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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 2nd, 2014 by financetwitter
There're good reasons why parents sometime need to discipline their kids on the do's and don'ts, especially when your kids are particularly talented in art. There were tons of news how kids decorated their parents' expensive new sofas with drawings using marker pens. They might try their luck on you [...]
June 1st, 2014 by financetwitter
In most by-elections, the "unofficial results" from the government's (read: BN, Barisan Nasional) camp normally would be final. So, when the unofficial results of Teluk Intan by-election shows BN candidate Mah Siew Keong won with a razor-thin majority of 238 votes, it was game over for DAP and PR (P [...]
May 28th, 2014 by financetwitter
Imagine you go to supermarket, put two items in your shopping cart and proceed to cashier counter to make payment. Surprisingly, the cashier said "Sorry, No More Stock" and you see your shopping cart empty - Magic !!! That was what happened today at Xiaomi Malaysia store. Hundreds of furious message [...]
May 27th, 2014 by financetwitter
Xiaomi Sucks !! Xiaomi Wasting Peoples' Time !! That was how frustrated people were at Xiaomi today when the supposedly second round of flash sale didn't take off as planned. Reason - Xiaomi Malaysia experiences technical issue with Amazon Web Services hence affecting Xiaomi Malaysia's store.
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May 26th, 2014 by financetwitter
Japan finally wins their first ever Thomas Cup, after 12 appearances in the prestigious badminton competition, ever since the cup was introduced by Sir George Alan Thomas in 1949. Japan becomes the fourth nation to win Thomas Cup, of which Malaysia, Indonesia and China were the only countries that d [...]
May 23rd, 2014 by financetwitter
The hamburger is perhaps one of the world's most sellable foods. It's also one of the simplest food to make. Despite its simplicity, it's freaking difficult to make a delicious one. And when you talk about hamburger, the immediate brand that strikes your mind is none other than McDonald's. The compa [...]
May 20th, 2014 by financetwitter
Teluk Intan, formerly known as Teluk Anson, is set for an interesting fight between two individuals this 27th May. This small town, popularly known as "Anson" by Perakians is also known for its legendary "Chee Cheung Fun" (steamed rice roll filled with dark brown aromatic shallots and dried shrimp [...]
May 19th, 2014 by financetwitter
How much is a quadrillion American dollars? Hint - that's one thousand trillion. Okay, guess you still can't tell how many zeros there are in a quadrillion, can you? It's 1 followed by 15 zeros. That was the number of zeros when one person filed a claim against the U.S. federal government as a resul [...]
May 17th, 2014 by financetwitter
U.S. fast-food workers went on strike on Thursday, targeting fast-food restaurant operators such as McDonald's, Wendy's, KFC and Burger King. They are seeking wages of US$15 an hour and the right to unionize without retaliation. At present, some are earning US$8.60 an hour while others are getting U [...]
May 15th, 2014 by financetwitter
Were you fascinated by the movie Elysium particularly the part where people don't get sick because they (the rich people, to be precise) can always slip into a pod-machine to get their cells regenerated? It can even rebuild the face of the bad guy (Agent Kruger), whose face was blown off beyond reco [...]
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