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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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March 23rd, 2012 by financetwitter
Much have been said about a Wikileaks sponsored debate (or interview, forum, questionnaires or whatever) between Malaysia de-facto opposition leader and PM wannabe Anwar Ibrahim and infamous blogger Raja Petra Kamarudin (popularly known as RPK). RPK instantly triggered "excitement" when he called An [...]
March 16th, 2012 by financetwitter
The 82nd Geneva Motor Show 2012 saw scores of cool and awesome cars from some of Europe's biggest car makers such as BMW, Mercedes, Aston Martin, Bentley and of course Lamborghini. Besides expensive and beautiful cars there were tons of hot girls screaming to be photographed in this neutral territor [...]
March 8th, 2012 by financetwitter
The new iPad is here but it's not called iPad 3 but simply "new iPad". If you think iPhone 4S was bad because it should be called iPhone 5 instead, although I believe Apple deliberately hold on the extra juices meant for a "real iPhone 5", this latest new iPad is worse because the naming somehow sen [...]
March 6th, 2012 by financetwitter
Last month, Apple Inc.'s market capitalization zoomed above the $500 billion mark. The company's stock reached the 52-week high at $548.21 a share, just two bucks shy of $550 a share and this is the immediate resistance level. With yesterday's closing of $533.16 a share, this monster has market capi [...]
February 29th, 2012 by financetwitter
If there's a research on the best and most rewarding job in Malaysia, it has to be a career as a Minister. To maximize the profits derived from such position, the "Minister" post has to be from UMNO-led government and you've to be Chief-Of-Something from UMNO. That doesn't mean you can't make your m [...]
February 26th, 2012 by financetwitter
Stock and property markets are perhaps two of the most profitable fields as far as investment is concerned. Both have their own bubbles hence the multiple theoretical cycles so go figure when to jump in and when to get the hell out of it. But unlike stock market, property investment has another dist [...]
February 23rd, 2012 by financetwitter
The news (or rather rumours) is out that Google's highly secret project conducted at "Google X" lab will be churning out its product by end of the year (that's end of 2012). Google X is a secret laboratory where Google scientists work on wild and futuristic ideas. The lab is so secret that most Goog [...]
February 19th, 2012 by financetwitter
Yesterday's debate between MCA president Chua Soi Lek and DAP secretary-general Lim Guan Eng was a disappointment for those who're looking for a debate entitled "Chinese at a Crossroads - Is a Two-Party System Becoming a Two-Race System?" simply because both debaters had failed to delve into the top [...]
February 17th, 2012 by financetwitter
Prime Minister Najib Razak must be the happiest person on planet earth when his wife, Rosmah Mansor or Auntie Rosy, received her scroll along with 500 other graduating students from Curtin University. Auntie Rosy is now Dr Auntie Rosy or Dr First Lady Auntie Rosy after the Australian university conf [...]
February 12th, 2012 by financetwitter
America - Land of the Free, Home of the Brave. While the life of a Manhattan city slicker might be vastly different from someone living in a Minnesota township, the overall picture is still a great place to start. On the other hand, Canada’s a pretty big place - even though the life of a condo dwe [...]
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