Industrial Shares Gain Strength: Stock Market Rally Broadens
Industrial shares are displaying remarkable strength as the evidence of a broadening stock market rally emerges. Analysts are filled with optimism about the potential...
Pakistan Economy: Challenges and Growth in FY23 | Economic Survey Report
9 June 2023, Islamabad, Pakistan
The Pakistan Economic Survey 2022/23 highlights the challenges faced by Pakistan's economy and the growth experienced during the fiscal year....
Blood Ties and Shadow Companies: The Yu Family’s Alleged Market Manipulations...
In an explosive revelation that shakes up Malaysia's corporate sector, the spotlight is on the Yu Family and their alleged market manipulations. Yew Hock Ming, an obscure figure until recently, emerges as the key link in a web of clandestine relationships and possible financial wrongdoings. The article uncovers these undisclosed family and corporate ties.
US Economy Teetering on the Edge: Biden’s Spending Policy Sinks Nation...
The US Economy is on the brink of recession, brought on by a reckless spending policy of the Biden Administration. Notable figures like Bank of America CEO Brian Moynihan and Federal Reserve Chairman Jerome Powell have voiced their concerns.
YNH Property Bhd Scandal: A Family Affair of Fraud, Embezzlement, and...
In this shocking exposé, we unravel the complex web of deceit surrounding the YU Syndicate and YNH Property Bhd, where key players allegedly embezzled millions through fraudulent joint ventures and secret agreements. Discover the dark side of corporate Malaysia and the implications of this massive scandal.
PETRONAS and Phoenix Petroleum Sign MoU for Downstream Marketing and Tech...
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream...
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
Bursa Malaysia Bhd, UMW Corp Sdn Bhd, and Malayan Banking Bhd (Maybank) have agreed to work together. Under a memorandum of understanding to develop...
ECB hawks press case for more rate hikes to fight inflation
Two European Central Bank Governing Council members from Austria and Belgium argue for further interest rate hikes to control inflation, which currently stands at 8.5% in the eurozone. Despite recent banking sector turmoil, they believe monetary tightening remains necessary to curb rising prices.
Germany, Japan seek economic cooperation
German Chancellor Olaf Scholz visits Japan with six ministers to discuss economic cooperation and reduce reliance on China. The meetings focus on addressing economic vulnerabilities exposed by the Ukraine war and COVID-19 pandemic, emphasizing the need for strategic partnerships in critical economic sectors.
Malaysia exports rise 9.8% to RM204.99bil in Feb
Malaysia's exports grew 9.8% year-on-year to RM204.99 billion in February 2023, with petroleum, electrical, and electronic goods driving the increase. Imports rose 12.4% to RM92.71 billion, resulting in a trade surplus of RM19.56 billion, slightly higher than January's figure despite a shorter workweek.