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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 14th, 2014 by financetwitter
Mention "Raleigh" to youngsters and most probably the first thing that pop-up is bicycle to them. Try again but this time mention "Chopper" and chances are high they would be scratching their head, thinking hard if it could be related to U.S. military Apache helicopter. However, try this on some mid [...]
August 13th, 2014 by financetwitter
Planning to migrate to Canada? Cool, but before you jump into the next available flight or ship, there're tons of factors to consider. Besides the weather, accommodation, kids' education, employment and what not, it pays to give the taxes a little thought. Besides, didn't Benjamin Franklin said ther [...]
August 12th, 2014 by financetwitter
Finally, Malaysia's national carrier which was founded in 1946 (then known as Malayan Airways) and later commenced operation as Malaysia Airlines System in 1972, dies a natural death. Well, that's a polite way to bid farewell to the 68-year-old airline. In reality, Malaysian Airlines System (KLSE: M [...]
August 11th, 2014 by financetwitter
Beside London, wealthy playboys from Dubai, Kuwait, Qatar and Saudi Arabia had their expensive toys delivered to the glamorous city of Cannes on the south coast of France. As usual, McLaren, Lamborghinis, Ferraris, Rolls-Royces, Porsches, Bentleys were seen jamming France in what appears to be a dis [...]
August 8th, 2014 by financetwitter
Unless you've tons of money to burn like the wealthy Arabs, or belong to one of the 13 million "high net worth individuals" globally, you need to spend wisely especially on your next vacation overseas. Beside flights, the next biggest chunk of money spent on vacation is hotel accommodation. Of cours [...]
August 8th, 2014 by financetwitter
In what appears to be an otherwise "natural and boring" (*yawn*) nude games if performed privately, a group of nudists are now in hot soup after a 5-min-20-sec video clip showing their "extraordinary" activity went viral. The original video was uploaded by Singaporean Albert Yam Kam Hoong to Vimeo w [...]
August 7th, 2014 by financetwitter
We've often hear about multi-billion conglomerates which make billions of dollars in a calendar quarter alone such as Apple Inc., Coca-Cola, McDonald's and so on. But we rarely read stories about SMEs (small and medium enterprise), the engine which boost many developing countries' economic growth. F [...]
August 6th, 2014 by financetwitter
Google is more than just search engine. There're reasons how Google could survives all these years from competitions. The company that receives 100 billion search queries per month has been investing heavily in tons of other projects which may or may not be made public. Some of them are successful w [...]
August 5th, 2014 by financetwitter
Every year during summer season, London would be abuzz with a sudden luxury - Middle-Eastern millionaires and billionaires fly over to escape the desert 130-degree heat. Taking advantage of their holiday to enjoy the cool breezes in UK, these wealthy Arabs would bring alone their toys as part of the [...]
August 4th, 2014 by financetwitter
Not long ago, a gold credit card was the most prestigious. Since then you had platinum taking over gold's place. Now, the top-10 most exclusive credit cards are all mostly "black" or even "diamond". The most prestigious credit card today is the same card which was launched in 1999 - the American Exp [...]
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