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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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November 3rd, 2007 by financetwitter
The wind of general election is blowing. And it’s blowing real fast and strong, so much so that I overheard not once, twice but thrice conversations about it from the next table when I was having a glass of “Teh Tarik kurang manis” (pulled tea minus condensed milk) with my buddies within this [...]
November 2nd, 2007 by financetwitter
Wow! For investors who are keen to trade the U.S. stocks or options but not sure how to do it, fret not. There’s good news for you thanks to the aggressive issuer OSK Investment Bank. OSK Investment Bank has been fighting heads on with CIMB in the call warrants market lately. Both are willing to l [...]
November 2nd, 2007 by financetwitter
Japan's benchmark stock index, Nikkei 225, plunged more than 300 points and Hong Kong blue chip Hang Seng Index was down 710.62 points in early trading. Malaysian KLCI dropped below its crucial and glory level of 1,400 marks by 15 points to the 1,394 level. Blame it on Wall Street which pulled the D [...]
November 1st, 2007 by financetwitter
Guess it’s true what a MP (member of parliament) said today. The MP, Zaid Ibrahim, who is a member of the ruling party, UMNO, is perhaps the only one from the government who dare to go against the odds on the ridiculous happenings to the nation’s judiciary. He can choose to sit and watch quietly [...]
November 1st, 2007 by financetwitter
Halloween is over but there’re still Thanksgiving and Santa Clause to greet you before the curtain is pull down for the year. This period is also the happiest for the kids as they’re looking forward to the long holidays, gifts and whatever their wish-lists drafted. Traditionally stocks investors [...]
November 1st, 2007 by financetwitter
As expected the Federal Reserve executed the second rate reduction by one-quarter percentage point or 25 basis points to 4.50 percent on Wednesday. Ben Bernanke has cut 50 basis points from 5.25% to 4.75% earlier in September. The 9-1 decision to cut rates on Wednesday was opposed by Thomas Hoenig, [...]
October 31st, 2007 by financetwitter
Investors or traders who believe in Google have every reason not only to smile but laughing all the way to the bank. Since the Mountain View-based company reported a set of good earnings less than 2 weeks ago, it breached the $650 level and never looks back. And to think that the internet search eng [...]
October 31st, 2007 by financetwitter
Whenever the Fed speaks, everyone stop trading and listen. Stocks markets will normally go to silent from busy mode, at least relatively. After the announcement, everybody will either scramble to buy or sell. That’s where the excitement is and it’ll be more exciting if the people freak out to th [...]
October 31st, 2007 by financetwitter
For a very long time, foreign investors were fed with the limited choice of TMT whenever stocks investing are concerned in Malaysia. The abbreviation of TMT means Telekom, Maybank and Tenaga. The best of practice for foreign fund managers then was you must invest in these three heavyweight stocks si [...]
October 31st, 2007 by financetwitter
When is the happiest time in an investor’s (or punter) life? When his / her stocks or options in the profitable territory of course. If you invest in equity markets such as Malaysia or Singapore stock markets, you can only celebrate when the stocks go up. On the other hand if you trade the more ma [...]
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