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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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February 16th, 2009 by financetwitter
Could you imagine what would happen if today is the year 1993 or better still 1988? Both years are important because it was during these periods that Malaysia experienced her biggest Constitutional Crisis. And the mastermind who architected both Constitutional Crisis was none other than the father o [...]
February 15th, 2009 by financetwitter
President Barack Obama has gotten the Congress to pass the $787 billion economic stimulus plan. There’s nothing to shout about because the U.S. economy will take at least another year, if you’re lucky, to see favorable result. Meanwhile over in Malaysia everyone is waiting for the coming second [...]
February 13th, 2009 by financetwitter
By now you are an idiot if you still think the global recession is not real and a confirmed moron to think that the current economy crisis will not affect your country. You can’t pretend to see no evil hear no evil simply just because you’re clueless on how to tackle this problem. It’s alright [...]
February 10th, 2009 by financetwitter
Sometimes you can’t help but wonder if this old fox was really senile or just pretending. The explosion of Perak Constitution Crisis created dilemma to the same people who had been lauding the Perak Sultan as the most learned and respected Ruler ever seen. Suddenly they couldn’t accept the fact [...]
February 8th, 2009 by financetwitter
I didn’t know that my previous article (read here) was picked and published by the famous and cotroversial Malaysia-Today (read here) until one of my readers alerted me (thank you). And from the comments received it appeared almost 100% of them are against the decision by Sultan of Perak’s decis [...]
February 6th, 2009 by financetwitter
Dubai is probably the best yardstick to measure the economy of the Gulf region; at least Dubai was the most prosperous city within the region. People might not know where Oman is but they can’t miss Dubai. For years people have been flocking to this city hunting for their first pot of gold. As wit [...]
February 5th, 2009 by financetwitter
Finally, the honeymoon is over for Pakatan Rakyat after 11-month running the Perak state. The Sultan of Perak seems to think that state assembly dissolution is not necessary over the current crisis. Interestingly police and FRU were speedily fast in taking over the State Secretariat building after o [...]
February 4th, 2009 by financetwitter
The breaking and hottest news must be the current political crisis that is brewing in the state of Perak. In the latest twist it seems the Barisan Nasional Perak has secured the majority of state seats to form a new Perak Government after four Pakatan Rakyat assemblymen left their respective parties [...]
February 3rd, 2009 by financetwitter
The saying goes that money can’t buy everything but then without money you can’t buy a single thing and so people still worship money till today. People still debates if money can buy true love, happiness and so forth but it’s quite subjective, really. Individual who can’t live without money [...]
January 30th, 2009 by financetwitter
It surely feels good to see Apple Inc. (Nasdaq: AAPL, stock) shares trading above $90 bucks a share after my previous article. I suppose it’s time to take money off the table *grin* today as Friday is always a good day to lock in profit, if you know what I mean. In fact the best time to cast away [...]
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