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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 20th, 2011 by financetwitter
Jim Cramer was right when he was furious about the LinkedIn Corp's IPO yesterday. He was absolutely right that the IPO was "outrageously overvalued and preposterous" and that it's the most ridiculous IPO since TheGlobe.com. Seriously, who can blame him when he accused the underwriters of playing the [...]
May 19th, 2011 by financetwitter
During such time of escalating fuel price, not only consumers are feeling the pinch, gas stations are competing with each other as well to attract customers. In U.S. where the fuel prices does not enjoy subsidy and fluctuates on daily basis, one has to be creative to lock-in customers. A gas station [...]
May 19th, 2011 by financetwitter
Dominique Strauss-Kahn or popularly known as DSK is charged with sexually assaulted and tried to rape a housekeeping employee after chasing her naked through his posh Sofitel Hotel's penthouse suite. The 62-year-old IMF chief is now under a suicide watch at New York's Rikers Island jail complex. But [...]
May 18th, 2011 by financetwitter
We know Facebook is the world's most successful and largest social networking service, with over 600 million users. We also know that Facebook IPO valuation once goes up to a crazy figure - as much as US$124 billion. Facebook is so influencial that we even knew before the results of Singapore's Elec [...]
May 16th, 2011 by financetwitter
Once I had the opportunity placing orders using touch-screen, but not a kiosk though, at a Japanese restaurant. It uses a small computer screen, probably about 14-inch, and it was a fun and cool experience. I hate keeping the waiter or waitress standing next to me waiting impatiently as if the next [...]
May 16th, 2011 by financetwitter
This is the second part of 10 Reasons Must Call A Snap Election This Year. The reasons why Najib should and must call a snap election this year continues. You can read the Part-1 here at 10 Reasons Must Call A Snap Election This Year – Part 1
6) People Do Not Hate BN Government That Much Anym [...]
May 15th, 2011 by financetwitter
After the Sarawak's state election, many jumped into conclusion that Najib will have no other choice but to postpone the calling of the 13th General Election. Reason - Najib's friend in Sarawak performed badly after DAP captured 12 of 15 seats contested, a 80% success rate, not to mention doubling i [...]
May 13th, 2011 by financetwitter
After Diablo and Murcielago, Lamborghini introduced Aventador LP700-4 at the 2011 Geneva Motor Show on Mar 1. Before you can make that call to book a unit, the Aventador which goes into production in the second half of 2011 has already sold out more than 12 months production, of which he deliveries [...]
May 11th, 2011 by financetwitter
Microsoft, the world’s largest software company, agreed to pay $8.5 billion cash for Luxembourg-based Skype. That was cool because both Google and Facebook were trying to acquire Skype as well. But Google doesn't really need Skype because it has its own Google Voice. As much as Facebook would like [...]
May 10th, 2011 by financetwitter
Finally, Apple Inc. has surpassed Google Inc. to become the world's most valuable brand, thanks widely to the popular iPhone and iPad. It is indeed a sweet achievement considering Apple brand actually jumps a whopping 84% increase compared to last year. Apple is way ahead of Google with its brand va [...]
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