The burgeoning demand for cloud computing and artificial intelligence has propelled Malaysia onto the global data center stage. In recent years, the country has become a magnet for investments from tech giants such as Google, Nvidia, and Microsoft. The city of Johor Bahru, situated on the border with Singapore, has emerged as a focal point
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The upcoming week in Asian markets is set to kick off with the monthly Chinese ‘data dump’, providing investors with crucial insights into the state of the world’s second-largest economy. While recent indicators such as producer and consumer prices have pointed towards looming deflationary risks, a closer look at retail sales, business investment, industrial production,
Disney and Pixar have faced challenges in regaining their foothold at the box office following the pandemic. The decision to release animated features directly on Disney+ caused a shift in audience behavior towards streaming platforms. This move impacted the traditional theatrical experience, as parents became accustomed to seeking out new Disney content from the comfort
The U.S. retail sector is currently facing challenges due to elevated interest rates, which have put pressure on many companies within the industry. While the S&P 500 Consumer Discretionary Distribution & Retail index has managed to stay relatively in-line with the overall market performance, the sector’s gains have been largely driven by a select few
Chinese companies have been steadily increasing their presence in the global market, but there is still significant untapped potential according to HSBC analysts. Despite the rapid growth of the Chinese economy, a large portion of revenue for Chinese companies still comes from domestic sources. In contrast, Japanese companies have a much higher percentage of revenue
The introduction of bitcoin exchange traded funds has been a highly anticipated event in the financial world, with significant implications for investors and financial advisors alike. According to BlackRock’s Samara Cohen, the adoption of these ETFs by financial advisors is happening gradually, with self-directed investors leading the way in terms of purchases. Investor Behavior Currently,
China Premier Li Qiang recently embarked on a four-day trip to Australia, marking the first visit by a Chinese premier to the country in seven years. During his visit, Li made stops at a South Australian winery and Adelaide Zoo, where he announced that China would provide two new pandas to the zoo after the
President Luiz Inacio Lula da Silva of Brazil has expressed his willingness to consider Finance Minister Fernando Haddad’s suggestions for spending cuts. However, he has made it clear that any fiscal adjustments must not come at the expense of the poor. This statement comes amidst mounting pressure on the government to reduce expenditures and achieve
The latest research by Goldman Sachs economists has shed light on the potential consequences of U.S. immigration policies following the upcoming election. In 2020, net immigration to the U.S. soared to approximately 2.5 million individuals, significantly bolstering labor force and GDP growth, while also helping to mitigate wage pressures. Looking ahead to 2024, Goldman Sachs
The box office has seen a resurgence in recent times, with Disney+ and Pixar maintaining a strong hold over moviegoers. Despite initial doubts about the impact of streaming services on theater attendance, it is clear that the release of “Inside Out 2” has generated significant buzz. The film is projected to have the biggest opening
Boeing’s Starliner capsule, named “Calypso,” is set to remain at the International Space Station for twice as long as originally planned, NASA announced on Friday. This extended stay is part of the developmental mission known as Boeing’s crew flight test, which involves a series of tests being conducted on the Starliner while it is docked
As central bank decisions in Britain, Switzerland, and Norway loom, the global rate cutting trend is expected to slow down, signaling a potential shift in monetary policy. The Bank of England is unlikely to cut rates before July 4th, shattering hopes for an immediate rate cut. Market expectations point towards easing in the near future,
The recent decision by the Bank of Japan to trim bond buying in the future has sent shockwaves through the market. While the central bank has stated that it will continue to buy government bonds at the current pace, the lack of a specific plan regarding the reduction until the next meeting in July has
The decision by the European Union to impose additional tariffs on Chinese electric vehicles has sparked backlash from China and various stakeholders involved in the dispute. Chinese state news agency Xinhua expressed hope that the EU would reconsider its tariffs and avoid hindering competition in the auto industry. The opposition from China and others emphasizes