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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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December 28th, 2007 by financetwitter
Globalization seems to be the magic bullet which is slowly but surely taking its effect on everyone including the world of stocks investing. When I first started FinanceTwitter about slightly more than a year ago, I wasn’t too sure if I should write about the hidden opportunity in investing not on [...]
December 28th, 2007 by financetwitter
Dow Jones plunged over 190 points after the assassination of Pakistani opposition leader Benazir Bhutto together with Commerce Department's durable goods orders raised concerns about the U.S. economy. Bhutto's assassination in Rawalpindi raised the possibility of increasing political unrest in Pakis [...]
December 27th, 2007 by financetwitter
This seems to be a good idea – the suggestion to shorten the Malaysia Stock Exchange’s trading hours from the current 9 a.m. - 5 p.m. to 10 a.m. – 4 p.m. It was suggested by Malaysian Investors’ Association (MIA) today. Frankly I’ve no objection to such a proposal simply because I do not s [...]
December 26th, 2007 by financetwitter
Early study done by comScore, Inc. (Nasdaq: SCOR, stock), a leader in measuring the digital world, showed U.S. online retail sales hit a record $26.29 billion from Nov. 1 through Dec. 21, up 19% from the year-ago ($22.04 billion in 2006). Target Corp. (NYSE: TGT, stock) warned late Monday that its s [...]
December 26th, 2007 by financetwitter
Silently, Warren Buffett could be one of the investors hoping for the much talked about recession to happen sooner rather than later to the US economy. It might sounds cruel but the fact is this legendary Oracle of Omaha has been waiting for opportunities – prices fall to rock-bottom levels. He mi [...]
December 24th, 2007 by financetwitter
Christmas has been kind to Apple Inc. but definitely no Santa’s visit to Googleplex on the last remaining couple of trading hours before the happiest day of the year – Christmas 2007. Yeap, the stock markets will be close early on 24th Dec, Christmas Eve – three hours early for people to celeb [...]
December 24th, 2007 by financetwitter
Unofficial results (with 96% of the vote counted) from Sunday's general election gave pro-Thaksin People Power Party (PPP) 232 of the 480 seats in parliament, just short of the absolute majority needed to govern Thailand alone. The party, which has promised to bring former premier Thaksin Shinawatra [...]
December 22nd, 2007 by financetwitter
Obviously you should refrain yourself from thinking, let alone committing more money investing stocks related to stock-broking i.e. the stock-brokers or investment banks that are listed in the KLSE (Kuala Lumpur Stock Exchange) – at least temporarily. Stock-brokers business is primarily depend on [...]
December 21st, 2007 by financetwitter
Decided (not that I’ve other choice) to take profit today as it’s the Friday Expiration for options for the month of Dec 2007. Overall the stock markets were more positive and broad-based with Dow up by 3-digits and Nasdaq jumped more than 30-points. What a day to lock in profit. Please note tha [...]
December 21st, 2007 by financetwitter
Thursday was the trading day that saw investors / traders primarily concentrated on technology stocks. The Dow didn’t perform and only managed to up by 0.29% or 38.37 points – still it was well above the support and psychological 13,000 level. However Nasdaq was up by 1.53% or 39.85 points to 2, [...]
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