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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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July 22nd, 2014 by financetwitter
Capsule hotels was perhaps the greatest invention since sliced bread, at least to the people on budget. But that doesn't mean millionaires shouldn't try this cool concept - a spaceship escape pod, though some say it looks more like a coffin nevertheless. Tell that to someone who's too tired or intox [...]
July 21st, 2014 by financetwitter
How much would it cost Malaysian Airlines if it had diverted the flight MH17, just like how South Korea's Korean Air and Asiana, as well as Australia's Qantas have been doing since March this year? Apparently, based on a former flight planner's calculation, it would cost additional US$66 (£48.70, R [...]
July 19th, 2014 by financetwitter
There're only two countries who know exactly what happened to Malaysian Flight MH17, which was shot down, killing all 298 people including 3 infants and 15 crew onboard. They're United States and Russia obviously. But whether they want to tell the world the real story or otherwise is another matter. [...]
July 18th, 2014 by financetwitter
Just when everyone thought the missing Malaysian flight MH370 in Mar-2014 was the worst air disaster in the country, little did we expect another bigger and worse disaster was waiting to explode in slightly 4-months away. Today, it is confirmed that Malaysian flight MH17 was shot down which killed a [...]
July 18th, 2014 by financetwitter
Every June or December, you would see tons of job advertisements. If there aren't chances are the economy is not doing well hence the recession is around the corner. Employees would be extra cautious during such challenging time. Companies choose either middle or end of the year as their financial y [...]
July 17th, 2014 by financetwitter
There's only so much you can do in Singapore - shop, eat and gamble. But now there's a new place to venture - Marine Park - claimed to be the first of its kind in the country, set up by the National Parks Board (NParks). And it's not located within the concreate city of Singapore, mind you. The loca [...]
July 16th, 2014 by financetwitter
Malaysian drivers are infamous for being rude on the road. Years ago, news about road bullies were reported almost on daily basis. It was so bad that drivers were (secretly) advised to carry some sort of weapon to defend themselves, just in case those road bullies come charging with Rambo knives or [...]
July 16th, 2014 by financetwitter
Apple has just announced an exclusive partnership with IBM that will see the companies collaborate to bring over 100 enterprise apps and cloud services to the iPhone and iPad - something that Steve Jobs will never do in his life. The Apple products will be branded “IBM MobileFirst for iOS Solu [...]
July 15th, 2014 by financetwitter
Last night, Britain's prime minister David Cameron surprised many by launching a massive brutal reshuffle since becoming Tory leader. More than a dozen old yet experienced ministers, including veteran Kenneth Clarke, Welsh Secretary David Jones , Environment Secretary Owen Paterson, Attorney General [...]
July 14th, 2014 by financetwitter
The new World Cup champion is here - Germany. After 24-years, at last the Germans have every reason to celebrate for weeks to come. Too bad Argentina's Lionel Messi couldn't score any goal and help his team win, as that would make him the new hero on par with Diego Maradona, who helped his country l [...]
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