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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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June 25th, 2014 by financetwitter
Smoking is a big business. Quitting smoking is an even bigger business. According to the American Cancer Society, the average smoker spends US$1,500 a year on tobacco products – representing at least 3% of the average American’s income. Needless to say, major tobacco companies are laughing all [...]
June 25th, 2014 by financetwitter
Uruguay football hero Luis Suárez is not only a genius but also a serial human biter, it seems. The bad boy has appeared to bite Italian defender Giorgio Chiellini in the latest Uruguay-Italy match. Amusingly, despite sinking his jaws into the shoulder of Chiellini, he walked away free - no yellow [...]
June 24th, 2014 by financetwitter
The current crisis in Iraq is not an internal problem confined to the country alone. ISIS (Islamic State in Iraq and Syria) is "invading and capturing" cities in the northern and central Iraqi provinces at lighting speed. But that's not the mind-boggling parts of ISIS. The group raises eyebrows beca [...]
June 23rd, 2014 by financetwitter
According to a survey of more than 900 mid-to large-size companies by compensation consultant Towers Watson last year, employers say they'll dole out raises averaging 3% in 2014, virtually matching annual increases in 2013 and 2012. The study also found the best performers can hope for a 4.5% raises [...]
June 23rd, 2014 by financetwitter
Why corporations spend huge amount of money in advertising? The answer is to sell their products, of course. And to do that, it depends very much on the company's logo. The logo, to certain extend, represents company's brand. Without a logo, you're basically no difference from selling your products [...]
June 20th, 2014 by financetwitter
Forget about Apple's coming iPhone 6. That's so (*yawn*) yesterday as everyone knows the new iPhone 6 will have better camera, slimmer, bigger screen and whatnot. Unless it can make coffee or pizza, iPhone 6 will be another facelift smartphone from Apple. If you like a big screen smartphone, chances [...]
June 20th, 2014 by financetwitter
Roads were empty while thousands of pubs were filled to brim. It was a do or die match for England against Uruguay, a team that England have never beaten before at the World Cup. While England was hoping Rooney could score, or at least make himself useful, Uruguay was delighted that Luis Suarez retu [...]
June 19th, 2014 by financetwitter
Ever since former CIA agent Edward Snowden leaked secret surveillance techniques, the world has become a more dangerous place. This is true mostly to intelligence agencies around the world, especially United States and United Kingdom. The business of combating terrorism will never be the same again. [...]
June 19th, 2014 by financetwitter
Spain is toast, out, history, kaput. The defending champion of 2010 FIFA World Cup and 2012 Euro Cup is out in the very first round of the present 2014 FIFA World Cup. Who could have predict that? It was a humiliating display when the Spanish team lost 0-2 to Chile, after lost 1-5 to Holland earlier [...]
June 18th, 2014 by financetwitter
Whenever your friends drag you into a multi-level-marketing talk, or sweet-talk you for a coffee session only to find out you're persuaded to buy an insurance policy, chances are you would be bombarded with two magic words - health and wealth. In a multi-level-marketing session, most of the time you [...]
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