Steven

CW player

[Steven @teckghantan]

Withhold Release Orders and Findings https://t.co/iuIX1NIwq3 via @cbp

[Mario Nawfal @MarioNawfal]

🇩🇪 Germany's Chancellor Merz is going after the country's sky-high sick-leave numbers, and plenty of businesses have wanted this for a while.

No more calling in sick by phone. Under the change, workers will need a doctor's note from the very first day out.

"We know this is a tough decision. But we can no longer afford this competitive disadvantage caused by prolonged absences from work."

Germany has some of the highest reported sick-leave rates in Europe, and the pitch is that a day-one certificate closes the door on the ones phoning it in.

Writer: Julie

[Don't Mind Please @DoNotMindPlease]

As chips get too expensive, Apple turns to Chinese chips.

History keeps repeating itself.

*APPLE SEEKS US CLEARANCE TO BUY MEMORY CHIPS FROM CXMT: FT

[Steven @teckghantan]

@FinBizJedi forget bursa

[JaguarAnalytics @JaguarAnalytics]

$MU $SNDK I expect DRAM prices to peak in 4Q26 / 1Q27 and start a sharp decline in 2027. You are hereby requested to unfollow me because I said something negative about memory stocks.

[The Edge Malaysia @theedgemalaysia]

(Highlight) Carimin Petroleum Bhd (KL:CARIMIN) has proposed to privatise Sealink International Bhd (KL:SEALINK) in a deal valued at about RM165 million, paving the way for the company’s potential delisting from Bursa Malaysia.
https://t.co/xUUKTVxloy

[Steven @teckghantan]

@rafiziramli @Petronas nice town chukai

[Kakashii @kakashiii111]

The Data Center Empire in Malaysia

1. Singapore continues to be the second-largest importer of Nvidia GPUs every month since the beginning of 2026. In April alone, Singapore imported over $2B worth of chips.”
2. Since the beginning of the year, Singapore and Malaysia have imported roughly $13B to $15B worth of Nvidia GPUs (if we try to isolate the noise), equal to up to 20% of Nvidia’s total revenue for the upcoming Q1 2026, based on the $78B guidance.
3. Most of the chips imported into Singapore continue by land to Johor, one of the fastest-growing, if not the fastest-growing, data center regions in the world right now.
4. In four months, Singapore and Malaysia imported enough chips to accommodate 0.5GW–0.7GW-powered data centers.
5. According to Nvidia, almost all sales to Singapore and Malaysia are to “U.S.-headquartered” companies.
6. As of today, Nvidia continues to aggressively deny any signs of smuggling or misuse of its chips under AI chip export controls.

[Steven @teckghantan]

@chedetofficial rest well Tun

[Steven @teckghantan]

@ladymissazira take away subsidy pays market price to prevent leakages

[New Straits Times @NST_Online]

Taxpayers have until May 15 to file 2025 returns after IRB granted a 15‑day extension. The move, tied to mandatory e‑Filing, gives more time for accurate, complete submissions.

https://t.co/g5Bvegc0Nu

[Steven @teckghantan]

@ByJasonNg batu gajah

[Javier Blas @JavierBlas]

The world’s top condom maker says it plans to raise prices by 20%-30% and possibly further due to the impact of the US-Iran war in the petrochemical industry.

Malaysia's Karex Bhd told Reuters is also seeing a surge in condom demand as rising freight costs and shipping delays have left many of its customers with lower stockpiles than usual.

Karex produces over 5 billion condoms annually and is a supplier to leading brands like Durex.

[Steven @teckghantan]

@khalidkarim capital outflow

[Steven @teckghantan]

@zerohedge rip

[Steven @teckghantan]

https://t.co/4pG8WyTgq9

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump announces that the US will be suspending attacks on Iran for a period of 2 weeks on the condition that Iran will be reopening the Strait of Hormuz.

"This will be a double sided ceasefire," Trump says.

[June Goh @JuneGoh_Sparta]

Taking stock 1 month in: The stress is in refined products

1⃣Headline crude price in the form of ICE Brent has risen 56% from pre-crisis levels. Curtailed crude flows from the Strait of Hormuz and the actual production shut-in impact of 10-11 mbd drives the uptrend.

2⃣But refined product prices are showing where the key stresses are. Jet fuel was the hardest hit at the start. No alternatives for production and no strategic storage. Some airlines are forced to induce demand destruction. Prices have doubled.

3⃣Next came diesel - the workhorse of the barrel, and with refining runs lower in Asia plus less medium sour crudes producing less gasoil yields going forward, diesel is facing a massive shortfall. Prices have increased almost 100%.

4⃣Mogas, particularly higher octane barrels are going up as well. Europe had plenty of inventory in the prompt but watch out for summer.

5⃣Naphtha + LPG availability into the key Asian petrochemical sector is scarce, leading to multiple force majeures. More pain still to come as the normalization sequence puts the petchem sector last to receive feedstock.

6⃣ Fuel oil supply imbalances in the key Singapore blending hub will start to come in April. Lower refinery runrates with more lighter crudes essentially reduces fuel oil production.

7⃣ The last thing we need right now is any key refining capacity outages. But as we have seen in Valero Port Arthur's untimely diesel hydrotreater explosion, such things can happen. And we would have the world's refining system outside of Asia trying to run up to max and delaying turnarounds, exposing the world to more upside risks on product cracks.

#oott

[عمرو بالواو 🌟 @AmrElSherif0]

بن سلمان يقبل مؤخرة ترامب

[Rafizi Ramli @rafiziramli]

𝗣𝗢𝗗𝗖𝗔𝗦𝗧 𝗬𝗕𝗠 #𝟰𝟭: 𝗦𝗜𝗔𝗣𝗔 𝗠𝗥. 𝗥? 𝗕𝗨𝗞𝗧𝗜 𝟰𝟬 𝗠𝗨𝗞𝗔 𝗦𝗨𝗥𝗔𝗧 & 𝗜𝗦𝗨 𝗥𝗠𝟵.𝟱 𝗝𝗨𝗧𝗔 𝗔𝗛𝗟𝗜 𝗣𝗔𝗥𝗟𝗜𝗠𝗘𝗡 𝗣𝗞𝗥

Ramai yang bertanya tentang identiti “Mr R”. Di Podcast YBM malam ini, kita akan teliti satu per satu fakta dan garis masa berkenaan isu ini dan menjelaskan kekeliruan dan persoalan di luar sana.

Sertai juga diskusi malam ini mengenai hala tuju ekonomi negara di saat ketegangan global, serta ulasan mengenai politik tanah air kebelakangan ini.

Jumpa di YouTube jam 9:00 malam.