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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 8th, 2007 by financetwitter
The New 7 Wonders of the World has been announced during the Official Declaration ceremony in Lisbon, Portugal on Saturday, July 7, 2007 – 07.07.07. And I think this round of winners make more sense as they represent the great past history of mankinds. The Great Wall of China, Rome’s Colosseum, [...]
July 7th, 2007 by financetwitter
The time is here and if the following report makes it through, you can make nice money trading option or investing stocks. Stocks could rise next week if the first round of quarterly earnings yield could injects optimism about results for the period. Alcoa Inc., the world's largest aluminum company, [...]
July 6th, 2007 by financetwitter
Are you surprise with the departure announcement of Maxis Communications Bhd group CEO, Datuk Jamaludin Ibrahim, by the end of July 2007? I’m not, and the reason which I think contribute to the quit-letter is strongly related to the privatization. He will nevertheless continue to serve on the boar [...]
July 5th, 2007 by financetwitter
This is awesome, a check on the iPhone availability at local Apple Store today shows ALL iPhones are sold-out except at Pittsburgh, Shadyside, Pennsylvania. The highly popular iPhones could be snapped out during yesterday’s Independence Day’s holiday, talk about timing of the launching. So you j [...]
July 5th, 2007 by financetwitter
How can you be a millionaire on the web? There’re thousands of ways but it's sure by owning the relevant domain name and a bit of luck, at least that’s what Michael Kovatch will tells you. AppleInsider who picked Jay Westerdal as reported that the deal could cost Apple Inc. (Nasdaq: AAPL, stock) [...]
July 5th, 2007 by financetwitter
Since FinanceTwitter started early Oct-2006, the blog has grown on a modest pace and thanks to the loyal readers, today marks the day when the pageload or pageview breached the 100,000 figure. It’s a small figure compares to other A-list bloggers out there but nevertheless I’m proud of the achie [...]
July 4th, 2007 by financetwitter
Today marks the Independence Day for the people of United States of America. And to celebrate the big day (coincidence or not), Hilton Hotels Corp. has agreed to an all-cash buyout from The Blackstone Group LP in a $20.1 billion deal that would instantly make Blackstone the world's largest hotel own [...]
July 3rd, 2007 by financetwitter
Finally after two-days of non-reaction despite the good sales figure from the iPhones, Apple Inc. (Nasdaq: AAPL, stock) decided to flex its muscle to show what it can do to defy gravity. I’ve done some questionnaires to collect feedback from people on the ground what they thought about iPhone. It� [...]
July 3rd, 2007 by financetwitter
The recent accounting irregularities could be the climax (or more to come?) as far as Malaysian corporate and stock market scandals are concern, at least within the tenure of Prime Minister Badawi. The crisis definitely has put the country in the global map, for the wrong reason obviously. So when B [...]
July 2nd, 2007 by financetwitter
Since Apple Inc.’s (Nasdaq: AAPL, stock) iPhones launch on 29th June, everyone particularly stock investors are trying to estimate the number of the units sold as to gauge the successfulness of the revolutionary gadget. FinanceTwitter rough estimate was that APPLE iPhone Sales Top US$100 Million o [...]
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