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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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Comparing Premier League teams is not always as simple as checking their position in the table.
Two clubs can sit next to each other in the standings while having very different strengths, weaknesses, and styles of play. One may rely on a strong defence and narrow victories, while another may sc
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From accusing Democratic Action Party (DAP) of seeking to eliminate the Malays and Islam to defending the United Malays National Organization’s (UMNO) corruption and Ponzi scheme in the Tabung Haji’s scandal, Abdul Hadi Awang has again weaponized race and religion as political tools. The goal r
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Depending on who you ask, Pinduoduo could be a dangerous threat to traditional retail and small businesses, or a godsend app to consumers struggling with high cost of living. The massive e-commerce platform known for ultra-low prices through group-buying has taken the world by storm. It offers incr
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The U.S.-Iran conflict has evolved into a “game of chicken” in the Strait of Hormuz, with each side betting that the other will blink first and make concessions. For Tehran, threatening maritime traffic in the strait provides the only leverage over the global economy and a means of pressur
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Perak DAP has unanimously decided to remain in the unity government led by Prime Minister Anwar Ibrahim. That’s not surprising considering that the chief of the Perak Democratic Action Party (DAP) is Nga Kor Ming, who is also the powerful Minister of Housing and Local Government. To resign wou
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Troubling security information reached the upper tier of Trump’s team on July 7, the first day of the NATO summit. Hosted by Turkey for the second time in history, the 36th NATO summit in Ankara (July 7 – 8) came at a critical moment. As President Donald Trump’s motorcade rushed through Turke
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In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange (TRX) land for RM188.5 million, when an
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A week ago, Donald Trump said he was calling off the biggest military attack since World War II because a deal to end the Iran War was imminent. When there was no deal, as the world had already anticipated, he changed his story. Now, he’s signalling the U.S. is in no rush to resolve the conflict,
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Anwar Ibrahim is the best prime minister money can buy, his hardcore supporters claimed. He is also Malaysia's most popular political leader, according to a Merdeka Center survey recently. Even if the 10th Prime Minister is a fake reformist, serial liar, hypocrite, traitor, untrustworthy, anti-Chin
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May 18th, 2022 by financetwitter
Joe Biden hosted ASEAN leaders in Washington last week for a special summit to commemorate 45 years of US-ASEAN ties. The Association of Southeast Asian Nations, founded in August 1967 and consisting of 10 nations, is an important political and economic union in the region as it covers a population [...]
May 16th, 2022 by financetwitter
America is facing crises. The land of freedom just saw a "racially motivated" mass shooting at Buffalo supermarket, where a white man went on a shooting spree against the black people. The American Dream also saw how more than US$7 trillion in market value of the blue chip stocks in the S&P 50 [...]
May 14th, 2022 by financetwitter
Crude oil hit more than US$130 a barrel after Russia launched its so-called special military operation in Ukraine. But crude oil was not the only commodity which skyrockets after the invasion. Sunflower oil, the world's third most traded vegetable oil after palm and soybean oil, also hit the roof. W [...]
May 11th, 2022 by financetwitter
As expected, Bank Negara Malaysia (Central Bank of Malaysia) has finally raised its benchmark interest rate by 25 basis points today (May 11). With the increase, the first since the rate reached a record low of 1.75% in July 2020, the effective OPR (overnight policy rate) is now 2.00%. However, at t [...]
May 10th, 2022 by financetwitter
Federal Reserve Chairman Jerome Powell, speaking during a news conference on May 4 to raise interest rate by 50 basis points, has signalled that the Fed could continue to approve increases of half a percentage point. Investors, however, spooked by earlier speculations that the rate could be up to 75 [...]
May 8th, 2022 by financetwitter
Mahathir Mohamad can't retire peacefully and chances are the 96-year-old man will leave the world a very frustrated man, despite having been blessed with a very long life. It's already bad that his son, Mukhriz Mahathir, may not become a prime minister. It becomes worse when more and more crooks lin [...]
May 7th, 2022 by financetwitter
We are currently living in the ‘tech age.’ Nearly everything that we do relies on the technology of some kind. Most people wouldn’t be able to live without it. When we relax we use our phones and watch television; when we work we use computers. The digital era has given people the opportunity [...]
May 6th, 2022 by financetwitter
China has a huge problem - US$3.2 trillion foreign exchange reserve - the world's largest reserves. In comparison, Japan, the country with the second largest foreign reserves, has only US$1.4 trillion (as of Feb 2022). China's foreign assets included more than US$1 trillion in U.S. bonds and huge am [...]
May 4th, 2022 by financetwitter
Less than a month after a U.S. jury convicted former Goldman Sachs banker Roger Ng of corruption charges related to his role in helping plunder billions of dollars from Malaysia’s 1MDB development fund, a French judge has charged the defence group Thales with complicity in bribery over a 2002 sale [...]
May 2nd, 2022 by financetwitter
Scott Morrison has again attacked China on Saturday (April 30), accusing the Chinese government of interfering in foreign politics. Like the sore loser Hillary Clinton, who had accused Russia of interfering with the 2016 U.S. election, resulting in the stunning victory of Donald Trump, the Morrison [...]
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