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I have stated my views honestly, guided by my conscience and with the best interests of the nation in mind – says Hannah Yeoh. About a week later, the Federal Territories Minister, who is also a critical member of the Pardons Board, denied ever signing a house arrest order for former Prime Minister Najib Razak. But a few hours after Yeoh’s denial, Najib’s house arrest...

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 funds rate to 3.75% to 4%, where policy makers voted 12-0 in favo...

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 heading to 4.75%. Now even that level has been breached, investors ha...

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 partial royal pardon in January 2024 that halved his jail term and reduce...

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 destroyed four Iranian tankers in the Gulf of Oman and one near Kharg Isl...