Malaysia

Malaysia’s Stock Market Surge Draws Investor Optimism but Experts Warn of Geopolitical Risks

Malaysia’s stock market has become one of Asia’s star performers in 2024, attracting investors and making headlines across the region. The Kuala Lumpur Composite Index (KLCI) has risen by approximately 15% over the past year, marking a significant turnaround for...
Chinese Police Clamp Down on Viral Cyclist

Chinese Police Clamp Down on Viral Cyclist Dumpling Craze, Citing Safety Concerns

A nighttime cycling phenomenon, born from the whimsy of university students, has taken central China by storm over the past few weeks. The viral trend, which saw thousands of cyclists pedaling 80 kilometers from Zhengzhou to Kaifeng in search of...
Asian Stock

Asian Stocks Slide as Dollar Rises to Four-Month High, While Bitcoin Soars Amid Trump’s Election Win

Asian stocks experienced a slight decline, while the U.S. dollar remained near four-month highs on Tuesday. However, the real excitement centered around Bitcoin, which surged to an unprecedented record high, fueled by investor bets on favorable outcomes from Donald Trump's...
Asian Financial Markets

Asian Markets Slip as Wall Street Rallies on Trump’s Re-Election, Led by Key Financial Stocks

Asian markets faced a mostly lower trading day Tuesday, largely overshadowed by the rally on Wall Street, as investors interpreted the re-election of President Donald Trump as a potentially positive signal for certain U.S. stocks. Trump’s re-election and his administration’s...
Shigeru Ishiba

Japanese Government Unveils Ambitious $65 Billion Tech Investment Plan to Boost Semiconductor and AI Sectors

In a sweeping move to bolster Japan’s technology sectors, Prime Minister Shigeru Ishiba has pledged an unprecedented $65 billion in public aid to the nation’s semiconductor and artificial intelligence industries. The funding plan, which targets strategic expansion through fiscal 2030,...
Korea Zinc

Korea Zinc Weighs $1.8 Billion Share Sale Amid Shareholder Tensions and Regulatory Concerns

Korea Zinc Co., the world’s largest refined zinc producer, announced Tuesday that it is carefully reconsidering a controversial $1.8 billion share sale plan. The plan, which initially surprised the market and sparked significant backlash from both regulators and investors, remains...
Michael Waltz

Trump’s Pick for National Security Advisor Signals Shift in U.S. Foreign Policy Focus to Confront China, Away from Europe and Middle East

President-elect Donald Trump’s recent appointment of Florida Congressman Mike Waltz as National Security Advisor has signaled a significant shift in the United States’ foreign policy priorities, potentially setting the stage for heightened tensions with China. Waltz, an Army Green Beret...
Vietnam

Vietnam’s Communist Party Leader To Lam Congratulates Donald Trump on Presidential Victory, Discusses Economic Ties

Vietnam's Communist Party Chief, To Lam, congratulated former U.S. President Donald Trump on his recent electoral victory in a phone call on Monday. The conversation between the two leaders covered avenues for enhancing economic collaboration, according to an official statement...
Crude Oil Prices

Oil Prices Stabilize as Markets Await OPEC Report Following China’s Stimulus and Supply Concerns

In early trading on Tuesday, oil prices exhibited little movement as investors awaited key insights from the upcoming monthly report by the Organization of Petroleum Exporting Countries (OPEC). This report is anticipated to shed light on production levels, demand forecasts,...
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