Attack on Chinese billionaire exposes growing racial divide in Malaysia
KUALA LUMPUR (March 9): A volley of insults hurled by ruling party officials in Malaysia at 94-year-old ethnic-Chinese tycoon, Robert Kuok, has exposed a racial and…
KUALA LUMPUR (March 9): A volley of insults hurled by ruling party officials in Malaysia at 94-year-old ethnic-Chinese tycoon, Robert Kuok, has exposed a racial and…
KUALA LUMPUR (March 9): Switzerland lawmakers will table a motion in Parliament next week to consider a proposal to return a portion of the frozen…
SEOUL (March 9): North Korea’s Kim Jong Un joked about his image in international media while serving South Korean officials local spirits and cold noodles during…
KUALA LUMPUR (March 9): The Federal Land Development Authority (Felda) has confirmed today that the 16 parcels of land in Jalan Semarak involved in a…
The DXY bounced modestly from pre-open lows, aided early on by a better than expected ADP employment report. The dollar index topped at 89.77 from lows of 89.53. The departure of Trump advisor Cohn stirred markets up, reulting in lower stocks and lower yields. EUR-USD slipped from 1.2424 highs to 1.2383, before settling near 1.2400. […]
The yen rallied on a safe haven bid following the resignation of Gary Cohn, the head of the National Economic Council, a hitherto key figure in Trump’s administration over what many White House watchers say is over Trump’s sudden push toward trade protectionism. The news broke after the Wall Street close yesterday, and has sent […]
The dollar majors have settled to consolidation into the ECB announcement and as market participants continue to monitor the evolution of Trump’s tariffs, which will reportedly be signed off on today, and become effective in two weeks time, but which will include temporary exceptions on Mexico and Canada (subject to how the Trump administration deems […]
KUALA LUMPUR (March 8): Top Glove Corp Bhd had today received shareholders’ consent to proceed with its proposed acquisition of surgical glove producer Aspion Sdn…
BEIJING (March 8): China’s huge Belt and Road initiative to build a new Silk Road will respect global rules and be free of “backroom deals”, the…
HONG KONG (March 8): CLSA, the offshore platform of Chinese investment bank CITIC Securities, is working on the finance for a new $10 billion airport in…
KUALA LUMPUR (March 8): The latest recognition by the International Monetary Fund (IMF) once again proves that Malaysia’s economic policies are effective and will continue…
WASHINGTON (March 8): An economist who believes that Chinese goods are literally poisoning Americans, advocates ending Washington’s “One China” policy and says trade deals have weakened…