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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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September 13th, 2012 by financetwitter
Apple introduces the thinnest, lightest, fastest and most powerful phone it has ever made, the iPhone 5, which will be released Sept. 21. If the previous lame iPhone 4S managed to pull strong sales, this sexier iPhone 5 with bigger screen and slimmer body should be able to do better. With the four-i [...]
August 23rd, 2012 by financetwitter
The structure was erected 123 years ago in 1889 and at 320 meters tall (roughly the height of an 80-story building); it is the tallest structure in Paris. It received numerous controversy and criticism from sculptors, architects, painters and whatnot even before its construction. It was ridiculed as [...]
July 24th, 2012 by financetwitter
Slightly more than three months ago, I wrote an article about the reasons why you shouldn’t buy a car, at least for now. You can read it here. Basically consumers (yes, that’s you, dude) have been taken for a long ride since the introduction of former premier Mahathir’s pet project, Proton, no [...]
July 9th, 2012 by financetwitter
Just like how Spain proved herself to be the best team in Euro 2012 final by beating Italy 4-0, yesterday's Chua Soi Lek vs Lim Guan Eng debate 2.0 saw the same result - Guan Eng beats Soi Lek hands down 4-0. And just like how the Spanish finished Italian's dream via magnificent four - Silva, Alba, [...]
July 5th, 2012 by financetwitter
Back in Nov 2009, Australia Independent Senator Nick Xenophon made a speech in Australia's Parliament alleging that Scientology was not a religious organization but rather a criminal organization that hides behind its so-called religious beliefs. Fast forward Apr 2012, Senator Nick together with num [...]
June 24th, 2012 by financetwitter
After weeks of sleepless nights countless of hours sitting in front of the tube, the Euro 2012 is coming to the end. After Spain trashed France 2-0, there're four more matches to go before lifes return to normal routine. There're some surprises from this round of Euro 2012 tournament, of course. Peo [...]
June 16th, 2012 by financetwitter
Giant Pandas were used as diplomatic gifts for as long as history can remember, dating at least as far back as the 7th century Tang Dynasty, when Empress Wu Zetian sent a pair to the Japanese Mikado Emperor. Just when the pandas thought they won't get "exported again", their country did it again in [...]
June 12th, 2012 by financetwitter
Unlike the era of the 1990s, thanks largely to 1993's Super Bull Run, you can't expect to make easy money at IPOs tables nowadays. During the good old days, making 100% profits via IPO was a normal story. Heck, you would probably get laughed at for trumpeting 100% profits. Even if you were very "Sui [...]
May 24th, 2012 by financetwitter
The story of Facebook was full of controversies - from the moment the company's birth to its IPO last Friday. Mark Zuckerberg, then 19-year-old, was accused of stealing Facebook's idea, the source code and the business plan for Facebook in 2003 from Harvard seniors, Cameron and Tyler Winklevoss. And [...]
May 14th, 2012 by financetwitter
It's been two weeks since the stunning 250,000 people brave the burning sun demanding for clean elections during Bersih 3.0 rally. Interestingly the topic is still selling like hot potatoes. Actually the rally is still hot news simply because both government and opposition wouldn't want it to die a [...]
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