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I have stated my views honestly, guided by my conscience and with the best interests of the nation in mind – says Hannah Yeoh. About a week later, the Federal Territories Minister, who is also a critical member of the Pardons Board, denied ever signing a house arrest order for former Prime Minist
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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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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 [...]
January 23rd, 2009 by financetwitter
I thought I would be able to make another 100% profit on my AAPL Call Options after the company announced its earnings that beat analyst estimates. The stock jumped almost 10% after trading hours to $90.70 a share. For the quarter, the company earned $1.61 billion (or $1.78 per share) up from $1.58 [...]
January 20th, 2009 by financetwitter
Barack Obama’s inauguration will be televised as well as live-streamed and simulated in virtual worlds. Web sites such as Joost, Twitter, Flickr are some of the many sites readied in broadcasting Tuesday’s events live. Of course you can tune in to CNN (Astro subscribers) to enjoy the historical [...]
January 19th, 2009 by financetwitter
Citigroup Inc. (NYSE: C, stock) was splitting (what happen to the financial supermarket buzzword? *grin*) and Bank of America (NYSE: BAC, stock) was getting a whopping $138 billion government bailout. What a major milestone in the history of American capitalism. Nobody dares or cares to predict the [...]
January 16th, 2009 by financetwitter
Remember how one of the worst and dying companies in town was awarded the precious 3G license while another successful company was denied not many moons ago? The puzzle was solved when Time DotCom Berhad (KLSE: TIMECOM, stock-code 5031) was literally given free 27.5 million shares in DIGI.com Berhad [...]
January 15th, 2009 by financetwitter
Share prices of U.S. banks are unbelievably cheap nowadays and if you think it’s already damn cheap it could go down further. Faith is fast fading for stocks such as Citigroup Inc. (NYSE: C, stock) and Bank of America (NYSE: BAC, stock). The problem could be bad enough for Citigroup to let go of c [...]
January 13th, 2009 by financetwitter
In case you missed this piece of classic jokes, here’s the headline whereby the bumiputra motor traders asked for APs (approve permits) system to be extended until 2020 and guess what, the International Trade and Industry Minister said “Aye”. Under the National Automotive Policy (NAP), the AP [...]
January 12th, 2009 by financetwitter
We can argue until the cows come back and debate until we foam at the mouth why do we keep experiencing this 10-year economic cycle. If we are capable of sending spacecraft deep into Mars ever since 1960s, can’t we plug this hole called “Recession”? There should be some sort of formulas to sol [...]
January 8th, 2009 by financetwitter
What have you been doing right after the fireworks to welcome the New Year 2009? To be precise, did you rush in to the stock market – local or overseas? I did write that Jan 2009 is the month of orgasm but I also pointed out that unless you’re a swing trader, don’t try to fool around with the [...]
January 6th, 2009 by financetwitter
Violence in the Middle East may just push the saggy crude oil prices higher much to the delights of the OPEC members who have been scratching their heads in disbelieve recently as to why their efforts previously didn’t work. Russia’s dispute with Ukraine (again?) over natural gas supplies will h [...]
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