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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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March 17th, 2008 by financetwitter
If you think that the recent political landscape changes are more or less would remains until the next general election, think again. There could be second wave of tsunami hitting the nation’s shore and just like the first round, the second round could blow your mind off (if it becomes reality). W [...]
March 16th, 2008 by financetwitter
The talk and definitely the hope of investors now is whether they’re seeing the worst of the Wall Street. Since Nov 2007 Dow Jones has been plunging from the high of 14,000 to slightly above 12,000. In fact the 12,000 is the psychology level that almost everyone is watching very closely especially [...]
March 13th, 2008 by financetwitter
When you thought the excitement has died down after the 12th General Election which saw the ruling government reduced to merely simple-majority-government, it appears the thrill has just begun. After successfully captured another four states (Penang, Selangor, Perak and Kedah) plus the administrativ [...]
March 12th, 2008 by financetwitter
Baidu.com, Inc. (Nasdaq: BIDU, stock) has a spectacular run today as if it had taken steroid. It’s been about 3 weeks since I last made some money from this stock. Time is bad and the stocks are volatile so it’s not easy to spot an opportunity. Decided to Open position on BIDU APR 270 Call Optio [...]
March 12th, 2008 by financetwitter
You've heard about how cell-phone and laptop batteries explode like C4 and used by terrorist as weapon for their suicide mission *just kidding*. But it did explode in a smaller scale though. And just when everyone thought Apple’s products have the highest quality, something disturbing has been rep [...]
March 11th, 2008 by financetwitter
Stocks research firms (government officials are still stunned by Abdullah Badawi’s worst defeat in the history of the National Front since 1969) were scrambling to positively assure the investors that Monday’s 130 points plunge, the worst one day drop ever in the country’s stock market, was a [...]
March 10th, 2008 by financetwitter
Malaysia’s 12th General Election has ended but not without shocking and heart-breaking results. In other countries such as Italy, U.S. or Germany such result would have been considered normal but in Malaysia, such results are abnormal. It can be equate to people revolution against a 50-year-old go [...]
March 9th, 2008 by financetwitter
Something was obviously troubling the Election Commission chairman Abdul Rashid during the much awaited announcement from him early this morning. The lenses of camera were zooming on him but he was not ready. At one point the visibly upset Abdul Rashid was seen angrily showing finger signs to someon [...]
March 8th, 2008 by financetwitter
The date is 8th Mar 2008 and the time is 9:30 pm local time. Abdullah Badawi’s coalition party, National Front or popularly known as Barisan National, is suffering the biggest setback in the history of Malaysia politic. The landscape is changing and the Prime Minister (oops, he’s not yet officia [...]
March 7th, 2008 by financetwitter
In less than 24 hours eligible Malaysian will become the “decision maker” of their own destiny – to vote their candidates and parties in the 12th General Election. This is the only chance to make things right after most of them screwed up big time four years ago when the slogan of empty promis [...]
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