Cahya Mata reports over 26% 2Q profit jump on stronger profit margin

Source: the edge

Usdmyr is 4.40
Usdjpy is 144.33
Usdcny is 7.135

Usdmyr is 4.40
Usdjpy is 144.33
Usdcny is 7.135

Usdmyr is 4.40
Usdjpy is 144.33
Usdcny is 7.135

Usd to jpy is 146.54
Usd to cny is 7.16
Usd to myr is 4.495

Usd to jpy is 146.54
Usd to cny is 7.16
Usd to myr is 4.495

Usd to jpy is 146.54
Usd to cny is 7.16
Usd to myr is 4.495

Federal Reserve says first cut to US interest rates could come in September

Federal Reserve says first cut to US interest rates could come in September

Federal Reserve says first cut to US interest rates could come in September

Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years

Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years

Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years

Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

MGM China Explores Investment Opportunities in Thailand’s Emerging Casino Sector
Johnny K. June 17, 2024
MGM China, a subsidiary of MGM Resorts International, has shown a keen interest in potential investment opportunities within Thailand’s emerging casino development sector, according to recent reports. Macau China Holdings, the Macau-based division of MGM Resorts, is considering its options for expanding into Thailand, a market that has attracted considerable attention from various international gaming companies.

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

UEM Sunrise sells Johor land to global data centre player for RM145mil

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz community

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz Community

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz Community

Almighty dollar and military supremacy is the nuclear fuel for X.

X: Mirror mirror on the wall, who is the most powerful of all.
Mirror: Y is the most powerful one.
X: Bull shit. I will use the power to destroy anyone who overtake my power. X will be the powerful one forever.

Dollar and military supremacy is a fuel. As long have fuel, the engine will run. War in politics and finance.

As long as dollar and military supremacy have power, anyone will be a scapegoat. Next scapegoat is who?

China Solar Firms Halt Output in Southeast Asia on US Curbs
Longi, Trina Solar are winding down production: Chinese media
Washington has stepped up actions to protect domestic market

Is their currency, your problem, almighty dollar every begging.

Is their currency, your problem, almighty dollar every begging.

Is their currency, your problem, almighty dollar every begging.

In future, if they go mad, they pull off the Swift connection. Beware.

In future, if they go mad, they pull off the Swift connection. Beware.

In future, if they go mad, they pull off the Swift connection. Beware.

Report: US imposes sanctions on Malaysian semiconductor company [WATCH]
By New Straits Times
June 4, 2024 @ 12:02am

Report: US imposes sanctions on Malaysian semiconductor company [WATCH]
By New Straits Times
June 4, 2024 @ 12:02am

Report: US imposes sanctions on Malaysian semiconductor company [WATCH]
By New Straits Times
June 4, 2024 @ 12:02am

Almighty dollar nation is not happy with that. Will they sanction ASEAN?

Almighty dollar nation will not happy with that. Will they sanction ASEAN?

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
May 12, 2023
Posted by ASEAN Briefing

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
May 12, 2023
Posted by ASEAN Briefing

In a move reflecting growing concerns over the stability of the American economy, several African and Middle Eastern nations have begun withdrawing their gold reserves from the United States in recent months. This trend marks a significant shift in global economic dynamics and underscores the increasing skepticism among nations regarding the traditional safe haven status of the US dollar and American financial institutions.

The decision to repatriate gold reserves is not merely symbolic; it reflects a deeper unease among these nations about the trajectory of the American economy. Among the countries taking such actions are Nigeria, South Africa, Ghana, Senegal, Cameroon, Algeria, Egypt, and Saudi Arabia, each representing crucial regions in Africa and the Middle East. Their actions are prompting questions about the future of the US dollar as the world’s primary reserve currency.

African and Middle Eastern Nations Withdraw Gold Reserves Amid American Economic Concerns

ByJillian Bennett
APR 24, 2024