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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 27th, 2011 by financetwitter
Khairun Bin Zainal Mokhtar, CEO and biggest single shareholder of Tricubes Berhad (KLSE: TCUBES, stock-code 0062) disposed 20,000 shares and transferred 2,000.000 shares to his wife, Zalianna Binti Mohd Zaman Khan, according to the latest changes in shareholders received by Bursa Malaysia on 14 Feb [...]
April 24th, 2011 by financetwitter
Honda Civic 2012, the ninth-generation of the Civic family is set to arrive soon next year but the design was already released in the internet for quite some time, thanks to the 2011 Detroit Auto Show. Honda unveiled the Civic Concepts during the show and the Civic Sedan and Civic Coupe were pretty [...]
April 23rd, 2011 by financetwitter
Celcom, the oldest mobile communications company in Malaysia and claims to have the widest and most extensive coverage nationwide with dual-band GSM (900/1800 MHz) coverage of 97% of Malaysian population, has finally announced its Apple iPhone 4 offering today. Its CEO Shazalli Ramly who claimed tha [...]
April 21st, 2011 by financetwitter
Another quarter and another outrages earnings from Apple. Seriously the authorities have to do something about this earnings guidance thingy. Apple has been making fun of earnings game by deliberately giving lower guidance since the dinosaurs were wiped out from this planet only to announce better t [...]
April 21st, 2011 by financetwitter
Malaysian Prime Minister Najib Razak should be extra sensitive and cautious in rushing to promote his pet-initiative Economic Transformation Programme (ETP). Just like his predecessor Abdullah Badawi who was so obsessed with multiple Corridor propagada until he was himself shown the corridor's exit [...]
April 18th, 2011 by financetwitter
Sarawak state elections 2011 has come to an end and as expected PM Najib's ruling National Front (BN, Barisan Nasional) retained control on the state, which accounts for a fifth of its parliamentary seats. I hate to say this again but (yawn) - didn't I tell you so? Not that I've the crystal ball but [...]
April 16th, 2011 by financetwitter
Results of the Sarawak Elections 2011 will be broadcast by FinanceTwitter as below. Result will be updated as and when latest information is available.
Seats Contested = 71. Initial results: Opposition Pakatan has failed to deny BN two-thirds majority.
Final Tally: BN: 55 seats, DAP: 12 seats, [...]
April 15th, 2011 by financetwitter
Larry Page, who replaced Eric Schmidt as Google Inc. (Nasdaq: GOOG, stock) CEO last week, is back on hiring spree in his hunger for new growth opportunities such as mobile and video advertising. Google boosted hiring by more than 1,900 people during the first quarter and in the process hurt the bott [...]
April 15th, 2011 by financetwitter
Cash or rather money is King. It's true when stock market crashes and everybody adopts sell first ask question later. Japan's recent earthquake crippled global stock markets, at least temporarily. Those who bought into the panic selling were laughing to the banks. The current Sarawak state election [...]
April 13th, 2011 by financetwitter
Malaysiakini.com, the second most visited news website by more than 17 million internet users in Malaysia was down from 11 am yesterday, thanks to cyber attacks. The website technical team believed the inaccessible was due to denial-of-service or DOS attack. Malaysiakini said both their servers whic [...]
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