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AS we had just celebrated the nation’s 62nd birthday two weeks ago and the 56th Malaysia Day is upon us in just two days, it is nice to have a birthday wish or wishes for the nation, be it for the economy, stock market or just for all Malaysians going into our 63rd year since Merdeka and 57th year as Malaysia
JAKARTA: The World Bank projects Indonesia’s economic growth will slide to below 5% next year and warned of the potential for “severe” capital outflows as global risks including the US-China trade war intensify.
Saying that trade wars and “controlling” China is much more important than the economy, President Donald Trump may be suggesting that the two can be decoupled.
LONDON: British lawmakers defeated Boris Johnson in parliament on Tuesday in a bid to prevent him taking Britain out of the EU without a divorce agreement, prompting the prime minister to announce that he would immediately push for a snap election.
LONDON: Lawmakers will decide on Tuesday whether to move Britain one step closer to an early election when they vote on the first stage of their plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit.
FRANKFURT: Most Germans live by the credo that saving is a virtue, but the European Central Bank’s (ECB) negative interest rates risk making a mockery of the national obsession, prompting politicians to seek ways to insulate thrifty citizens and keep the burden on the country’s beleaguered banks.
SINGAPORE: Ho Ching, who is married to Singapore’s Prime Minister Lee Hsien Loong, took to Facebook to defend her husband’s pay, which looks higher than those of many government leaders.
NEW YORK: Traditional safe-havens including the yen and US Treasuries were sought out even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration
SYDNEY: Asian shares fell on Wednesday as fresh worries about a global recession led investors to dump risky assets, with U.S. President Donald Trump showing no signs of backing down in his trade war with China.