ASML performance surges amid TSMC investment rumors, strong China sales despite US curb threats
https://www.digitimes.com/news/a20240718VL200/asml-sales-tsmc-revenue-2024.html

Exclusive: Harris leads Trump 44% to 42% in US presidential race, Reuters/Ipsos poll finds
https://www.reuters.com/world/us/harris-leads-trump-44-42-us-presidential-race-reutersipsos-poll-finds-2024-07-23/

Exclusive: Harris leads Trump 44% to 42% in US presidential race, Reuters/Ipsos poll finds
https://www.reuters.com/world/us/harris-leads-trump-44-42-us-presidential-race-reutersipsos-poll-finds-2024-07-23/

https://www.thestar.com.my/business/business-news/2024/07/22/industry-players-remain-optimistic

China’s semiconductor sales jump 24.2% in May; US-led crackdown can’t stop nation’s chip industry development
https://www.globaltimes.cn/page/202407/1315634.shtml

China’s semiconductor sales jump 24.2% in May; US-led crackdown can’t stop nation’s chip industry development
https://www.globaltimes.cn/page/202407/1315634.shtml

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes

Markets in Focus: Currency Risk Higher for Global Equity Investors
https://www.msci.com/www/blog-posts/markets-in-focus-currency-risk/04783398091

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes

https://www.thestar.com.my/business/business-news/2024/07/10/improving-outlook-for-semiconductor-sector

https://www.thestar.com.my/business/business-news/2024/07/10/improving-outlook-for-semiconductor-sector

https://amp.scmp.com/business/banking-finance/article/3269417/bullish-emerging-markets-chinese-indian-stocks-may-outshine-japan-second-half

https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true

https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true

Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half

Survey shows an investor preference for the region’s EM giants
Strategists see Asian equities outperforming US to year-end

Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes.

About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the next six months. A similar number picked India as their top bet while Japan was a distant third.

https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true

Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half

Survey shows an investor preference for the region’s EM giants
Strategists see Asian equities outperforming US to year-end

Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes.

About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the next six months. A similar number picked India as their top bet while Japan was a distant third.

https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true

The S&P 500 rose to a new high on Friday, posting a record close as the latest jobs report reignited hopes for rate cuts from the Federal Reserve.

https://www.cnbc.com/amp/2024/07/04/stock-market-today-live-updates.html

S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes: Live updates
https://www.cnbc.com/amp/2024/07/04/stock-market-today-live-updates.html

S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes: Live updates
https://www.cnbc.com/amp/2024/07/04/stock-market-today-live-updates.html

According to its financial guidance announced on July 5th, the semiconductor giant projects its operating profit to grow more than 15-fold YoY to 10.4 trillion won (USD 7.5 billion) in its preliminary results for the April-June quarter, outstripping market expectations.

https://www.trendforce.com/news/2024/07/05/news-samsung-anticipates-q2-profit-to-soar-on-ai-demand-with-a-15-fold-increase/

Samsung Anticipates Q2 Profit to Soar on AI Demand with a 15-fold Increase
https://www.trendforce.com/news/2024/07/05/news-samsung-anticipates-q2-profit-to-soar-on-ai-demand-with-a-15-fold-increase/

[News] Samsung Anticipates Q2 Profit to Soar on AI Demand with a 15-fold Increase
https://www.trendforce.com/news/2024/07/05/news-samsung-anticipates-q2-profit-to-soar-on-ai-demand-with-a-15-fold-increase/

PHLX Semiconductor index was up 1.92 percent yesterday.

PHLX Semiconductor index was up 1.92 percent yesterday.

https://theedgemalaysia.com/node/717664

Kenanga stays 'overweight' on technology sector, sees improving order visibility
https://theedgemalaysia.com/node/717664

Kenanga stays 'overweight' on technology sector, sees improving order visibility
https://theedgemalaysia.com/node/717664

[Big read] Penang leads Malaysia’s semiconductor charge
https://www.thinkchina.sg/technology/big-read-penang-leads-malaysias-semiconductor-charge

Fed’s Goolsbee Says Policymakers Should Prepare for Rate Cuts

Goolsbee sees inflation on “a path to 2%”, warns on employment
Holding rates as inflation falls is a decision to tighten
https://www.bloomberg.com/news/articles/2024-07-02/fed-s-goolsbee-says-policymakers-should-prepare-for-rate-cuts

Morgan Stanley Turns Bullish on Chinese Banks as Risks Subside

Policy moves will boost mortgages, margins, analyst says
Industrial upgrades paying off, aiding shift from property
https://www.bloomberg.com/news/articles/2024-06-28/morgan-stanley-turns-bullish-on-chinese-banks-as-risks-subside?embedded-checkout=true

https://www.malaymail.com/amp/news/money/2024/06/20/miti-malaysias-trade-in-may-grows-103pc-y-o-y-to-rm24631b-hits-20-month-high/140603

https://www.thestar.com.my/business/business-news/2024/06/20/dnex-expanding-technology-customer-base

Computer Industry Joins NVIDIA to Build AI Factories and Data Centers for the Next Industrial Revolution
https://nvidianews.nvidia.com/news/computer-industry-ai-factories-data-centers

Singapore looks to boost AI with plans for quantum computing and data centers
https://www.zdnet.com/article/singapore-looks-to-ai-future-with-plans-for-quantum-chip-and-data-centers/#google_vignette

MAA: Malaysia's new vehicle sales up 21% in April

AI is driving a global boom in data center construction!

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

Zafrul: ByteDance planning RM10b investment to make Malaysia a regional AI hub

Taking into consideration future requirements, Tengku Zafrul said, the company also plans to expand the data centre facility with an additional investment of RM1.5 billion.

ByteDance plans to invest in AI to turn Malaysia into an regional AI hub with a proposed investment of about RM10 bil - https://theedgemalaysia.com/node/714621

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

https://www.thestar.com.my/business/business-news/2024/06/07/growth-potential-in-genetec

Malaysia's property market to be stable in 2024 with sustained growth over next 3 years - Nga - https://www.thestar.com.my/business/business-news/2024/06/06/malaysia039s-property-market-to-be-stable-in-2024-with-sustained-growth-over-next-3-years---nga