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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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August 19th, 2023 by financetwitter
In the ever-evolving landscape of online brokerage services, AMarkets is forging its path to triumph in the Asian market. Its achievements are a testament to its commitment: improved trading conditions for indices, speedy withdrawals, high leverage, and a flourishing community of AMarkets traders in [...]
August 18th, 2023 by financetwitter
Military analysts aren't sure the real purpose of what appears to be a new airstrip on one of the islands China controls in the highly contested South China Sea. The runway, which saw its construction in just a few weeks since the last satellite images were captured, is about 600 metres (2,000 feet) [...]
August 15th, 2023 by financetwitter
Anwar Ibrahim had been whining, moaning and bitching about the importance of good governance, political stability, economic growth, trustworthy leadership, anti-corruption and whatnot during his political rally in the just concluded six state elections. He spent most of his time in the rural Malay-m [...]
August 12th, 2023 by financetwitter
If Selangor falls, it means the majority of the Malay community wanted a Taliban state. If Penang falls, it means the ethnic Chinese in the state deserved to be oppressed and bullied by the radical and extremist Perikatan Nasional for not going out to vote. If Negeri Sembilan falls, it means extremi [...]
August 9th, 2023 by financetwitter
Muhyiddin Yassin's disgraced son-in-law, Muhammad Adlan Berhan, appears to have fled the country in May. Instead of condemning the act, or at least pretend to ask his son-in-law to come back to prove his innocence in court, former backdoor Prime Minister Muhyiddin has instead issued a "no comment" s [...]
August 7th, 2023 by financetwitter
What were America and its allies doing thousands of miles away from home? It's funny that China was being called a bully for defending its territories, but the West was merely conducting freedom of navigations in the backyard of China - South China Sea. The best part was when China and Russia sailed [...]
August 4th, 2023 by financetwitter
Dominic Lau Hoe Chai might be the most clueless and incompetent president of Parti Gerakan Rakyat Malaysia. Still, as the president of Gerakan, a component party of the Opposition Perikatan Nasional coalition, he should at least be accorded some respect. To shoo him away from a campaign rally by his [...]
July 31st, 2023 by financetwitter
Anwar Ibrahim has been telling everyone in the current six states election campaign about his success in getting electric vehicle company Tesla to set up its headquarters in Selangor, Malaysia. Of course, he did not bluff or lie, and there's a reason why the prime minister was incredibly proud of hi [...]
July 27th, 2023 by financetwitter
Saravanan Murugan, the Member of Parliament for Tapah since 2008, was appointed as the Secretary in MIC Federal Territory by former MIC president Samy Vellu in 1997. He had also served as deputy ministers under Abdullah Badawi and Najib Razak administrations. It was not until 2020 that he was made a [...]
July 22nd, 2023 by financetwitter
Accounting for more than 40% of the global rice trade, as well as the second-largest producer after China, India's latest decision to ban the exports of non-basmati white rice with immediate effect (July 20) could trigger further inflation on global food markets. The move comes amid concerns that th [...]
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