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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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April 29th, 2012 by financetwitter
Bersih 3.0, perhaps the mother of all rallies before the coming snap election has ended with jaw-dropping reactions from both parties - the organiser and the government. This beast attracted such a huge crowd that even the police, infamous for playing down rallies participant's number, estimated the [...]
April 28th, 2012 by financetwitter
It seems (prospect) demonstrators or probably curious "tourists" decided to give the Bersih 3.0 rally a run for their money - they started flocking to the Dataran Merdeka early, or rather late at Friday night, as if they've not seen DBKL and police before. The scene was quite hillarious as these "to [...]
April 27th, 2012 by financetwitter
Tomorrow is the Judgement Day for Malaysia PM Najib Razak. The outcome of the Bersih 3.0 rally will determine if he will indeed become the shortest (4-year) serving Prime Minister of Malaysia, the shortest in the history, even shorter than his father who died in office. Tomorrow's rally will also de [...]
April 25th, 2012 by financetwitter
The Fear Factor Season 3 is here again. In another 3 days, the much feared Bersih 3.0 rally will rock and roll in Kuala Lumpur, capital city of Malaysia. Bersih 1.0 was held in 2007, followed by Bersih 2.0 in July 2011. Both rallies delivered embarrassing moments to the Malaysian Government - Bersih [...]
April 23rd, 2012 by financetwitter
Weekend joke came early late last Friday when images of newly launched Proton Preve suffering "weird damage" made its way on the internet, filling up forums and social network Facebook, which otherwise should take a "break" from the digital world as netizens taking time off for weekend shopping. Aft [...]
April 15th, 2012 by financetwitter
The 2012 Tax Season is here again and taxpayers (employed individuals) have until April 30 to file their tax returns. Sole proprietor or business partner is luckier as their deadline is June 30. Nevertheless with the e-filing system, you should not wait till the last minute as we've heard horror sto [...]
April 12th, 2012 by financetwitter
Buying a car in Malaysia is an expensive affair. Besides a place called home, car is perhaps the biggest commitment to an average Malaysian. It's not a fairy tales anymore that an average-Joe could be spending the rest of his life paying installments for his home and car. And we're not talking about [...]
April 3rd, 2012 by financetwitter
Toyota's seventh-generation Camry, a model which has been synonym with "Uncle's Car", is here (espected in June, just 2 months away). This model is the same as the new model in Ukraine whereby the Toyota Aurion is badged as a Camry. Toyota Malaysia website was loaded with teasers, yesterday with the [...]
March 29th, 2012 by financetwitter
A drone, or unmanned aerial vehicle (UAV), is a machine which is remotely piloted and is used very successfully in the U.S. military. Drones are transforming the way American fights and thinks about its wars hence "drone warfare". The remotely piloted planes are used to transmit live video from Iraq [...]
March 27th, 2012 by financetwitter
As have been written numerous times before, there're two things that the Chinese community cherish the most - economy and education. Take any one of these two items away and you're looking for trouble. So when the British colonial government proposed a national education system in both English and M [...]
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