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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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August 23rd, 2014 by financetwitter
A man who was filming a police officer in Ferguson, Missouri, tried to ask his name, only to be told to "go fuck yourself". That was before the officer trying to disperse a crowd by pointing his gun at civilians and threatened "I will fucking kill you. Get back". However, the American Civil Libertie [...]
August 22nd, 2014 by financetwitter
After more than a month Malaysia Airlines lost its second aircraft within this year - shotdown on July 17 - the remains of flight MH17's 30 Malaysian victims have been identified. There were 44 Malaysians onboard the Boeing 777-200ER, including 15 crew and 2 infants, when it was shot down by Russian [...]
August 21st, 2014 by financetwitter
Have you ever flown business or first class? If you're a frequent traveller but have never receive VIP treatment as those in the business or first class, you must be wondering what's behind the curtain. The thought of free-flowing drinks, fine dining, comfy seats or luxury beds were simply mouth-wat [...]
August 20th, 2014 by financetwitter
Just when you thought the latest ceasefire between Hamas and Israel would last and thereafter bring peace to the conflict zone, it was breached, again. About 8-hours before the expiration of ceasefire, three Grad rockets were fired from the Gaza Strip and fell near Be'er Sheva and Netivot. Loud expl [...]
August 20th, 2014 by financetwitter
The cost of living is a complicated subject. Unless you're in a country such as UK where you can basically have free house, food, education and even luxury holidays under "benefits" without working for a day, you need to worry about the cost of living from the moment you leave school. You may not r [...]
August 19th, 2014 by financetwitter
Have you started working in 1994? That was a mere 20-years ago but it was like a gazillion years ago, if you put technology into perspective. It's always nice to take a look back at how we did things the hard way in order for us to appreciate what we have today. In case you didn't realize it, World [...]
August 17th, 2014 by financetwitter
Legendary hedge fund manager George Soros has been buying and selling like crazy as of July 2014. George Soros, through his privately held investment management firm - Soros Fund Management - was buying TEVA, EQT, YPF, EGN, CZR while at the same time selling Google, Boeing, Microsoft and Harman Inte [...]
August 16th, 2014 by financetwitter
President Obama has been using "harsh" words against Israel over the Gaza Strip crisis. Still, that doesn't stop Israel from tapping into American's mmunitions stockpile to resupply the Israel military with weapons. If you didn't know, it was part of a program called War Reserves Stock Allies-Israel [...]
August 15th, 2014 by financetwitter
Remember the Grand Saga-Bandar Mahkota Cheras fiasco more than 6-years ago? It was a classic example of gangster concessionaires working together with thuggish policemen in beating up average Joes and Janes, ala Bollywood style. That was also the turning point which showed what type of Menteri Besar [...]
August 14th, 2014 by financetwitter
Microsoft is rolling out its super cheap phone for consumers in Asia and Africa in its bid to conquer a different market from Apple and Samsung. Try they have but Microsoft's acquired Nokia simply couldn't fight in the premium smartphone segment dominated by Apple and Samsung. Enter Nokia 130, a US$ [...]
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