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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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July 16th, 2007 by financetwitter
If you’ve been reading FinanceTwitter blog for the last couple of months, you would notice that I’ve been trading just a handful of stocks, preferring the option, repeatedly again and again. To some of you it’s rather boring but to others, it could be quite easy and no-brainer. There’re part [...]
July 16th, 2007 by financetwitter
Health-care is probably one of the most-ignored sectors when one talks about stocks investing, particularly in developing countries, including Malaysia. If you care to spend a couple of minutes looking at health-care, hospitalization or drugs-related stocks in developed countries such as U.S. or Bri [...]
July 14th, 2007 by financetwitter
Chua Ma Yu was in the limelight again after his company CMY Capital (L) Ltd reportedly will pay RM1.168bil cash to acquire a 14.02% stake in Star Cruises Ltd from Resorts World (KLSE: RESORTS, stock-code 4715). Resorts World’s wholly owned subsidiary, Resorts World Ltd (RWL), had accepted the offe [...]
July 13th, 2007 by financetwitter
Proton Holdings Bhd (KLSE: PROTON, stock-code 5304) today inked an agreement with China's Jinhua Youngman Automobile Manufacturing Co Ltd to sell 30,000 units of its GEN.2 for a period of 20 months, rebranded the Europestar, in China. It was reported that Youngman will eventually develop a new range [...]
July 12th, 2007 by financetwitter
In following up with the Malaysia’s Enron case, the Securities Commission has finally charged three key executives of Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) namely the founder and former CEO Gan Boon Aun, 46, together with ex-chief financial officer (CFO) Lo Chok Ping, 38, and ex- [...]
July 12th, 2007 by financetwitter
If I read it right as reported by BusinessTimes, after the failure in securing Malaysian financial institutions in the form of banks (which is a rare commodity), super cash-rich Middle-East giants are set to buy whatever company that makes money in the world, including Southeast Asia at this moment. [...]
July 11th, 2007 by financetwitter
Could there be a U-Turn on the super-casino planned earlier by former British Prime Minister Tony Blair who had originally envisioned over 20 Las Vegas-style casinos, but that number was cut back to eight, and then finally just one?It seems British Prime Minister Gordon Brown backed away from UK pla [...]
July 10th, 2007 by financetwitter
Could Apple Inc. (Nasdaq: AAPL, stock) be gearing for the release of second generation lower-cost iPhone based on the popular iPod nano? At least JP Morgan believes so, and it’s sooner than you can guess – possibly fourth quarter of 2007. Kevin Chang, a JP Morgan analyst based in Taiwan, cited p [...]
July 10th, 2007 by financetwitter
Report from BusinessTimes called it a milestone against investment scams when it quoted the Malaysian Securities Commission has obtained a worldwide Mareva injunction against persons involved in the Swisscash investment scam preventing them from disposing of assets in and outside Malaysia. The SC al [...]
July 9th, 2007 by financetwitter
Healthcare products, toiletries and dietary supplements manufacturer Chattem, Inc. (Chattem) (Nasdaq: CHTT, stock) is set to announce its’ earning tomorrow, July 10th, 2007, before market open. The Company's products target niche market segments and are among the market leaders in their respective [...]
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