Breakfast briefing: Monday, January 30


Bank of Japan

MarketWatch: In an ordinary world, a US Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the US President's policy plans. But the current world is less than ordinary and in the second week after his inauguration as US president, the likelihood is that Donald Trump's voice will still ring louder in investors' ears than economic data and the words of Fed chair Janet Yellen. - Reuters

Top foreign stories

BoJ to keep policy steady, seek to allay tapering fears: The Bank of Japan is set to keep monetary policy steady on Tuesday and seek to allay speculation of an early tapering of its massive stimulus, as recent bond market turbulence puts to the test its revamped policy framework that aims to control the yield curve. - Reuters

US tech leaders sound alarm over Trump immigration order: The US technology industry, a major employer of foreign workers, hit back at President Donald Trump's sudden executive order on immigration, with some leaders calling it immoral and un-American. - Reuters

Top local stories

Hot tech sector: The technology sector will see the highest jump in salaries in the country this year, while the oil and gas (O&G) sector, due to volatile oil prices, may see the least hike. The technology sector, especially for niche positions, may see a 30% salary rise this year compared with 27% last year, a survey Robert Walters, a specialist professional recruitment firm, shows. - Reuters

GUH still bullish on printed-circuit board ops: GUH Holdings Bhd expects its printed-circuit board business to improve in the second half of 2017 compared to the first six months of the year. Group managing director Datuk Kenneth H’ng said this was in line with reaserach organisation GfK’s projection for the major domestic appliances market, which is expected to grow by about 4% to reach US$193bil in 2017. - StarBiz

Right timing for EPF to sell London properties?: The Employees Provident Fund (EPF)’s move to divest some of its key London properties has brought up the question why the pension didn’t not hang on to those properties and sell them at a time when Britain is in a more stable environment and its issues sorted out? - StarBiz

SLP targets healthcare sector to increase revenue: SLP Resources Bhd is targeting the healthcare sector to generate about 8% to 10% of the group’s revenue in 2018, compared to 2.5% in 2017. - StarBiz

Malaysia-China deal to boost local bird’s nest prices: The recent signing of a deal between Malaysia and China to ship raw edible nests to China is expected to lift prices of bird’s nests, potentially by 15% to 20% from current levels depending on the grades. - StarBiz

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