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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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May 13th, 2013 by financetwitter
Today, May 13th 2013, is a day that every Malaysian should remember. Approximately 44 years ago, racial riots happened hence the infamous May 13th 1969 black chapter in the country's history. Nope, you shouldn't remember the May 13th that happened 44 years ago but rather the May 13th that happens 44 [...]
May 10th, 2013 by financetwitter
At the current age of 87, former premier Mahathir is running out of time. He needs to position his son, Mukhriz Mahathir, at least as UMNO deputy president before he kicks the bucket. He deliberately lobbied two of his "budak suruhan" (boy-servants), Ibrahim Ali and Zulkifli Nordin, to be fielded as [...]
May 7th, 2013 by financetwitter
Some trends never fails to amuse everyone during Malaysia general elections - whenever opposition is leading during votes counting, they will always lose towards the end of the process because "courier service" will deliver some magic ballot boxes (*grin*). Equally amusing was the fact that th [...]
May 3rd, 2013 by financetwitter
Everyone knows caretaker PM Najib Razak's coalition, BN (Barisan Nasional), is going to cheat in this 13th general election. There're only two types of people who don't think BN will cheat - the rural villagers whose best friend is government-controlled mainstream media and BN fans themselves. [...]
April 30th, 2013 by financetwitter
Can rising star Pakatan Rakyat (PR) retain Penang state with bigger majority than its 2008 results? Will PR lose narrowly the crown jewel Selangor state but win more seats in Johor state instead this round? What about Perak state - can PR retake the state which has the fourth most parliamentary seat [...]
April 22nd, 2013 by financetwitter
Post Mar 2008 general election, Malaysians were introduced to the concept of political frogs, magnified by the infamous lost of Perak state by Pakatan Rakyat (PR) to Barisan Nasional (BN). It began with 3 Pakatan Rakyat state legislators defected due to money and sex scandal. The most famous of the [...]
April 19th, 2013 by financetwitter
The Malaysian Registrar of Societies (ROS) dropped a megaton bombshell yesterday, just 48 hours before the 13th General Election's crucial nomination day, and it couldn't come at a better time. Ever since DAP, one of the three coalition members within opposition Pakatan Rakyat, concluded their party [...]
April 17th, 2013 by financetwitter
Joseph Pairin Kitingan won Tambunan, Sabah, state assembly seat in 1976 (under Barisan Nasional's component BERJAYA party ticket) and has been holding the fortress ever since. He was then Berjaya's deputy president. He left Berjaya to form PBS (Parti Bersatu Sabah or United Sabah Party) and managed [...]
April 12th, 2013 by financetwitter
Now that the voting date has been confirmed on 05-05-2013, the countdown for a change of government or otherwise has begun. Since caretaker PM Najib Razak loves to copy speeches from the past American presidents, here's another one from former U.S. President Abraham Lincoln during his infamous Getty [...]
April 9th, 2013 by financetwitter
Christmas comes early this year, does it not? Going by the rate caretaker prime minister Najib Razak is dishing out money as if he was playing monopoly board game, everyone wishes general election is an annual event. I'm willing to bet all my money that Najib could become the next President of the U [...]
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