Commodities
Anwar Ibrahim has been telling everyone in the current six states election campaign about his success in getting electric vehicle company Tesla to set up its headquarters in Selangor, Malaysia. Of course, he did not bluff or lie, and there’s a reason why the prime minister was incredibly proud of his achievement. It will create […]
... written on Jul 31 2023Saravanan Murugan, the Member of Parliament for Tapah since 2008, was appointed as the Secretary in MIC Federal Territory by former MIC president Samy Vellu in 1997. He had also served as deputy ministers under Abdullah Badawi and Najib Razak administrations. It was not until 2020 that he was made a full minister – Minister […]
... written on Jul 27 2023Accounting for more than 40% of the global rice trade, as well as the second-largest producer after China, India’s latest decision to ban the exports of non-basmati white rice with immediate effect (July 20) could trigger further inflation on global food markets. The move comes amid concerns that there could be a supply shortage in […]
... written on Jul 22 2023Americans were stunned – and humiliated – when U.S. Treasury Secretary Janet Yellen bowed, not once, but repetitively, when she met Vice Premier He Lifeng during her visit to Beijing last week. Her Chinese counterpart was pleasantly surprised with her gesture that he appeared to backs away to give Yellen more room to “kowtow” and […]
... written on Jul 11 2023A precious metal portfolio is a good way to diversify your investment because it offers several benefits. For instance, a lot of precious metals offer cushioning effects during inflation. This is given how their value also increases, helping investors cope with or even benefit from the rising prices of commodities. For this reason and more, […]
... written on Jul 10 2023Since Donald Trump launched his trade war in 2018 against China, there has been concern in the West that the Chinese government would retaliate. In the second phase of the trade war, the U.S. president banned Huawei with an executive order prohibiting U.S. companies from selling semiconductors to (or buying technological equipment from) the China’s […]
... written on Jul 05 2023Inflation is a topic that has been making headlines recently, and its effects have spread across various industries, including home building. Inflation has affected construction companies’ profit margins and overall operations. This article examines how inflation prices impact home builders and how they navigate this economic landscape. Increased Material Costs Home construction relies on […]
... written on Jul 03 2023Ringgit has been dropping like a rock since February this year, depreciating from RM4.24 to RM4.69 against the U.S. dollar. If it breaks the RM4.75 level recorded in November 2022 under the previous backdoor government of Ismail Sabri, all hell will break loose. The currency made a stunning recovery from RM4.75 to RM4.24 after Anwar […]
... written on Jun 27 2023As investors progress in age, investment options tend to be more cautious, emphasizing protecting the wealth accumulated to that point. It’s not only relevant to living comfortably through retirement years but also providing for heirs when you’re gone. Many low-risk investment opportunities are available to seniors, with one, in particular, being gold IRAs. The unique […]
... written on Jun 13 2023Some 5 years ago, President Donald Trump launched a trade war with China. The goal was to decouple the U.S. economy from China. In 2020, with the U.S. presidential election approaching, Trump again raised the idea of separating the American and Chinese economies. In both 2016 and 2020 campaigns, China became the easy punching bag […]
... written on Jun 02 2023
