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Unemployment rate plunged to 2.9% in November 2025, reaching its lowest level in 11 years. Prime Minister Anwar Ibrahim quickly claimed the credit in January 2026, attributing the milestone to his Madani Government’s so-called economic reforms. Today, with Johor state election at high gear, Deput
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Ever wonder why Najib Razak’s lawyer - Muhammad Shafee Abdullah – has suddenly gone silent over a royal pardon and house arrest? Shafee, who had whined, cried, and bitched till foaming at the mouth about the government’s obstruction of a purported "addendum order" by the previous King allowin
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While Malaysia's multi-coalition Unity Government remains intact at the federal level, the United Malays National Organization (UMNO), a governing partner, is waging selective wars in its strongholds that are threatening to expose the fragility and weakness of Prime Minister Anwar Ibrahim’s admin
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You don’t actually have to win your match to reach the knockout stage at the FIFA World Cup. At a time when Asian soccer giant South Korea failed to make it, a tiny island with the same population as Maldives but few people knew existed stunningly made it through – without winning a single matc
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UMNO-led Barisan Nasional (BN) may have miscalculated when Johor Chief Minister Onn Hafiz Ghazi arrogantly declared war on Pakatan Harapan (PH). Not only he announced that BN will “go solo”, will contest all 56 seats in the next Johor state election, and will leave no space for cooperation or n
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On May 1, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) – under Executive Order (E.O.) 13902 - designated three Iranian foreign currency exchange houses and their associated front companies as part of Economic Fury and Treasury’s ongoing efforts to disrup
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One of the easiest gimmicks to scam voters to win elections is to create problems and then pretend to solve them, and voila, people would burst into tears in appreciation and gratitude. Taking away something before giving it back has been one of the oldest tricks used by many parents to handle misb
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What goes around comes around - meaning your actions, whether good or bad, will eventually have consequences that return to you. When politicians from Bersatu, Barisan Nasional, PAS, and a splinter faction of PKR met at the Sheraton Hotel on February 23, 2020, all eyes were on Muhyiddin Yassin and
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Among the 40 DAP Members of Parliament, Hannah Yeoh arguably is the most rewarded lawmaker. Not only Asia Mobility Technologies Sdn Bhd, owned by her husband, was awarded the Selangor's Demand-Responsive Transit (DRT) controversial billion-ringgit project, but she also received a promotion as the F
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President Donald Trump has said a deal to end fighting between the U.S. and Iran is scheduled to be signed on Sunday (June 14), despite Iran casting doubt on the timing. On Saturday, Pakistan, a key mediator, also said the deal was "likely expected" to be finalized within 24 hours and they were "pr
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September 17th, 2007 by financetwitter
It was a rare sight though it happened before but those were during the recession period. Sometimes you watched it during some television dramas but in actual fact it’s a rare occasion. What I’m talking about is the panicky depositors showed up in drove to withdraw their savings from financial i [...]
September 17th, 2007 by financetwitter
By far you’ve heard and read why everyone was and is still chanting for the Fed to cut its key rate from the current 5.25% to 5% or even 4.75%, if Bernanke is serious in wanting to make the investors “happy”. The investors are threatening (sort of) to boycott the stock markets by not participa [...]
September 16th, 2007 by financetwitter
Next week will be an interesting week, especially with the FOMC meeting on Tuesday, 18th Sept 2007. Given the damage done and the meltdown in subprime lending, the expectation is extremely high from investors for Fed to cut interest rate.to help support the U.S. economic growth, which has indirect e [...]
September 14th, 2007 by financetwitter
I was driving when I received a SMS from a number unknown to me; the content was quite lengthy so I just left it as it is. Upon reaching my destination I reached for my mobile to have a serious look and there it was a message to watch tonight’s “show” at 10:30pm (Malaysia time) on Astro Channe [...]
September 14th, 2007 by financetwitter
Human nature has it that once something is given it’s hard to take it back later. So, when the Malaysian government tried to win the hearts of millions of voters by way of subsidies little did the leader realize one day the same tactic will backfires. It was argued that the subsidies were necessar [...]
September 13th, 2007 by financetwitter
The Labor Department reported claims for unemployment benefits rose by 4,000 last week to 319,000, the sixth increase in seven weeks, but less than the 325,000 claims analysts expected. As of writing, the Dow rose 155 points (12:22pm EST) to 13,446 while the Standard & Poor's 500 index rose 14.4 [...]
September 13th, 2007 by financetwitter
Former Malaysia premier Mahathir once urged the Islamic countries to control their own destiny and at the same time show the true color of Muslim’s power to the western countries, particularly United States. The silver bullet was of course the huge reserve of oil which coincidently happens to be s [...]
September 12th, 2007 by financetwitter
CNN reported that at least three people are dead in Sumatra as a result of an 8.4-magnitude earthquake that shook buildings across Indonesia and sparked widespread panic earlier today. A small tsunami was detected in Padang, on Sumatra - several hundred miles northeast of the epicenter, measured abo [...]
September 12th, 2007 by financetwitter
The old unsolved problems pop-up again, and this time Germany's Volkswagen (FRA: VOW) was reportedly wants to take 20% stake initially in Malaysian loss-making car-maker Proton Holdings Bhd (KLSE: PROTON, stock-code 5304). Volkswagen also wants to be able to raise its share to majority stake of 50% [...]
September 12th, 2007 by financetwitter
Traders had been hoping the Fed chairman, Bernanke, would give some indications during his speech to the Bundesbank, the German central bank, yesterday about the Fed’s next move. Not only Bernanke avoided the topic of interest rate, he instead talked about something else – the need for countries [...]
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