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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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January 6th, 2023 by financetwitter
Khairy Jamaluddin, former Science, Technology, Innovation Minister publicly announced in February 2021 that the backdoor government of Muhyiddin Yassin will ensure that "not a single dose" of Covid-19 vaccine is wasted once the national immunisation programme kicked off at the end of the month. The [...]
January 5th, 2023 by financetwitter
Prime Minister Anwar Ibrahim said Malaysia won't discriminate against travellers or tourists from any particular country, even though his new unity government is prioritizing health over tourism and economy. He announced the immigration checkpoints will be tightened to screen arrivals from places wi [...]
January 3rd, 2023 by financetwitter
After the 2018 General Election, which saw the stunning defeat of the ruling Barisan Nasional after 61 years of one-party rule, the political landscape has changed. For the first time since Malaysia declared Independence in 1957, the people finally realized that the ruling government led by the Unit [...]
December 30th, 2022 by financetwitter
Muhyiddin Yassin has been extremely silent - even worried - since the first sitting of the 15th Parliament beginning December 19. The former backdoor prime minister obviously has a bigger problem than trying to seize power through yet another political coup. He knew the 10th Prime Minister of Malays [...]
December 29th, 2022 by financetwitter
China's sudden reversal of its "Zero-Covid" policy has taken the world by storm. After micromanaging the Coronavirus pandemic for nearly 3 years, what actually caused the leadership of Xi Jinping to abandon the policy once hailed as proof of Beijing's competency in containing the virus? Some said th [...]
December 27th, 2022 by financetwitter
Supply chain shortages and the rising cost of doing business, as well as drought and interest rate hikes are some of the factors that contributed to food crisis this year. But if you think food shortages and high prices will magically disappear next year, think again. American farmers believe 2023 c [...]
December 26th, 2022 by financetwitter
Many had never imagined Anwar Ibrahim would finally become the 10th Prime Minister of Malaysia last month. After all, he had been PM-in-waiting for 24 years - since 1998 when he was stunningly sacked by then-PM Mahathir Mohamad. In total, Anwar was persecuted with three prison sentences and 11 years [...]
December 24th, 2022 by financetwitter
Rosmah Mansor raised eyebrows when she made a high profile visit to the UMNO headquarters on Dec 8, 2022. She pretended by asking not to be photographed, despite knowing very well reporters were on site as UMNO president Ahmad Zahid Hamidi was about to chair an explosive Supreme Council meeting, whi [...]
December 22nd, 2022 by financetwitter
Fox News host Tucker Carlson is known for blaming the clueless and incompetent President Joe Biden for the Ukraine War, which contributes to the energy crisis and inflation. When Nord Stream pipelines were stunningly blown up in September this year, Carlson did not need scientific analysis to conclu [...]
December 21st, 2022 by financetwitter
More than 60 flood victims in Kelantan reportedly have resorted to boiling flood waters for drinking as clean water supply was totally crippled in the state located in the east-cost of Peninsular Malaysia. Even then, the definition of clean water in the village is an interesting subject. The state h [...]
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