014 by financetwitter
Thousands of fast food workers have started their protests Thursday outside of restaurants such as McDonald's, Domino, Taco Bell, Wendy's and Burger King. The protest campaign, known as "Fight for $15", began on November 2012 and this will be the seventh strike ever since. Fast food workers, who are [...]
September 4th, 2014 by financetwitter
Apple stock saw its worst day in 7-months - tumbled US$4.36 (or 4.2%) to US$98.94 a share after Wednesday closing bell. In case this does not raise your eyebrow, that's the biggest dollar decline by Apple since it lost $6.19 (or 8%) to $71.17 on a split-adjusted basis on 28 January, 2014. This late [...]
September 3rd, 2014 by financetwitter
If you suffer from a fear of flying, you probably shouldn't read this article. And if you're about to enroll in a course which will end up in the aviation industry, you probably should read this to correct the perception that a career as flight attendant or pilot is the gloriest job on planet Earth. [...]
September 2nd, 2014 by financetwitter
Did you notice how drivers nowadays dangerously looking at their smartphone while driving on the road? And when you stop at traffic lights, you can bet your last penny that the driver next to you are checking their email or facebook - guaranteed. Well, that's about to change - General Motors, the la [...]
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