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Meta proves AI hype has its limits : Artificial intelligence is a multibillion-dollar project with no clear timeline for revenues
ft.com/content/698c79e0-0b0b-401d-8132-99a42f236b92
Malaysia mulls over casino as part of plans to revive Forest City, say sources: KUALA LUMPUR - Malaysia is looking at allowing a casino to operate in the RM450 ...
asiaone.com/malaysia/malaysia-mulls-over-casino-revive-forest-city-say-sources
Indonesia raises interest rates to support sliding rupiah: Currency has lost nearly 5% of its value against dollar this year amid expected delays to US rate cuts
ft.com/content/e3f75d49-c3bf-408c-b8a4-e8c599dba384
Two policemen accused of extortion at Johor’s Sultan Iskandar checkpoint back at work
straitstimes.com/asia/se-asia/two-malaysian-cops-accused-of-extortion-at-sultan-iskandar-checkpoint-back-to-work
Yen Approaches Intervention Point as BOJ Meeting Starts: Yen traders are bracing themselves for a redux of September 2022, when Japan intervened in the market to ...
bloomberg.com/news/articles/2024-04-25/yen-inches-closer-to-intervention-point-as-boj-meeting-starts
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Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Why a stronger dollar is dangerous: It sets the stage for a nasty new Trump-China clash, among other things
economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous
Live news: Yen weakens to ¥155 per dollar as US stocks edge higher
ft.com/content/df08445b-c568-4473-85f5-4d7efd2cfa6a
Rupee ticks up on foreign banks' dollar sales; forward premiums slip: The Indian rupee logged modest gains in early trading on Monday on dollar sales from ...
reuters.com/markets/currencies/rupee-ticks-up-foreign-banks-dollar-sales-forward-premiums-slip-2024-04-22/
Morning Bid: Big Tech swoons as Q1s lurk, Nvidia decimated: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Ringgit drops toward 26-year low as Bank Negara pledges support: The ringgit slipped to 4.78 per US dollar, putting it within a whisker of its Feb 21 low of 4 ...
straitstimes.com/business/ringgit-drops-toward-26-year-low-as-bank-negara-pledges-support
Where king dollar is causing pain the most: A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers ...
reut.rs/4b6jIC7
Japan's yen sinks to fresh 34-year low against dollar: TOKYO -- The yen dropped to the mid-154 range against the dollar on Monday, touching the lowest level ...
asia.nikkei.com/Business/Markets/Currencies/Japan-s-yen-sinks-to-fresh-34-year-low-against-dollar
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Take Five: Dancing to the dollar's beat: Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-04-19/
Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says: Stablecoin Tether's recent growth is being driven by its use as an alternative ...
reuters.com/technology/stablecoin-tether-gets-boost-dollar-alternative-emerging-markets-ceo-says-2024-04-19/
Vietnam surpasses India and Thailand and now becomes biggest rice supplier for Singapore
thestar.com.my/aseanplus/aseanplus-news/2024/04/20/vietnam-surpasses-india-and-thailand-and-now-becomes-biggest-rice-supplier-for-singapore
Special zones can help Johor surpass other states economically: PM: High-impact projects to boost state's expansion, Anwar says.
malaysiakini.com/news/702873
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Anwar 'stupid' if he didn't know of Najib pardon addendum - Muhyiddin: If Zahid knows more, maybe he should be PM, Pagoh MP jests.
malaysiakini.com/news/703118
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Owner upset workshop cut car exhaust pipe: A CAR owner who sent his vehicle to a workshop after watching its promotional videos on social media was left unhappy ...
thestar.com.my/metro/metro-news/2024/04/22/owner-upset-workshop-cut-car-exhaust-pipe
'They can buy up to $5,000 at one go': Some money changers run out of Korean won after it falls to new low against Singapore dollar
asiaone.com/singapore/they-can-buy-5000-one-go-some-money-changers-run-out-korean-won-after-it-falls-new-low
Rupee ends at record closing low on risk-off, broad dollar rally
reuters.com/markets/currencies/rupee-ends-record-closing-low-risk-off-broad-dollar-rally-2024-04-16/
Gold is back — and it has a message for us: The precious metal’s surge may herald a whole new world
ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503
Ringgit opens easier vs US$ amid Middle East conflict: KUALA LUMPUR: The ringgit opened slightly lower against the US dollar on Monday as the greenback’s appeal ...
thestar.com.my/business/business-news/2024/04/15/ringgit-opens-easier-vs-us-amid-middle-east-conflict
'Challenging to make a living': RM5,000 offer to attract Malaysian roti canai chefs to Singapore deemed too low
asiaone.com/singapore/challenging-make-living-rm5000-offer-attract-malaysian-roti-canai-chefs-singapore-deemed
Why oil pump prices are expected to drop in new review today: The Energy and Petroleum Regulatory Authority will today release the monthly pricing schedule to ...
nation.africa/kenya/business/why-oil-pump-prices-are-expected-to-drop-in-new-review--4589734
Short bets on Asian currencies mount as firm dollar dents confidence, Reuters poll finds
reut.rs/3xEo0Cv
Risk sensitive South African rand weakens as geopolitical tensions bite: South Africa's rand weakened in volatile trading early on Friday, as reports of an ...
reuters.com/markets/risk-sensitive-south-african-rand-weakens-geopolitical-tensions-bite-2024-04-19/
Ringgit turns soft against US$ as volatility rises: KUALA LUMPUR: The ringgit traded lower against the US dollar in early trade on Monday amid the ongoing Middle ...
thestar.com.my/business/business-news/2024/04/22/ringgit-turns-soft-against-us-as-volatility-rises
Morning bid: Red hot retail readout drives US economy and dollar: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-16/
Short bets on Asian currencies mount as firm dollar dents confidence, Reuters poll finds
reuters.com/markets/currencies/short-bets-asian-currencies-mount-firm-dollar-dents-confidence-2024-04-18/
Sterling dips as investors book profits on scorching rally: The pound eased on Wednesday, surrendering some gains from its biggest one-day rally in four months ...
reuters.com/markets/currencies/sterling-dips-investors-book-profits-scorching-rally-2024-04-24/
Pound falls to lowest since December as dollar stays strong: The pound dropped to a four-month low against the dollar on Thursday, still under pressure after the ...
reuters.com/markets/currencies/pound-falls-lowest-since-december-dollar-stays-strong-2024-04-11/
Billion-dollar money laundering case: Suspect to plead guilty as he faces new charge of using criminal proceeds to buy S$332,280 car
channelnewsasia.com/singapore/billion-dollar-money-laundering-case-suspect-su-baolin-pleads-guilty-using-criminal-proceeds-buy-car-4290906
Soaring won-dollar exchange brings both positives, negatives: The strengthening of the U.S. dollar against the Korean currency — nearing the 1 ...
koreatimes.co.kr/www/biz/2024/04/175_373213.html
Strong dollar poses question over timing of Japan intervention: TOKYO -- The resilience of the U.S. economy is raising uncertainty over whether Japanese monetary ...
asia.nikkei.com/Business/Markets/Currencies/Strong-dollar-poses-question-over-timing-of-Japan-intervention
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'Tremendous' currency pressure tests Asia bond investors: HONG KONG -- The U.S. dollar's strength and bets that the Federal Reserve will delay interest rate ...
asia.nikkei.com/Business/Markets/Bonds/Tremendous-currency-pressure-tests-Asia-bond-investors
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Ringgit ends easier versus US dollar on higher-than-expected US inflation data: KUALA LUMPUR: The ringgit ended easier against the US dollar on Friday as the ...
thestar.com.my/business/business-news/2024/04/12/ringgit-ends-easier-versus-us-dollar-on-higher-than-expected-us-inflation-data
From Indonesia to Japan, dollar's rising strength raises global alarm: TOKYO -- Countries across the globe are becoming increasingly wary of the growing ...
asia.nikkei.com/Economy/From-Indonesia-to-Japan-dollar-s-rising-strength-raises-global-alarm
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Asian shares extend gains ahead of tech earnings, yen fragile - Markets - The Jakarta Post
thejakartapost.com/business/2024/04/23/asian-shares-extend-gains-ahead-of-tech-earnings-yen-fragile.html
Asian emerging market currencies come under pressure from strong dollar: Indonesia’s central bank supports rupiah as Indian rupee falls to record and Korean won ...
ft.com/content/3a985f06-35b5-4a56-91eb-4595fc71b0ad
Retiree sees red over mould on new wardrobes: A RETIRED Federal Reserve Unit (FRU) officer’s joy of finally moving into his own home was marred when the wardrobe ...
thestar.com.my/metro/metro-news/2024/04/13/retiree-sees-red-over-mould-on-new-wardrobes
Japan’s Finance Minister Warns on Yen Ahead of IMF-G7 Meetings: Japan’s finance minister warned that he’s ready to take all available measures in the foreign ...
bloomberg.com/news/articles/2024-04-16/japan-s-finance-minister-warns-on-yen-ahead-of-imf-g7-meetings
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At $1.41m, maisonette in Toh Yi Drive breaks estate and executive records for the third time
asiaone.com/money/141m-maisonette-toh-yi-drive-breaks-estate-and-executive-records-third-time
Annual ceremony unites Johor’s men in uniform: SOME 450 Johor Indian policemen and their family members congregated for a special prayer at Arulmigu Sri ...
thestar.com.my/metro/metro-news/2024/04/24/annual-ceremony-unites-johors-men-in-uniform
Boeing announces million-dollar losses after series of safety scandals: The aircraft manufacturer beat Wall Street expectations but still finds itself in crisis ...
euronews.com/business/2024/04/24/boeing-announces-million-dollar-losses-after-plane-maker-hit-by-safety-scandals
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
In praise of Peter Higgs : The particle named after him became a selling point. For the man, it was a bit of a pain
economist.com/leaders/2024/04/11/in-praise-of-peter-higgs
Japan's Expo 2025: Osaka triumph or billion-dollar folly?: OSAKA -- Japan's World Expo: A chance to showcase the technological and manufacturing prowess of ...
asia.nikkei.com/Spotlight/Asia-Insight/Japan-s-Expo-2025-Osaka-triumph-or-billion-dollar-folly
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Errant cops nabbed a second time for extorting travellers at JB checkpoint: JOHOR BARU: Two policemen have been arrested a second time in the space of a month ...
thestar.com.my/news/nation/2024/04/20/same-two-cops-nabbed-again-for-extorting-money-from-travellers-at-bsi
The cost of being: A single parent with dreams of building generational wealth: 'I feel tight with everything at the moment, every dollar feels scrutinised ...
thespinoff.co.nz/society/09-04-2024/the-cost-of-being-a-single-parent-with-dreams-of-building-generational-wealth
Johor Baru housewife loses RM400,000 in phone scam: JOHOR BARU: A housewife lost RM400,000 after falling prey to a phone scam.
thestar.com.my/news/nation/2024/04/23/johor-baru-housewife-loses-rm400000-in-phone-scam
Formula E shows way ahead for racing as F1’s net zero deadline nears: Formula One is a sporting empire complete with rock star drivers, billion-dollar teams and ...
dailymaverick.co.za/article/2024-04-17-formula-e-shows-way-ahead-for-racing-as-f1s-net-zero-deadline-nears/
New initiative aims to help Kampong Chai Chee residents stretch their dollar: The scheme taps the power of kampong spirit to help residents cope with rising ...
straitstimes.com/singapore/new-initiative-aims-to-help-kampong-chai-chee-residents-stretch-their-dollar-amid-rising-living-costs
China’s Big Data Release to Show If Economy Rebounded
bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data
Singapore’s US$400 billion economy, soaring currency give next PM Lawrence Wong plenty to smile about
scmp.com/news/asia/southeast-asia/article/3259876/singapores-us400-billion-economy-soaring-currency-give-next-pm-lawrence-wong-plenty-smile-about
Johor cops nab 87 for illegal gambling: ISKANDAR PUTERI: Police have arrested 87 people around Johor for involvement in illegal lottery and online gambling ...
thestar.com.my/news/nation/2024/04/21/johor-cops-nab-87-for-illegal-gambling
Johor-Singapore RTS over 70% complete, says Transport Minister: JOHOR BARU: The Rapid Transit System Link (RTS Link), which connects Johor and Singapore by rail ...
thestar.com.my/news/nation/2024/04/25/johor-singapore-rts-over-70-complete-says-transport-minister
Ukraine is digging in as the Kremlin steps up its offensive : Will it be enough?
economist.com/europe/2024/04/18/ukraine-is-digging-in-as-the-kremlin-steps-up-its-offensive
Recto Sees Philippine Rate-Cut Delay Risk If Peso Down to 59: Philippine Finance Secretary Ralph Recto cautioned that his nation may see a delay in interest-rate ...
bloomberg.com/news/articles/2024-04-19/philippines-recto-sees-rate-cut-delay-risk-if-peso-sinks-to-59
Billion-dollar money laundering case: Third man jailed for buying luxury apartment with illegal proceeds
channelnewsasia.com/singapore/wang-baosen-billion-dollar-money-laundering-jailed-third-man-4268751
Tapir safely back in zoo after tragic loss of its calf: JOHOR BARU: The Civil Defence Force (APM) has safely brought a tapir back to the Johor Zoo after it ...
thestar.com.my/news/nation/2024/04/07/tapir-safely-back-in-zoo-after-tragic-loss-of-its-calf
Japan's yen falls to lowest since 1990, dollar/yen up 0.6%: The yen weakened on Monday, pushing the dollar to its highest against the Japanese currency since ...
reuters.com/markets/currencies/japans-yen-falls-lowest-since-1990-dollaryen-up-06-2024-04-15/
Norway's trillion dollar wealth fund posts 107 billion dollar first quarter gain: Norway's sovereign wealth fund, the world's largest, posted a gain of ...
thelocal.no/20240418/norways-trillion-dollar-wealth-fund-posts-107-billion-dollar-first-quarter-gain
Situation normal in Johor despite festive season: JOHOR BARU: Despite the festive season, there has been no significant increase in the number of tourists here ...
thestar.com.my/news/nation/2024/04/13/situation-normal-in-johor-despite-festive-season
Manchester United and Disney in talks over multi-million-dollar documentaries deal
theathletic.com/5436374/2024/04/23/man-utd-disney-documentaries/
South African rand weakens against strong dollar: South Africa's rand weakened in early trade on Friday against the U.S. dollar, which hovered near a five-month ...
reuters.com/markets/south-african-rand-weakens-against-strong-dollar-2024-04-12/
Squeezed by strong dollar, BOJ watches yen ahead of policy meeting: WASHINGTON/TOKYO -- A yen sell-off and its effect on inflation loom large over the Bank of ...
asia.nikkei.com/Business/Markets/Currencies/Squeezed-by-strong-dollar-BOJ-watches-yen-ahead-of-policy-meeting
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2 Malaysian cops arrested again after allegedly extorting RM1,000 from another traveller at JB checkpoint
asiaone.com/malaysia/2-malaysian-cops-arrested-again-after-allegedly-extorting-rm1000-another-traveller-jb-checkpoint
Malaysia to pilot QR code passport clearance for factory bus passengers at Johor land checkpoints from June
channelnewsasia.com/asia/qr-code-johor-malaysia-immigration-causeway-factory-bus-4286581
Sell: The Bloomberg Close, Asia Edition : Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-16/sell-the-bloomberg-close-asia-edition
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Man, 61, killed on the spot in car-bike collision in JB: JOHOR BARU: A male motorcyclist died on the spot after colliding with a car at KM17 along Johor ...
thestar.com.my/news/nation/2024/04/17/man-61-killed-on-the-spot-in-car-bike-collision-in-jb
‘Focus on forest and ecotourism’: State could team up with NGOs to promote biodiversity zones for Visit Johor Year 2026, says nature society
thestar.com.my/metro/metro-news/2024/04/15/focus-on-forest-and-ecotourism
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
Genting Plantations expects demand for palm products to advance in 2024: KUALA LUMPUR: Demand for palm products is projected to advance due to better economic ...
thestar.com.my/business/business-news/2024/04/19/genting-plantations-expects-demand-for-palm-products-to-advance-in-2024
Yen tumbles to 153 against dollar on U.S. inflation, raising intervention risk: TOKYO/NEW YORK -- The yen sold off against the dollar in New York trading ...
asia.nikkei.com/Business/Markets/Currencies/Yen-tumbles-to-153-against-dollar-on-U.S.-inflation-raising-intervention-risk
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Quick Glance: Yen falls to 152 against dollar on U.S. inflation, raising intervention risk
- Following the release of U.S. inflation data on Wednesday, the yen dropped to the significant level of 152 against the dollar, potentially prompting government intervention to curb the decline.
- The value of the Japanese currency declined to 152.45, a level unseen since 1990.
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