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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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October 15th, 2024 by financetwitter
When is a safe house no longer safe? Well, when it's been exposed and discovered by the enemies. The concept of safe house has been widely featured in spies or criminals movies. It is used by criminals hiding from the police, or used by a spy to stay undetected. It can be used for legal or illegal [...]
October 13th, 2024 by financetwitter
He has not been heard from since Israeli strikes on Beirut about 2 weeks ago. Believed to be dead, or wounded, Esmail Qaani was promoted by Tehran as the head of the IRGC (Iranian Revolutionary Guards Corps) overseas military-intelligence service after the United States assassinated Qasem Soleimani [...]
October 11th, 2024 by financetwitter
Azilah Hadri, one of the two former Special Actions Unit (UTK) commandos convicted for the murder of Mongolian Altantuya Shaariibuu about 18 years ago, had successfully escaped the gallows. His death penalty was commuted to a 40 years and 12 strokes of the cane yesterday (Oct 10, 2024). But his luc [...]
October 9th, 2024 by financetwitter
Almost one-fifth of Florida’s gas stations were out of fuel by Tuesday afternoon, and the streets are empty as people scramble to leave - nearly two weeks after the destruction as a result of Hurricane Helene. The Hurricane Milton, projected to hit the south-west coast of Florida by Wednesday eve [...]
October 8th, 2024 by financetwitter
Many think Israel will hit Iran on October 7, the anniversary of Hamas attack on Israel last year which killed 1,200 Israelis and resulted in over 200 hostages taken. It didn't happen. If the Jewish state's timing of retaliation and military strategy could be easily guessed, then the [...]
October 5th, 2024 by financetwitter
On October 7, 2023, Hamas in Gaza launched a brutal massacre of Israeli civilians, killing 1,200 Israelis and resulted in over 200 hostages taken. The next day (October 8), Hezbollah in Lebanon launched rockets into Israel under the pretext of solidarity with the Palestinian militant grou [...]
October 3rd, 2024 by financetwitter
How do you hoodwink a judge that you were not corrupt even though you had stolen money, never mind whether the amount was RM2.27 billion or just 1% of it, which translates to RM22,000,000? Former Prime Minister Najib Razak's hotshot attorney might have found the answer - convince the court that his [...]
October 2nd, 2024 by financetwitter
Fresh from sending 85 bunker-buster bombs that killed terrorist organization Hezbollah leader Hassan Nasrallah, Israel publicly announced on Tuesday (Oct 1) that it has begun a "limited ground offensive" into southern Lebanon. The IDF (Israel Defense Forces), of course, were already inside Lebanon [...]
September 29th, 2024 by financetwitter
When reporters of BBC and Al-Jazeera, arguably two of the loudest cheerleaders of Hamas and Hezbollah terror groups, appeared sombre and sad while reading (unconfirmed) news that Israel has killed Hezbollah leader Hassan Nasrallah, you know that the cleric is indeed dead. Besides, the IDF (Isr [...]
September 26th, 2024 by financetwitter
Crude oil prices hit its lowest since December 2021 early this month. The West Texas Intermediate (WTI) crude futures for October contract was trading at US$65.75 per barrel, whilst the Brent crude oil for November contract was US$69.19 per barrel. Meaning since the beginning of the year, bot [...]
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