Financial
Gold's Bullish Outlook Supported By Rising Demand From China And India, Despite Short-Term Weakness
Transhipment Ports Challenged By Changes In Call Patterns Amid Red Sea Crisis
Collapse Of US Regional Bank Raises Red Flag For Big Shocks
CME Praises Bank Negara Malaysia On The Ringgit, Invites ASEAN Central Banks Greater Cooperation
KUALA LUMPUR, Malaysia: After a short break, the Malaysian Ringgit (MYR) is again under stress and close to be exchanged at 4.8 against one American Dollar (USD). The Center for Market Education agrees with the general consensus that the resurgent weakness of the domestic currency is mainly due to external factors:
A Future World Monetary Order
Russia To Renew Commercial Fleet In Coming Years
ST. PETERSBURG, Russia: Russia intends to significantly renew its commercial fleet in 2023-2027, President Vladimir Putin said at the St. Petersburg International Economic Forum (SPIEF).
Weakening Ringgit Shows Lack Of Local Productive Forces
KUALA LUMPUR, Malaysia--The ringgit has fallen to its lowest value since the Asian financial crisis. The reaction from the opposition has been one of frustration and panic, raging against the finance minister.
Rate Hikes Alone Won't Curb Inflation
NEW YORK, U.S.--As inflation in the United States reaches new heights, economists are debating how high the Federal Reserve will need to hike interest rates to curb demand and rein in price growth.
Recession Storm Clouds Gathering
MICHIGAN, U.S.--There is a rising tide of warnings that the US, Europe and other areas of the world are rapidly moving towards a recession as significant data point in that direction.
Great East Capital And Boustead Sign DOU To Build Largest Digital Bank in Turkey
ISTANBUL,Turkey, 6 JULY 2022 - Great East Capital (GEC) and Boustead Holdings Berhad (Boustead) today signed a Document of Understanding (DOU) to explore investment and collaboration opportunities that is set to launch the largest Islamic digital bank in Turkey.
Price Ceilings And Export Bans Are A Recipe For Inflation And Food Insecurity
KUALA LUMPUR, Malaysia--In the past weeks, the Malaysian government issued three measures affecting the poultry industry, in order to try to contain inflation and ensure supply.
The Russia-Ukraine Conflict: Beyond The Nearer-Term Implications
LONDON, UK--Russia's regional ambitions represented a longstanding, open test. Yet, with the invasion of Ukraine on 24 February, Europe's security environment, Ukraine and Russia's economic outlook, the stability of markets have been thrown into the air and are in the process of reshuffling.
China’s Digital Yuan, Biggest Threat To The West, Is Overshadowed By Russian War
NEW YORK, U.S.--Russia’s war in Ukraine is obscuring one very alarming threat posed by the Chinese regime: its system of paperless money, warned hedge fund manager Kyle Bass.
Why Monetary Policy Should Not Avoid Market Price Deflation
KUALA LUMPUR, Malaysia--: The Center for Market Education (CME) released its Policy Paper No 4, Why Monetary Policy Should Not Avoid Market Price Deflation, authored by Philipp Bagus (Professor of Economics at University King Juan Carlos, Madrid, Spain) and Carmelo Ferlito (CEO of the Center for Market Education, Malaysia).
The Global Economy Disrupted: Higher Inflation And Slower Growth In The 2022 Outlook
LONDON, UK--Two years into the pandemic, COVID-19 continues to take surprising turns, disrupting the global economy through multiple channels—public health, work, education, travel, consumer spending patterns, production of goods and services, and international trade flows.
Russia’s Invasion Of Ukraine Could Make Many, Many Things More Expensive
WASHINGTON, U.S.--The backdrop of global and domestic inflation in the United States was already worrying. Now, Russia’s invasion of Ukraine stands to potentially make the situation worse.
US Stocks Make Dramatic Comeback After Falling Sharply On Ukraine Worry
NEW YORK, U.S.--US stocks mounted a stunning comeback Thursday after investors appeared to become slightly less fearful — at least for now — about the economic fallout of Russia’s invasion of Ukraine.
Expanding The Open RAN Ecosystem With A Wide Portfolio Of High-Performance O-RAN Compliant Radios
Singapore City, Singaore--Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, today announces a wide portfolio of O-RAN compliant Radio Units (RUs) – expanding the Open RAN radio ecosystem, to provide Communications Service Providers (CSPs) with a wider choice of radios as they progress in rolling out open and interoperable networks.
Wages Should Be Determined By The Market, Focus On Education And Labour Reforms
KUALA LUMPUR, Malaysia--The debate about minimum wage in Malaysia has emerged once again and it is now particularly important at the light of two important facts: