Shong

[The Edge Malaysia @theedgemalaysia]

(Flash) Bank Negara Malaysia cuts overnight policy rate to 2.75%
https://t.co/0xlwI6IpRp

[Shong @shong7]

As long as Bitcoin maintains its uptrend, overall market sentiment is likely to remain in a risk-on mode.

[Shong @shong7]

Recent MYR strengthen to below 4.20.

[Shong @shong7]

The recent strengthening of the MYR will not benefit export companies, particularly our major export segment, E&E. Therefore, my major investment direction this year will still focus on domestic-related companies.

[The Kobeissi Letter @KobeissiLetter]

Let's put the tariff exemptions into perspective:

The US imports approximately $100 billion of computers, smartphones, and chip-making equipment from China PER YEAR.

A total of $439 billion of goods were imported from China into the US in 2024.

This means ~23% of ALL Chinese imports coming to the US are now exempt from "reciprocal tariffs."

This is a massive U-Turn in tariff policy.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US publishes reciprocal tariff exclusions for computers, smartphones, and chip-making equipment.

Just like that, big tech is back.

[Shong @shong7]

Firefighters risk their lives to protect ours. It's time we show our gratitude and increase compensation. #SupportOurFirefighters #FairPay

[BFM News @NewsBFM]

A firefighter has expressed frustration over inadequate compensation and welfare support, highlighting the stark challenges his job faces daily.

“If we work on a public holiday, we can’t take replacement leave. The JPA says we already receive a firefighters’ incentive payment of RM110 a month.

“But if you break it down, it’s just a few sen a day," a veteran in the service, Ahmad, told FMT.

🧵1

https://t.co/CU2ZsNdVzX

[The Kobeissi Letter @KobeissiLetter]

The Fed's worst nightmare has begun:

1. Core CPI inflation rises to 3.3%, the first increase since March 2023

2. 258,000 people filed for unemployment this week, above expectations of 230,000

Once the September jobs report is revised sharply lower, it will reveal the Fed's nightmare situation.

Rising inflation with rising unemployment.

[Shong @shong7]

Hedge funds bearish on commodities for first time since 2016 https://t.co/8N4RD9JXrf

[Shong @shong7]

Amazon has entered the space race with its first two satellites for Project Kuiper, a $10 billion plan to provide global internet access. Will they catch up with SpaceX’s Starlink? 1 #Amazon #Kuiper #SpaceX #Starlink

[The Coffee Break | Grow Smarter Daily @BreakMyCoffee]

Pictures of elephants rescued after decades of carrying tourists showed the deformity in their spines, according to the Wildlife Friends Foundation Thailand (WFFT). T

Think twice before taking an elephant ride.

More:
https://t.co/EXgfJJZ6JC

[The Malaysian Insight @msianinsight]

A total of US$730,999,976 million and £9.46 million were transferred into former prime minister Najib Razak’s private account in AmBank between 2011 and 2014, a senior bank official told the court in the ongoing 1Malaysia Development Bhd (1MDB) trial over two days.

[NonTroll@Baba™ @NonTeoh]

People are asking why Awesome TV is running this baseless story which quotes nobody but the words a producer put into these anchors mouths. Well, the CEO of this station is Adam llyas, son of Ilyas Pakeer, who quit as Serba Dinamik chairman in December after just six months (1/4)

[Shong @shong7]

FCPO Limit up

[BFM News @NewsBFM]

Snow fell over Mount Kinabalu this morning for the first time in nearly 30 years.

The incident reportedly happened at around 7.18am and lasted for about three minutes.

Snow was only reported on the mountain twice recently – in 1975 and 1993.

🎥: Mountain Torq/Facebook

[Shong @shong7]

@NewsBFM Speedy recovery

[Shong @shong7]

Stay Calm and Don't Panic Sell

[Shong @shong7]

科技股刹估值？

[Shong @shong7]

Sort listed some companies I think will perform in 2022. Mi, Jhm, MPI, Unisem, Jftech, Frontkn, D&O, Genetec, Msm, Mcement, Takaful, AirAsia, Amtel. This is not a buy/sell call.