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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 25th, 2008 by financetwitter
Actually the article I wrote yesterday was rather long, too long that I need to split it into two or three articles. Although both, of which the second part will be revealed in this article, seemed to be of different topics it was in actual fact related - it’s about Jaguh Kampung or Village Champi [...]
May 24th, 2008 by financetwitter
I almost fell off my chair, not because I was extremely sad that Malaysia lost her island but from the extreme laugh, probably one of funniest episodes - the verdict of 28-year territorial dispute on a small island. The International Court of Justice’s 12-4 decision in favor of Singapore on Pulau [...]
May 23rd, 2008 by financetwitter
Netease.com Inc. (Nasdaq: NTES, stock), a leading Chinese Internet and online game service provider, reported its first-quarter profits fell 10% due to higher tax charges from a new income tax law despite a jump in revenue. Shares of NTES sold off sharply by 6% to $22.60. The weakness in shares of N [...]
May 22nd, 2008 by financetwitter
The Malaysians who made it to the richest list is out as compiled by Forbes Asia. Leading the list is the undisputed sugar king Robert Kuok who made the score of US$10 billion, up by $2.4 billion. If only he could put someone else other than the idiot politician who was the former president of MCA ( [...]
May 22nd, 2008 by financetwitter
Another day another 200 points plunge as jaw-dropping investors watched the oil prices hit the roof of $135 ($135.04 in after-hours electronic trading) a barrel for the first time Wednesday thanks largely to the report from the Energy Department's Energy Information Administration which said crude i [...]
May 21st, 2008 by financetwitter
Oil prices going for $130 a barrel – FinanceTwitter screamed back in early Mar 2008, slightly more than two months ago when the black gold was traded at $102 a barrel. While there’re only a handful of readers who thought it was possible, many readers wrote personally to say it was nonsense to th [...]
May 20th, 2008 by financetwitter
Have you ever had a threesome before? The saying goes that you should never have a threesome with someone that you wish to keep. If you think Microsoft Corp would leave Yahoo Inc. alone and let Google Inc. continues to dominate the lucrative online advertising, think again. It appears Microsoft migh [...]
May 19th, 2008 by financetwitter
Almost all the local news media be it government-controlled electronic or print media and bloggers screamed “Mahathir quits UMNO”. Should this former prime minister and dictator’s decision be given such a coverage? Perhaps his decision to quit was the hottest news so far hence the front-page p [...]
May 17th, 2008 by financetwitter
This weekend will be quite a happy one for most of the employees because Monday is a holiday – Wesak Day. There’s a saying which roughly translates to “On Monday staffs work like a worm but on Friday the staffs work like a dragon” – meaning your staffs are most unproductive on Monday and v [...]
May 16th, 2008 by financetwitter
Two stocks seemed to be courting each other. Before that these two stocks seemed to emulate kids’ story – Rabbit and Turtle. There’s a small twist though. While the arrogant rabbit decided to take a nap the turtle slowly crawled past the rabbit to the finish line. The rabbit tried to catch up [...]
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