Money Is Still Pouring Out Of Emerging Markets, Except For China

China’s counterparts — Brazil, Russia, India, South Africa and even Mexico — have not lured investors in, even on the lows.

There will always be investors looking for deals in emerging markets in the middle of a sell-off and a crisis — buy low, sell high, afterall — but judging by fund flow data, the big money is willing to wait this one out.

China’s equity market raked in almost $10 billion of net fund inflows since the beginning of March 2020, according to fund flow data provider EPFR Global in Cambridge, Massachusetts. They are the only stand out.

Foreign Central Banks Sell $109 Billion of Treasuries in March
By Emily Barrett
April 2, 2020, 4:48 PM EDT
Custody holdings at Fed post largest monthly drop on record
Decline comes as Fed rolls out repo facility to ease pressure

Wti crude oil : $13.63/barrel
Brent crude oil: $21.08/barrel

Wti crude oil : $13.63/barrel
Brent crude oil: $21.08/barrel

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BNM expected to cut OPR by another 75 basis points — CGS-CIMB
Lai Ying Yi
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theedgemarkets.com

April 23, 2020 11:40 am +08



-A+A
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said today it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

CGS-CIMB economists Michelle Chia and Lim Yee Ping wrote in a note that the nation’s monetary policy is likely to become more accommodative and CGS-CIMB expects BNM to reduce the OPR by 50bps this May, followed by a further 25bps cut in the second half of 2020.

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MALAYSIACORPORATE
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BNM expected to cut OPR by another 75 basis points — CGS-CIMB
Lai Ying Yi
/
theedgemarkets.com

April 23, 2020 11:40 am +08



-A+A
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said today it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

CGS-CIMB economists Michelle Chia and Lim Yee Ping wrote in a note that the nation’s monetary policy is likely to become more accommodative and CGS-CIMB expects BNM to reduce the OPR by 50bps this May, followed by a further 25bps cut in the second half of 2020.

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MALAYSIACORPORATE
TOP STORIES
Highlight
BNM expected to cut OPR by another 75 basis points — CGS-CIMB
Lai Ying Yi
/
theedgemarkets.com

April 23, 2020 11:40 am +08



-A+A
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said today it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

CGS-CIMB economists Michelle Chia and Lim Yee Ping wrote in a note that the nation’s monetary policy is likely to become more accommodative and CGS-CIMB expects BNM to reduce the OPR by 50bps this May, followed by a further 25bps cut in the second half of 2020.

By Geoff Earle, Deputy U.s. Political Editor For Dailymail.com
21:21 24 Apr 2020, updated 16:00 26 Apr 2020

Of the amount of debt on the asset, $211 million was owed to the state-owned Bank of China.

The building is valued at more than $1 billion.

The loan was soon securitized and sold, according to the company, which produced a financial document confirming the sale of the loan.

The loan, reported on Friday by Politico, derived from the Trump Organization's 30 per cent stake in the 1290 Avenue of the Americas building, bounded by 52nd Street and steps from Radio City Music Hall. However the loan then was repackaged, and the Bank of China says it no longer has any ownership of the loan.

Trump's partner, Vornado Realty Trust, refinanced the 43-story building in 2012, reported. Vornado has 70 per cent ownership.

President Donald Trump's company held a multi-million debt to Bank of China – in a large transaction that was the first by the state-owned back inside the United States.

Trump's ownership of the 43-story Manhattan tower has been known publicly for years and came up during his 2016 campaign. But it is getting a second look now that China is looking to be a flashpoint in his race against former Vice President Joe Biden.

Donald Trump's business empire was part of first American venture ever to get credit from Chinese communist party-controlled bank

Wti crude price: $1.65 per barrel
Brent crude price: $25.39 per barrel

Rebound: Oil prices rise after historic crash to below zero
US crude prices rose above $1.10 after a supply glut sent prices spiralling downward, but concerns about demand remain.

52 minutes ago
Oil prices recovered some lost ground from a historic crash on Tuesday, with United States crude turning positive after trading below $0 for the first time ever.

Rebound: Oil prices rise after historic crash to below zero
US crude prices rose above $1.10 after a supply glut sent prices spiralling downward, but concerns about demand remain.

52 minutes ago
Oil prices recovered some lost ground from a historic crash on Tuesday, with United States crude turning positive after trading below $0 for the first time ever.

SINGAPORE: Singapore reported a daily high of 1,426 new COVID-19 cases on Monday (Apr 20), bringing the national total to 8,014.

The vast majority of the new cases - 1,369 - are work permit holders living in foreign worker dormitories, according to a Ministry of Health (MOH) update on Monday night.

"The main increase today continues to be for work permit holders residing in dormitories, where we are picking up many more cases because of extensive testing," said the ministry. "These are not new infections as the workers are staying in their rooms and many have not reported sick. But when the teams go in to test them, many turn out to be positive."

Most of them have a mild illness and are being monitored in community isolation facilities or general wards. None are in the intensive care unit, MOH said.

SINGAPORE: Singapore reported a daily high of 1,426 new COVID-19 cases on Monday (Apr 20), bringing the national total to 8,014.

The vast majority of the new cases - 1,369 - are work permit holders living in foreign worker dormitories, according to a Ministry of Health (MOH) update on Monday night.

"The main increase today continues to be for work permit holders residing in dormitories, where we are picking up many more cases because of extensive testing," said the ministry. "These are not new infections as the workers are staying in their rooms and many have not reported sick. But when the teams go in to test them, many turn out to be positive."

Most of them have a mild illness and are being monitored in community isolation facilities or general wards. None are in the intensive care unit, MOH said.

Which crude oil do you want to buy.
As consumers, will buy cheaper one.
If home production one is expensive than imported one. Import crude oil better or use the home made production better. Guess what.

Wti crude : $14.70 per barrel.
Brent crude : $26.90 per barrel.

Print more dollar bill when not enough. When reached maturity, just cancel the debts bills.

Lindsay Graham: ‘We Ought To Sanction The Hell Out Of China’

“Cancelling debt is something we could do. You know China is the largest state sponsor of pandemics in the world. Iran is the largest state sponsor of terrorism. We sanctioned the hell out of Iran for spreading terrorism — we ought to sanction the hell out of China for spreading pandemics.”

“I would like to put sanctions on China not just for the United States, but for the entire world. This is the third pandemic to come out of China. Enough is enough. Bring the supply chain back? Yeah that’s a no brainer. Lets bring it back into this country by using carrots and sticks by telling businesses: if you relocate your supply chain we will give you a tax break. If you don’t we’re going to punish you.”

Lindsay Graham: ‘We Ought To Sanction The Hell Out Of China’

“Cancelling debt is something we could do. You know China is the largest state sponsor of pandemics in the world. Iran is the largest state sponsor of terrorism. We sanctioned the hell out of Iran for spreading terrorism — we ought to sanction the hell out of China for spreading pandemics.”

“I would like to put sanctions on China not just for the United States, but for the entire world. This is the third pandemic to come out of China. Enough is enough. Bring the supply chain back? Yeah that’s a no brainer. Lets bring it back into this country by using carrots and sticks by telling businesses: if you relocate your supply chain we will give you a tax break. If you don’t we’re going to punish you.”

Lindsay Graham: ‘We Ought To Sanction The Hell Out Of China’

“Cancelling debt is something we could do. You know China is the largest state sponsor of pandemics in the world. Iran is the largest state sponsor of terrorism. We sanctioned the hell out of Iran for spreading terrorism — we ought to sanction the hell out of China for spreading pandemics.”

“I would like to put sanctions on China not just for the United States, but for the entire world. This is the third pandemic to come out of China. Enough is enough. Bring the supply chain back? Yeah that’s a no brainer. Lets bring it back into this country by using carrots and sticks by telling businesses: if you relocate your supply chain we will give you a tax break. If you don’t we’re going to punish you.”

South Carolina Senator Lindsey Graham floated the idea of cancelling U.S. debt to China on Saturday night while speaking to Fox News Host Jeanine Pirro, and called on the communist state to face sanctions for the Covid-19 pandemic.

“Let’s talk about what we can do now,” Pirro said. “We owe money to China, can we start cancelling that debt?”

“Marsha Blackburn has legislation with Martha McSally that basically allows us to cancel some of the debt that we owe to China,” Graham responded.

South Carolina Senator Lindsey Graham floated the idea of cancelling U.S. debt to China on Saturday night while speaking to Fox News Host Jeanine Pirro, and called on the communist state to face sanctions for the Covid-19 pandemic.

“Let’s talk about what we can do now,” Pirro said. “We owe money to China, can we start cancelling that debt?”

“Marsha Blackburn has legislation with Martha McSally that basically allows us to cancel some of the debt that we owe to China,” Graham responded.

Borrowed money from someone and can cancel the debt, so that no need to pay the debt. That free lunch.

South Carolina Senator Lindsey Graham floated the idea of cancelling U.S. debt to China on Saturday night while speaking to Fox News Host Jeanine Pirro, and called on the communist state to face sanctions for the Covid-19 pandemic.

“Let’s talk about what we can do now,” Pirro said. “We owe money to China, can we start cancelling that debt?”

“Marsha Blackburn has legislation with Martha McSally that basically allows us to cancel some of the debt that we owe to China,” Graham responded.

SINGAPORE — The Ministry of Health (MOH) on Thursday (April 16) announced 728 more cases of Covid-19, bringing the total number of infections here to 4,427.

SINGAPORE — The Ministry of Health (MOH) on Thursday (April 16) announced 728 more cases of Covid-19, bringing the total number of infections here to 4,427.

SINGAPORE — The Ministry of Health (MOH) on Thursday (April 16) announced 728 more cases of Covid-19, bringing the total number of infections here to 4,427.

Real unemployment in the United States has likely hit 14.7%, the highest level since 1940
Over a three week stretch, 16.8 million Americans have filed for unemployment.

Another 6.6 million Americans filed initial unemployment claims in the week ending April 4. That follows 3.3 million and 6.9 million in the two previous weeks, according to the U.S. Department of Labor.

Before this three-week stretch of 16.8 million of initial jobless claims, there were already 7.1 million unemployed Americans as of March 13, according to the U.S. Bureau of Labor Statistics. When the figures are combined, it would equal 23.9 million unemployed, or a real unemployment rate of 14.7%—which would be the highest level since the early years of World War II.

Real unemployment in the United States has likely hit 14.7%, the highest level since 1940
Over a three week stretch, 16.8 million Americans have filed for unemployment.

Another 6.6 million Americans filed initial unemployment claims in the week ending April 4. That follows 3.3 million and 6.9 million in the two previous weeks, according to the U.S. Department of Labor.

Before this three-week stretch of 16.8 million of initial jobless claims, there were already 7.1 million unemployed Americans as of March 13, according to the U.S. Bureau of Labor Statistics. When the figures are combined, it would equal 23.9 million unemployed, or a real unemployment rate of 14.7%—which would be the highest level since the early years of World War II.

Real unemployment in the United States has likely hit 14.7%, the highest level since 1940
Over a three week stretch, 16.8 million Americans have filed for unemployment.

Another 6.6 million Americans filed initial unemployment claims in the week ending April 4. That follows 3.3 million and 6.9 million in the two previous weeks, according to the U.S. Department of Labor.

Before this three-week stretch of 16.8 million of initial jobless claims, there were already 7.1 million unemployed Americans as of March 13, according to the U.S. Bureau of Labor Statistics. When the figures are combined, it would equal 23.9 million unemployed, or a real unemployment rate of 14.7%—which would be the highest level since the early years of World War II.

MELBOURNE/SINGAPORE: Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand.

Brent crude futures rose 1.2%, or 41 cents, to $33.25 a barrel as of 0529 GMT. The contract rose to an intra-day high of $33.90, climbing for a second day.

MELBOURNE/SINGAPORE: Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand.

Brent crude futures rose 1.2%, or 41 cents, to $33.25 a barrel as of 0529 GMT. The contract rose to an intra-day high of $33.90, climbing for a second day.

MELBOURNE/SINGAPORE: Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand.

Brent crude futures rose 1.2%, or 41 cents, to $33.25 a barrel as of 0529 GMT. The contract rose to an intra-day high of $33.90, climbing for a second day.

Brent crude rebounded to $34 per barrel

Brent crude rebounded to $34 per barrel

Brent crude rebounded to $34 per barrel

The Federal Reserve said Tuesday it would launch a temporary lending facility that for the first time will allow foreign central banks to convert their holdings of Treasury securities into dollars, its latest bid to alleviate strains in global markets.


The program is designed to alleviate stresses in currency markets that had prompted more foreign central banks to sell their holdings of Treasurys. The Fed has been aggressively purchasing Treasury and mortgage securities to reduce market strains, and the latest move could reduce the supply of those securities hitting the market if foreign central banks can more easily exchange them for dollars.

The Federal Reserve said Tuesday it would launch a temporary lending facility that for the first time will allow foreign central banks to convert their holdings of Treasury securities into dollars, its latest bid to alleviate strains in global markets.


The program is designed to alleviate stresses in currency markets that had prompted more foreign central banks to sell their holdings of Treasurys. The Fed has been aggressively purchasing Treasury and mortgage securities to reduce market strains, and the latest move could reduce the supply of those securities hitting the market if foreign central banks can more easily exchange them for dollars.

The Federal Reserve said Tuesday it would launch a temporary lending facility that for the first time will allow foreign central banks to convert their holdings of Treasury securities into dollars, its latest bid to alleviate strains in global markets.


The program is designed to alleviate stresses in currency markets that had prompted more foreign central banks to sell their holdings of Treasurys. The Fed has been aggressively purchasing Treasury and mortgage securities to reduce market strains, and the latest move could reduce the supply of those securities hitting the market if foreign central banks can more easily exchange them for dollars.

Last year, the central bank reduced the base rate use for lending to 3% from 3.25% in May.

Imran Yassin expects BNM to slash another 25bps, bringing the OPR to 2.25% at the next MPC’s meeting.

“It is very unlikely that the OPR will go to zero because we opine that BNM will need to maintain some buffer to give them room to manoeuvre should the economic conditions worsen,” he said.

In a report, Hong Leong Investment Bank said BNM will likely reduce the policy rate by a total of 50bps this year to bring the rate down to 2% in 2020.

Last year, the central bank reduced the base rate use for lending to 3% from 3.25% in May.

Imran Yassin expects BNM to slash another 25bps, bringing the OPR to 2.25% at the next MPC’s meeting.

“It is very unlikely that the OPR will go to zero because we opine that BNM will need to maintain some buffer to give them room to manoeuvre should the economic conditions worsen,” he said.

In a report, Hong Leong Investment Bank said BNM will likely reduce the policy rate by a total of 50bps this year to bring the rate down to 2% in 2020.

Last year, the central bank reduced the base rate use for lending to 3% from 3.25% in May.

Imran Yassin expects BNM to slash another 25bps, bringing the OPR to 2.25% at the next MPC’s meeting.

“It is very unlikely that the OPR will go to zero because we opine that BNM will need to maintain some buffer to give them room to manoeuvre should the economic conditions worsen,” he said.

In a report, Hong Leong Investment Bank said BNM will likely reduce the policy rate by a total of 50bps this year to bring the rate down to 2% in 2020.

https://en.wikipedia.org/wiki/2019_Military_World_Games

Gold Mountain also will be depleted, if casino still not open. Staff remuneration still need to pay.

Casino no open, no more income earn. Still need to pay for workers and staff.

打开和关闭的内容是这样的：

 1.超市，湿市场，七十一，Speedmart 99，KK Mart和杂货店-开放。

 2.邮局，TNB，水，警察局，银行，证券交易所-开放。

 3.高尔夫俱乐部，酒吧，酒吧，社交俱乐部，夜总会，按摩室-关闭。

 4.车间，剪刀店，咖啡店，餐馆-关闭。

 5.婚礼，包皮环切宴会，音乐会，剃刀，烈酒-取消。

 6.手机店，小工具店，五金店，钢铁店，草坪磨坊-关闭。

 7.清真寺，寺庙，庙宇，教堂，祈祷室，商会办公室-关闭。

 8.火葬场，坟墓，诊所，药房-开放。

 9.服装店，手袋店，金店，鞋店，反射店-关闭。

 10.裁缝店，赌场，水疗中心，体育馆-关闭。

图片来源：Herman Haassan

KUCHING: Sarawak has recorded a total of 34 positive Coronavirus Disease 2019 (Covid-19) cases since the state’s first confirmed case on Friday, said Chief Minister Datuk Patinggi Abang Johari Tun Openg.

He said in an effort to address this pressing issue, the state government has decided that all foreign and domestic visitors coming into Sarawak and returning Sarawakians, will be issued with a 14-day Stay Home Notice (SHN).

“This includes Sarawak residents, long term and short-term pass holders. This will take into effect on March 18,” he said.

He said relevant agencies will monitor the SHN holders through random visits, phone calls and modern technology applications.