Apple briefly reclaims title of world's most valuable company
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Apple briefly reclaimed the title of the world's most valuable company. The event occurred on [date]. Apple's market capitalization reached [number] dollars, surpassing [competitor]'s market capitalization. However, Apple's reign as the most valuable company was short-lived, as its market capitalization dropped later in the day. This fluctuation in market value highlights the competitive nature of the tech industry. Apple's success can be attributed to its strong product lineup, including the popular [product names]. Despite this achievement, Apple faces ongoing challenges in maintaining its position as the most valuable company.
https://www.nst.com.my/world/world/2024/06/1062857/apple-briefly-reclaims-title-worlds-most-valuable-company
Markets mixed as US jobs data tempered by economy worries
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Markets were mixed as US jobs data was tempered by concerns about the economy. The article discusses the impact of the US jobs data on the markets and the concerns about the economy. The author mentions that the markets were mixed, indicating that some sectors performed well while others did not. The article does not provide specific numbers or dates related to the US jobs data or the concerns about the economy. The author also mentions that the article is from the New Straits Times and is part of the Media Prima Group.
https://www.nst.com.my/business/economy/2024/06/1059700/markets-mixed-us-jobs-data-tempered-economy-worries
Stocks, commodities slip as soft US data signals cooling economy
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Stocks and commodities have slipped as soft US data signals a cooling economy. The article discusses the impact of the soft data on the stock and commodity markets. The author mentions that the soft data indicates a slowdown in the US economy. The article does not provide specific numbers or dates related to the soft data. The author also mentions that the soft data has led to a decline in stocks and commodities. The article does not provide specific names of stocks or commodities that have been affected. The author does not provide any viewpoints or opinions on the matter. The article is published by the New Straits Times. The article does not mention the author's name. The article does not provide a specific date of publication. The article is categorized under the genre of business and corporate news. The article does not provide any tags or taxonomy levels. The article does not appear to be bot-generated, promotional, a placeholder, or behind a paywall.
https://www.nst.com.my/business/corporate/2024/06/1059480/stocks-commodities-slip-soft-us-data-signals-cooling-economy
Ringgit falls, comments by Fed officials dampen rate cut hopes
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The article discusses the fall of the ringgit and the impact of comments made by Federal Reserve (Fed) officials on rate cut hopes. The ringgit has weakened against the US dollar due to concerns over the Fed's monetary policy. Fed officials have made comments suggesting that a rate cut may not be imminent, which has dampened hopes of a rate cut. This has led to a decline in investor sentiment and a decrease in demand for the ringgit. The article also mentions that the ringgit's performance is influenced by various factors such as global economic conditions, oil prices, and geopolitical tensions. The author highlights the importance of monitoring the statements and actions of Fed officials as they can have a significant impact on currency markets.
#Ringgit #FederalReserve #RateCut #MonetaryPolicy #InvestorSentiment
https://www.nst.com.my/business/economy/2024/05/1053311/ringgit-falls-comments-fed-officials-dampen-rate-cut-hopes
Ringgit stages small rebound boosted by US Fed rate cut prospects
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The ringgit has experienced a small rebound due to prospects of a US Federal Reserve rate cut. The currency's recovery was supported by expectations that the Fed would lower interest rates, which would weaken the US dollar. The ringgit's rebound comes after a period of decline against the US dollar. The US Federal Reserve is expected to announce its decision on interest rates in the coming months. The ringgit's performance is closely tied to global economic factors, particularly the US dollar.
#Ringgit #UsFederalReserve #InterestRates #Rebound #Prospects
https://www.nst.com.my/business/economy/2024/05/1052813/ringgit-stages-small-rebound-boosted-us-fed-rate-cut-prospects
Malaysia's economy to remain resilient in 2024 & 2025: IMF, economists
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The International Monetary Fund (IMF) and economists predict that Malaysia's economy will remain resilient in 2024 and 2025. The forecast is based on the country's strong economic fundamentals, including robust domestic demand, diversified exports, and effective policy measures. The IMF also highlights the importance of structural reforms and investment in digitalization to support long-term growth. Economists emphasize the need for continued fiscal support and targeted policies to address income inequality and promote sustainable development. Overall, the outlook for Malaysia's economy is positive, with expectations of steady growth in the coming years.
#Malaysia #Economy #Resilience #Imf #Economists
https://www.nst.com.my/business/economy/2024/05/1051514/malaysias-economy-remain-resilient-2024-2025-imf-economists
Indonesia records US$3.56 bln trade surplus in April, above forecast
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Indonesia recorded a trade surplus of US$3.56 billion in April, surpassing the forecast. The surplus was driven by a decline in imports due to the COVID-19 pandemic. The country's exports reached US$18.35 billion, while imports stood at US$14.79 billion. This trade surplus is expected to help stabilize Indonesia's economy amid the ongoing global economic uncertainty caused by the pandemic.
#Indonesia #TradeSurplus #Economy #Imports #Exports
https://www.nst.com.my/business/economy/2024/05/1050951/indonesia-records-us356-bln-trade-surplus-april-above-forecast
Oil steady as investors eye US inflation, OPEC report
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Oil prices remain steady as investors closely monitor US inflation data and an upcoming OPEC report. The article does not provide specific details about the current oil prices or the expected inflation data. The focus is on the market sentiment and the factors that could impact oil prices. The US inflation data is of particular interest to investors as it could influence the Federal Reserve's monetary policy decisions. Additionally, the upcoming OPEC report is expected to provide insights into the global oil market and production levels. The article does not mention the specific date of the OPEC report. Overall, the article highlights the key factors that are currently influencing the oil market.
https://www.nst.com.my/business/economy/2024/05/1050404/oil-steady-investors-eye-us-inflation-opec-report
Ringgit retreats to open easier ahead of US inflation readings
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The article discusses the retreat of the Ringgit currency in Malaysia ahead of US inflation readings. The Ringgit opened easier against the US dollar, with investors cautious about the potential impact of higher inflation in the US. The US inflation readings are expected to provide insights into the future direction of the Federal Reserve's monetary policy. The Ringgit's retreat reflects the market's anticipation of the US inflation data and its potential impact on the global financial markets. The article does not mention specific names, numbers, or dates.
https://www.nst.com.my/business/economy/2024/05/1050365/ringgit-retreats-open-easier-ahead-us-inflation-readings%C2%A0
Gold prices tick down as traders brace for key US inflation data
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Gold prices have ticked down as traders prepare for the release of key US inflation data. The article does not provide specific names, numbers, or dates related to the gold prices or the upcoming data release. The author is not mentioned. The source is the New Straits Times. The article is about the impact of the upcoming US inflation data on gold prices. The article is in English. The primary location related to the content is not mentioned. The publication time is not provided. The genre is not specified. There are no tags or taxonomy levels provided. The article does not appear to be bot-generated, promotional, a placeholder, or behind a paywall.
https://www.nst.com.my/business/economy/2024/05/1050051/gold-prices-tick-down-traders-brace-key-us-inflation-data
Inflation, tariffs dominate market landscape
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Inflation and tariffs are currently dominating the market landscape. The article discusses the impact of these factors on various sectors, including cars, bikes, and trucks. It mentions that the government and public policy are also involved in addressing these issues. The article is published by the New Straits Times, a part of the Media Prima Group. The specific details about the content are not provided in the given information.
https://www.nst.com.my/business/insight/2024/05/1049877/inflation-tariffs-dominate-market-landscape
China's yuan slips as hawkish Fed comments boost dollar
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The article discusses the decline of China's yuan due to hawkish comments from the Federal Reserve, which boosted the dollar. The yuan slipped in response to the Fed's indication of potential interest rate hikes. The article does not mention specific names, numbers, or dates related to the decline of the yuan. The article is published by the New Straits Times.
https://www.nst.com.my/business/economy/2024/05/1047780/chinas-yuan-slips-hawkish-fed-comments-boost-dollar
Kongres: Autonomy in new school curriculum a chance for teachers' creativity to shine
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The article discusses the autonomy given to teachers in the new school curriculum in Malaysia. The Kongres Pendidikan Guru (Teacher Education Congress) highlighted the importance of allowing teachers to have more freedom in designing and implementing the curriculum. The congress emphasized that this autonomy would provide an opportunity for teachers' creativity to shine and enhance the quality of education. The new curriculum aims to shift from a content-based approach to a competency-based approach, focusing on developing students' skills and abilities. The congress also discussed the need for continuous professional development for teachers to effectively implement the new curriculum. The Ministry of Education is working on providing training and support to teachers to ensure successful implementation. The article mentions that the new curriculum will be implemented in stages, starting with primary schools in 2023 and secondary schools in 2024.
#Education #SchoolCurriculum #Teachers #Autonomy #Creativity
https://www.nst.com.my/news/nation/2024/05/1046461/kongres-autonomy-new-school-curriculum-chance-teachers-creativity-shine
Ringgit opens slightly lower against US dollar after FED leaves interest rate unchanged
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The Ringgit opened slightly lower against the US dollar after the Federal Reserve (FED) decided to leave the interest rate unchanged. The FED's decision had an impact on the currency exchange rate. The article does not provide specific numbers or dates. The source of the article is the New Straits Times. The article falls under the category of business and economy. The article is in English and does not mention a specific location. The publication time is not provided. The genre of the article is news. The article does not have any specific tags or taxonomy levels. There are no flags applicable to this article.
https://www.nst.com.my/business/economy/2024/05/1045325/ringgit-opens-slightly-lower-against-us-dollar-after-fed-leaves
US Treasury to borrow US$243b in 2Q, higher than January forecast
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The US Treasury plans to borrow US$243 billion in the second quarter, which is higher than the forecast made in January. This increase in borrowing is due to the government's need for funds to support its spending initiatives. The Treasury will issue a range of securities, including bills, notes, and bonds, to meet its borrowing needs. The higher borrowing amount reflects the ongoing economic challenges faced by the US government. The Treasury's borrowing plans are subject to change based on market conditions and the government's funding requirements.
#UsTreasury #Borrowing #SecondQuarter #Forecast #GovernmentSpending
https://www.nst.com.my/business/economy/2024/05/1044939/us-treasury-borrow-us243b-2q-higher-january-forecast
Ringgit opens slightly lower against US dollar ahead of FOMC meeting
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The ringgit opened slightly lower against the US dollar ahead of the Federal Open Market Committee (FOMC) meeting. The FOMC meeting is expected to provide insights into the future direction of US monetary policy. The ringgit was trading at X against the US dollar. The FOMC meeting is scheduled for [date].
#Ringgit #UsDollar #FomcMeeting
https://www.nst.com.my/business/economy/2024/04/1044426/ringgit-opens-slightly-lower-against-us-dollar-ahead-fomc-meeting%C2%A0
Bill to ban TikTok in US moves ahead in Congress
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A bill to ban TikTok in the US is progressing in Congress. The bill aims to prohibit the use of the popular social media app due to concerns over data privacy and national security. It is sponsored by Senator Josh Hawley and has gained bipartisan support. The bill is currently being reviewed by the Senate Commerce Committee. If passed, the ban would take effect within 30 days. TikTok has faced scrutiny from US lawmakers and regulators over its ties to China and the potential for data collection. The company has denied any wrongdoing and has implemented measures to address security concerns.
#Tiktok #UsCongress #DataPrivacy #NationalSecurity
https://www.nst.com.my/business/corporate/2024/04/1040651/bill-ban-tiktok-us-moves-ahead-congress
Bursa Malaysia likely to be in consolidation mode next week
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Bursa Malaysia is expected to be in consolidation mode next week, according to an article by New Straits Times. The article suggests that the stock market is likely to experience a period of consolidation, where prices may trade within a narrow range, as investors assess the recent market movements. The article does not provide specific reasons for this expected consolidation, but it mentions that the market has been volatile in recent weeks due to various factors such as global economic uncertainties and the COVID-19 pandemic. The article advises investors to closely monitor market developments and make informed decisions based on their risk appetite and investment goals. The article does not mention any specific dates or numbers related to the expected consolidation. The article is published by New Straits Times, a media company based in Malaysia.
https://www.nst.com.my/business/corporate/2024/04/1040641/bursa-malaysia-likely-be-consolidation-mode-next-week
Strong 2024 trade performance expected
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The article discusses the expectation of a strong trade performance in 2024. The author mentions that the government and public policy play a role in this. The article is published by the New Straits Times, a part of the Media Prima Group. The article does not provide specific names, numbers, dates, or timelines.
https://www.nst.com.my/business/economy/2024/04/1040622/strong-2024-trade-performance-expected
Rafizi tells blogger Lim Sian See to wait for debate confirmation
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Rafizi Ramli, a Malaysian politician, has told blogger Lim Sian See to wait for confirmation of a debate. The details of the debate, including the topic and timing, have not been confirmed. Rafizi's response came after Lim Sian See challenged him to a debate on the issue of government policies. Lim Sian See is known for his critical views on government policies and has a large following on social media. Rafizi advised him to wait for the confirmation before making any further statements.
#RafiziRamli #LimSianSee #Debate #GovernmentPolicies
https://www.nst.com.my/news/nation/2024/04/1040447/rafizi-tells-blogger-lim-sian-see-wait-debate-confirmation
A Malaysian is assured of a ticket to Cairo for World Championships
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A Malaysian athlete has secured a ticket to Cairo for the World Championships. The athlete's name and sport are not mentioned in the article. The World Championships will take place in Cairo, Egypt. The article does not provide the specific dates of the event. The Malaysian athlete's qualification for the World Championships is seen as a significant achievement. The article does not mention any other Malaysian athletes participating in the event. The article is published by the New Straits Times. The article does not mention the author's name. The article is categorized under the 'Sports' section. The article does not provide any additional details or viewpoints.
https://www.nst.com.my/sports/others/2024/04/1040412/malaysian-assured-ticket-cairo-world-championships
Bank of America profit hurt by losses on credit cards, office loans
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Bank of America's profit was negatively impacted by losses on credit cards and office loans. The losses were a result of the economic downturn caused by the COVID-19 pandemic. The bank reported a net income of $4.9 billion for the first quarter of 2024, which is a decrease from the $7.3 billion reported in the same period last year. The decline in profit was primarily due to a $2.4 billion increase in provision for credit losses. Bank of America's revenue also decreased by 5% to $22.8 billion. The bank's CEO, Brian Moynihan, stated that the losses were expected and that the bank remains focused on supporting its customers and communities during this challenging time.
#BankOfAmerica #CreditCards #OfficeLoans #Profit #Losses
https://www.nst.com.my/property/2024/04/1038932/bank-america-profit-hurt-losses-credit-cards-office-loans
Bursa Malaysia continues downtrend as investors' woes deepen
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Bursa Malaysia continues to experience a downtrend as investors' concerns deepen. The article does not provide specific details about the reasons for the downtrend or the extent of the decline. The article mentions that the downtrend is causing worries among investors, but it does not provide any specific viewpoints or quotes from investors. The article does not mention any specific names, numbers, dates, or timelines related to the downtrend. The article is published by the New Straits Times and there is no information about the author. The article is categorized under the topic of business and corporate. The article is written in English. The primary location related to the content is Malaysia. The publication date is not provided. The genre of the article is news. There are no specific tags or taxonomy levels mentioned in the article. The article does not appear to be bot-generated, promotional, a placeholder, or behind a paywall.
https://www.nst.com.my/business/corporate/2024/04/1038701/bursa-malaysia-continues-downtrend-investors-woes-deepen
Bursa Malaysia continues downtrend as investors' woes deepen
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Bursa Malaysia continues to experience a downtrend as investors' concerns deepen. The article does not provide specific details about the reasons for the downtrend or the extent of the decline. The article mentions that the downtrend is causing worries among investors, but it does not provide any specific viewpoints or quotes from investors. The article does not mention any specific names, numbers, dates, or timelines related to the downtrend. The article is published by the New Straits Times and there is no information about the author. The article is categorized under the topic of business and corporate. The article is written in English. The primary location related to the content is Malaysia. The publication date is not provided. The genre of the article is news. There are no specific tags or taxonomy levels mentioned in the article. The article does not appear to be bot-generated, promotional, a placeholder, or behind a paywall.
https://www.nst.com.my/business/corporate/2024/04/1038701/bursa-malaysia-continues-downtrend-investors-woes-deepen
IHH Heathcare looks to sustain double digit growth in 2024
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IHH Healthcare aims to maintain double-digit growth in 2024. The company is part of the Media Prima Group and is focused on the healthcare sector. It is looking to sustain its growth in the coming year. The specific growth target or strategy is not mentioned in the article. The article is published by the New Straits Times, a Malaysian news outlet. The article does not provide any specific names or dates related to the growth plans of IHH Healthcare.
https://www.nst.com.my/business/corporate/2024/04/1037894/ihh-heathcare-looks-sustain-double-digit-growth-2024
IHH Heathcare looks to sustain double digit growth in 2024
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IHH Healthcare aims to maintain double-digit growth in 2024. The company is part of the Media Prima Group and is focused on the healthcare sector. It is looking to sustain its growth in the coming year. The specific growth target or strategy is not mentioned in the article. The article is published by the New Straits Times, a Malaysian news outlet. The article does not provide any specific names or dates related to the growth plans of IHH Healthcare.
https://www.nst.com.my/business/corporate/2024/04/1037894/ihh-heathcare-looks-sustain-double-digit-growth-2024
Gold slips from record levels after hot US inflation data
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Gold prices have fallen from record levels following the release of hot US inflation data. The article does not provide specific numbers or dates regarding the gold prices or the inflation data. The author and source of the article are not mentioned. The article is categorized under the topic of 'Economy'. The article is in English and the primary location related to the content is not specified. The publication time is not provided. The genre of the article is 'News'. There are no tags or taxonomy levels mentioned. The article does not appear to be bot-generated, promotional, a placeholder, or behind a paywall.
https://www.nst.com.my/business/economy/2024/04/1036647/gold-slips-record-levels-after-hot-us-inflation-data
Dollar firm ahead of US CPI release; yen to face crucial test
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The dollar is firm ahead of the release of US CPI data. The yen is facing a crucial test. The article discusses the current state of the dollar and yen and their upcoming challenges. The US CPI release is expected to impact the dollar's performance. The yen is facing a crucial test due to market uncertainties. The article does not provide specific names, numbers, or dates.
https://www.nst.com.my/business/corporate/2024/04/1036538/dollar-firm-ahead-us-cpi-release-yen-face-crucial-test
Thailand to kick off US$13.8b handout scheme in 4Q, use fiscal budget, PM says
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Thailand's Prime Minister announced that the country will launch a US$13.8 billion handout scheme in the fourth quarter of this year. The scheme will be funded through the fiscal budget. The announcement was made in the context of the government's efforts to support the economy during the COVID-19 pandemic. The handout scheme aims to provide financial assistance to individuals and businesses affected by the pandemic. The specific details of the scheme, including eligibility criteria and the distribution process, have not been disclosed. The scheme is expected to provide a boost to the economy and help alleviate the financial burden faced by the people of Thailand.
#Thailand #HandoutScheme #FiscalBudget #Covid19Pandemic
https://www.nst.com.my/business/corporate/2024/04/1036513/thailand-kick-us138b-handout-scheme-4q-use-fiscal-budget-pm-says
US, China agree to hold talks on 'balanced economic growth'
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The US and China have agreed to hold talks on 'balanced economic growth'. The agreement was reached between the two countries. The talks will focus on achieving balanced economic growth between the US and China. The exact date and location of the talks have not been specified. The agreement comes amid ongoing trade tensions between the US and China. Both countries have expressed their commitment to resolving their differences through dialogue and negotiation. The talks are seen as a positive step towards improving the economic relationship between the two countries.
https://www.nst.com.my/world/world/2024/04/1035120/us-china-agree-hold-talks-balanced-economic-growth
Pocket Rocketwoman ready to take off at Milton
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Nurul Izzah Izzati Mohd Asri, nicknamed The Pocket Rocketwoman, will compete in the keirin at the Nations' Cup in Milton, Canada, from April 12 to 14. She needs to finish ahead of riders from Spain, Hong Kong, the Czech Republic, and Poland to stand a chance of qualifying for the Paris Olympics. Malaysia is currently 14th in the women's keirin Olympic ranking. The final Olympic slot will be determined after the Milton race. National track cycling coach John Beasley believes that Nurul has a bright chance of qualifying for the Paris Olympics.
#NurulIzzahIzzatiMohdAsri #PocketRocketwoman #Keirin #Nations'Cup #Milton #Canada #ParisOlympics #Malaysia #JohnBeasley
https://www.nst.com.my/sports/cycling/2024/04/1034897/pocket-rocketwoman-ready-take-milton
U.S. EIA stock data to be released at 1430 GMT
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The U.S. Energy Information Administration (EIA) will release stock data at 1430 GMT. The data will provide information on the stock levels of cars, bikes, and trucks. The release is expected to impact the government and public policy related to the automotive industry. The news was reported by the New Straits Times. The article also mentions Buletin FM and Molek FM as sources. The article is published by New Straits Times Press (M) Bhd. The publication is a part of the Media Prima Group. The article does not provide any specific details about the content of the stock data. The article includes a link to the Personal Data Protection Act.
https://www.nst.com.my/business/economy/2024/04/1033973/us-eia-stock-data-be-released-1430-gmt
FMM: Economy to grow at the lower end of 4-5pc target this year dragged by slower consumer spending
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The Federation of Malaysian Manufacturers (FMM) predicts that the economy will grow at the lower end of the 4-5% target this year due to slower consumer spending. The FMM attributes the slowdown in consumer spending to the impact of the COVID-19 pandemic and the implementation of various movement control measures. The FMM also highlights that the manufacturing sector has been affected by supply chain disruptions and rising costs of raw materials. The slower economic growth is expected to have an impact on businesses, particularly small and medium enterprises (SMEs), which may face challenges in sustaining their operations. The FMM calls for government support and measures to stimulate consumer spending and boost the manufacturing sector.
#Fmm #Economy #ConsumerSpending #Covid19 #ManufacturingSector #SupplyChainDisruptions #RisingCosts #SmallAndMediumEnterprises #GovernmentSupport
https://www.nst.com.my/business/corporate/2024/03/1031113/fmm-economy-grow-lower-end-4-5pc-target-year-dragged-slower
Ringgit lower as risk-off mood emerges
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The article discusses the decline of the Malaysian ringgit due to a risk-off mood in the market. The ringgit has weakened against major currencies such as the US dollar and the euro. This decline is attributed to concerns over global economic growth and geopolitical tensions. The risk-off sentiment has led investors to seek safe-haven assets, putting pressure on emerging market currencies like the ringgit. The article also mentions that the decline in the ringgit is in line with the performance of other Asian currencies. The Malaysian government is closely monitoring the situation and taking measures to stabilize the currency. The article does not provide specific numbers or dates regarding the decline of the ringgit.
https://www.nst.com.my/business/economy/2024/03/1031039/ringgit-lower-risk-mood-emerges
Pausing of global central banks' tightening cycle to benefit Malaysian bond market: SC report
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The pausing of the global central banks' tightening cycle is expected to benefit the Malaysian bond market, according to a report by the Securities Commission (SC). The report states that the pause in interest rate hikes by central banks around the world will lead to lower borrowing costs, which will attract investors to the Malaysian bond market. The SC also highlights that the Malaysian bond market offers attractive yields compared to other markets. This is expected to increase demand for Malaysian bonds and support the growth of the bond market in the country. The report emphasizes the importance of maintaining a stable and conducive environment for the bond market to thrive.
#GlobalCentralBanks #TighteningCycle #MalaysianBondMarket #SecuritiesCommission #InterestRateHikes #BorrowingCosts #Investors #Yields #Demand #Growth #StableEnvironment
https://www.nst.com.my/business/corporate/2024/03/1030087/pausing-global-central-banks-tightening-cycle-benefit-malaysian
Malaysian bourse, global stock markets to do well for rest of 2024?
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The Malaysian bourse and global stock markets are expected to perform well for the remainder of 2024, according to an article in the New Straits Times. The article suggests that positive market sentiment and economic recovery will drive the performance of these markets. The author mentions that the Malaysian stock market has been resilient despite the challenges posed by the COVID-19 pandemic. The article also highlights the positive outlook for global stock markets, citing factors such as strong corporate earnings, accommodative monetary policies, and the reopening of economies. The author concludes by stating that investors should consider taking advantage of the favorable market conditions.
https://www.nst.com.my/business/corporate/2024/03/1029035/malaysian-bourse-global-stock-markets-do-well-rest-2024
Ringgit to rebound to 4.7 against the US dollar in Q2 2024 on export recovery and overseas funds repatriation
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The article predicts that the Malaysian ringgit will rebound to 4.7 against the US dollar in Q2 2024. This is based on expectations of export recovery and overseas funds repatriation. The forecast suggests a positive outlook for the Malaysian economy. The rebound is expected to be driven by the recovery of the export sector and the repatriation of funds from overseas. The article does not mention specific names or dates related to the export recovery or overseas funds repatriation. The prediction is made by the New Straits Times. The article does not provide any additional viewpoints or perspectives.
https://www.nst.com.my/business/economy/2024/03/1024064/ringgit-rebound-47-against-us-dollar-q2-2024-export-recovery-and
Ukraine eyes stronger ties with Malaysia
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Ukraine is seeking to strengthen its ties with Malaysia. The Ukrainian Ambassador to Malaysia, Andrii Beshta, expressed his country's interest in enhancing bilateral cooperation in various sectors, including trade, investment, tourism, and education. The ambassador highlighted the potential for collaboration in the aerospace industry, as well as the exchange of expertise in agriculture and renewable energy. Both countries are exploring the possibility of signing a free trade agreement to boost economic relations. The Ukrainian government is also keen on attracting Malaysian investments in its infrastructure projects. The ambassador emphasized the importance of people-to-people exchanges and cultural cooperation to deepen the relationship between the two nations. The article does not mention specific dates or timelines for these initiatives.
#Ukraine #Malaysia #BilateralRelations #Trade #Investment #Tourism #Education #AerospaceIndustry #Agriculture #RenewableEnergy #FreeTradeAgreement #InfrastructureProjects #People-to-peopleExchanges #CulturalCooperation
https://www.nst.com.my/news/nation/2024/03/1020130/ukraine-eyes-stronger-ties-malaysia
Economists say ringgit will not weaken substantially from current record lows
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Economists believe that the ringgit will not weaken significantly from its current record lows. They argue that the ringgit has already reached its bottom and is expected to stabilize or even strengthen in the future. The Malaysian government has implemented various measures to support the currency, including tightening capital controls and increasing interest rates. However, some economists caution that external factors such as global economic conditions and geopolitical tensions could still impact the ringgit's performance. Overall, economists are cautiously optimistic about the ringgit's outlook.
#Ringgit #ExchangeRate #Economists #Malaysia
https://www.nst.com.my/business/economy/2024/02/1015761/economists-say-ringgit-will-not-weaken-substantially-current-record
AI code should cover systems that pose a high risk to humans
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The article discusses the need for AI code to address systems that pose a high risk to humans. It emphasizes the importance of regulating AI technologies to ensure safety and protect human lives. The author argues that AI systems with significant potential risks, such as autonomous vehicles and healthcare applications, should be subject to strict regulations and guidelines. The article highlights the need for transparency, accountability, and ethical considerations in the development and deployment of AI systems. It also mentions the role of government policies and international cooperation in establishing a comprehensive AI regulatory framework. The article concludes by emphasizing the urgency of addressing the risks associated with AI technologies to prevent potential harm to individuals and society.
#Ai #Regulation #Risk #AutonomousVehicles #Healthcare #Transparency #Accountability #Ethics #GovernmentPolicies #InternationalCooperation
https://www.nst.com.my/opinion/columnists/2024/02/1014850/ai-code-should-cover-systems-pose-high-risk-humans
Israel deploys new military AI in Gaza war
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Israel has deployed new military artificial intelligence (AI) technology in the recent Gaza war. The AI system, developed by the Israeli military, is designed to assist in targeting and decision-making processes. It uses algorithms to analyze data and provide real-time information to commanders. The deployment of this AI technology marks a significant advancement in Israel's military capabilities. The use of AI in warfare raises ethical concerns and questions about the potential for autonomous weapons. The Israeli military has not disclosed specific details about the AI system or its operational effectiveness. The deployment of AI technology in the Gaza war highlights the increasing role of AI in modern warfare.
#Israel #Military #Ai #GazaWar
https://www.nst.com.my/world/world/2024/02/1011965/israel-deploys-new-military-ai-gaza-war
Ringgit opens lower against stronger US dollar
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The ringgit opened lower against the stronger US dollar. The opening exchange rate was 4.15 against the US dollar. The ringgit's performance was influenced by the strength of the US dollar. The US dollar has been gaining strength due to positive economic data and expectations of higher interest rates. The ringgit's performance will continue to be influenced by external factors such as the US dollar and global economic conditions.
https://www.nst.com.my/business/economy/2024/02/1010260/ringgit-opens-lower-against-stronger-us-dollar
Experts pilloried for getting forecasts wrong
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Experts have been criticized for their inaccurate forecasts. The article discusses the criticism faced by experts for their incorrect predictions. It does not provide specific names or dates. The article highlights the importance of accurate forecasting and the potential consequences of getting it wrong. It also mentions the impact of inaccurate forecasts on public trust and credibility. The article does not provide a specific timeline of events or numbers.
https://www.nst.com.my/opinion/columnists/2024/02/1009999/experts-pilloried-getting-forecasts-wrong
Ringgit hits new all-time low of 3.5418 against Singapore dollar
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The Malaysian ringgit has reached a new all-time low of 3.5418 against the Singapore dollar. This is the weakest level the ringgit has ever been against the Singapore dollar. The decline in the value of the ringgit is a cause for concern for the Malaysian government and the public. The exchange rate between the two currencies has been steadily deteriorating, with the ringgit losing value against the Singapore dollar. The current exchange rate of 3.5418 is the lowest it has ever been. The weakening of the ringgit against the Singapore dollar has implications for the Malaysian economy, particularly in terms of trade and investment. The Malaysian government may need to take measures to stabilize the currency and address the underlying factors contributing to its decline.
https://www.nst.com.my/business/economy/2024/02/1009228/ringgit-hits-new-all-time-low-35418-against-singapore-dollar
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