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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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February 9th, 2023 by financetwitter
Besides home, school is the most important place to fight - or breed - racism, extremism, gangsterism and discrimination because children and youths are most vulnerable and could be easily influenced here. A school is where students receive an education, hence how they are being nurtured and shaped [...]
February 7th, 2023 by financetwitter
Since Anwar Ibrahim-led unity government took over on Nov 24, 2022, there have been visible improvements to Malaysia's economy. At least, it has stopped deteriorating at the speed seen during previous backdoor regimes of Muhyiddin Yassin and Ismail Sabri. PM Anwar's first 2-month saw local currency [...]
February 5th, 2023 by financetwitter
After failing to form a government, as well as several half-baked political coups similar to 2020's "Sheraton Move" that had gone awry, opposition Perikatan Nasional chairman Muhyiddin Yassin's attention now shifts to the upcoming UMNO party election. By hook or by crook, he has to control two-third [...]
February 3rd, 2023 by financetwitter
For as long as one can remember, the United States has been sending surveillance planes to spy on China. In the past, the Chinese were powerless against the mighty U.S. Air Force. As China's military technology improves tremendously, it becomes increasingly harder for the U.S. spy planes to violate, [...]
February 2nd, 2023 by financetwitter
Bersatu has pre-emptively published its account statement after rumours spread that the political party's account has been frozen. When the Malaysian Anti-Corruption Commission (MACC) finally confirmed that Bersatu's (PPBM) accounts were indeed frozen over money-laundering investigation on Feb 1, 20 [...]
February 1st, 2023 by financetwitter
Personal finance techniques go through trends, just as science, fashion, and language do. But maybe the truest test of whether a financial technique is worthwhile is how long it has been in use by large numbers of people. In decades past, people used envelopes with cash in each one and marked them a [...]
January 31st, 2023 by financetwitter
Nurul Izzah Anwar, the 42-year-old eldest daughter of Malaysian Prime Minister Anwar Ibrahim, has triggered public uproar after she revealed his appointment as Senior Advisor to the 10th Prime Minister on Economics and Finance effective January 3, 2023. Knowing the sensitivity of his new job, she qu [...]
January 29th, 2023 by financetwitter
Zahid Hamidi would have become a great surgeon had he not joined politics. With great precision, the president of the United Malays National Organization (UMNO) boldly and decisively removed two biggest cancer cells from the party - Khairy Jamaluddin and Hishammuddin Hussein. The decision on Frida [...]
January 28th, 2023 by financetwitter
There are many reasons stock trading may appeal to you as a career path. Perhaps you enjoy the fast-paced environment of the financial industry. Or maybe you love risks and the thrill of seeing them pay off excites you. Regardless of why you are interested in the industry, there are some definite wa [...]
January 27th, 2023 by financetwitter
Last year (2022), more than 20,000 HDB flats were completed - the highest number in the last 5 years. It was a 50% increase as compared to 2021, meaning even during the Covid-19 pandemic, HDB managed to build 10,000 affordable homes. The Singapore’s Housing and Development Board (HDB) is targeting [...]
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