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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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May 8th, 2007 by financetwitter
Singapore Prime Minister Lee Hsien Loong visited Internet giant Yahoo (Sunnyvale, U.S.) on Monday for a personal look at the company's new technology and the economic opportunities they offer. Mr Lee spent an hour in a closed-door meeting with Yahoo executives including co-founder Jerry Yang and chi [...]
May 7th, 2007 by financetwitter
Have you seen how Apple Inc.’s (Nasdaq: AAPL, stock) stock price climbed up today trying to breach the $102.50 resistance level first registered about a week ago after it reported yet another great earning? Well, it’s trying very hard today to convert the resistance as the new support level. And [...]
May 7th, 2007 by financetwitter
PageRank is a numeric value that represents how important a page is on the web. PageRank is Google's (Nasdaq: GOOG, stock) way of deciding a page's importance. It matters because it is one of the factors that determine a page's ranking in the search results. Being the product of Google, the giant se [...]
May 7th, 2007 by financetwitter
It was just over a week ago when Malaysian Health Minister Dr Chua Soi Lek said his ministry is concerned about the craze and increasing demand for cord blood storage. He was obviously not very happy with the brisk business of which he said the cord blood storage was a "hype". And FinanceTwitter sai [...]
May 6th, 2007 by financetwitter
Microsoft Corp. (Nasdaq: MSFT, stock) to buy Yahoo Inc. (Nasdaq: YHOO, stock) for a whopping USD$ 50 Billion – that’s the major headline on most major business newspapers, blogs, articles and forums. It was a rumor which had been circulating in the internet more than six months ago. The news is [...]
May 5th, 2007 by financetwitter
Despite a $1 yearly salary, Apple Inc.’s (Nasdaq: AAPL, stock) chief executive Steve Jobs still managed to top Forbes' list of highest paid CEOs for 2006, raking in more than $646 million through stock-based compensation - more than twice that of the next highest paid boss, reported AppleInsider.T [...]
May 4th, 2007 by financetwitter
I believe most of the blogs, websites and business news are flooded with the latest happening in Malaysia corporate and potentially the biggest buzz of the year 2007 – MAXIS Privatization. The anxiety over the stock price of Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) when it opened [...]
May 3rd, 2007 by financetwitter
The offer price is out – its’ RM 15.60 per share for all the minority shareholders to part-off with their baby Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) to Ananda Krishnan. The offer price represents a 20 percent premium to the last-traded Maxis share price of 13 ringgit and val [...]
May 3rd, 2007 by financetwitter
Mark the time – it’ll be another 1 and a half hour from now – at exactly 1:30pm Malaysia Time (0530 GMT), Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) will reveal the bid-price for all existing shareholders in a plan to take the Maxis private.CIMB Bank (Commerce International Mer [...]
May 2nd, 2007 by financetwitter
The Estee Lauder Companies Inc. (NYSE: EL, stock) is set to announce it’s earning on Thursday, May-3-2007, before market open. The Estee Lauder Companies Inc. is a manufacturer and marketer of skincare, makeup, fragrance and hair care products. The Company's products are sold in over 130 countries [...]
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