India Covid-19 second wave: ‘A coronavirus tsunami we had never seen before’

India Covid-19 second wave: ‘A coronavirus tsunami we had never seen before’

Isu Myanmar: PM Thai sahkan tidak sertai Mesyuarat Khas ASEAN

Isu Myanmar: PM Thai sahkan tidak sertai Mesyuarat Khas ASEAN

Russia Further Ramps Up Military Pressure on Ukraine
Moscow could just be strong-arming Kyiv and Washington—or preparing another invasion.

Russia Further Ramps Up Military Pressure on Ukraine
Moscow could just be strong-arming Kyiv and Washington—or preparing another invasion.

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Post removed.Why?

Beijing jumps back to bullion buying, USD remains depressed…
After multiple months of sluggish buying of gold, China is back to the game and recently eased restrictions for banks importing the bullion, per Reuters. The news hints at around 150 tons of gold imports versus the recent average of 10 tons and the year 2019 buying of 75 tons per month. Also in the line were chatters of India’s record gold buying of near 160 tons in March. It’s worth mentioning that India and China are the world’s biggest gold consumers and hints of increased buying from the key customers should help the bullion that recently cheered the US dollar weakness.

Beijing jumps back to bullion buying, USD remains depressed…
After multiple months of sluggish buying of gold, China is back to the game and recently eased restrictions for banks importing the bullion, per Reuters. The news hints at around 150 tons of gold imports versus the recent average of 10 tons and the year 2019 buying of 75 tons per month. Also in the line were chatters of India’s record gold buying of near 160 tons in March. It’s worth mentioning that India and China are the world’s biggest gold consumers and hints of increased buying from the key customers should help the bullion that recently cheered the US dollar weakness.

Beijing jumps back to bullion buying, USD remains depressed…
After multiple months of sluggish buying of gold, China is back to the game and recently eased restrictions for banks importing the bullion, per Reuters. The news hints at around 150 tons of gold imports versus the recent average of 10 tons and the year 2019 buying of 75 tons per month. Also in the line were chatters of India’s record gold buying of near 160 tons in March. It’s worth mentioning that India and China are the world’s biggest gold consumers and hints of increased buying from the key customers should help the bullion that recently cheered the US dollar weakness.

Gold struggles to extend the heaviest weekly gains of 2021 while taking rounds to $1,775 during the initial Asian session trading on Monday. Even so, weekend news of China’s push for gold imports and the persistent US dollar weakness favor the yellow metal buyers despite challenges from geopolitics and the coronavirus (COVID-19).

Gold Price Analysis: XAU/USD looks set to regain $1,800 amid import news, US dollar weakness
April 18, 2021 10:54 GMT | By Anil Panchal
Gold Price Analysis: XAU/USD looks set to regain $1,800 amid import news, US dollar weakness
Gold wavers around two-month top, fades day-start gains off late.
China pushes for gold imports after multiple months of sluggish buying, India’s gold imports also rally.
US dollar eases amid broad risk-on mood, backed by upbeat US data, faster vaccinations.
Challenges to US President Biden’s infrastructure plan, geopolitical worries test the bulls.

Gold Price Analysis: Bulls come up for their last breaths?
April 19, 2021 01:14 GMT | By Ross J Burland
Gold Price Analysis: Bulls come up for their last breaths?
Gold bulls taking the lead in the open and price moves to test resistance.
Key support holding thus far, bulls on track for 1,795 target.

Gold Price Analysis: Bulls come up for their last breaths?
April 19, 2021 01:14 GMT | By Ross J Burland
Gold Price Analysis: Bulls come up for their last breaths?
Gold bulls taking the lead in the open and price moves to test resistance.
Key support holding thus far, bulls on track for 1,795 target.

Gold Price Analysis: Bulls come up for their last breaths?
April 19, 2021 01:14 GMT | By Ross J Burland
Gold Price Analysis: Bulls come up for their last breaths?
Gold bulls taking the lead in the open and price moves to test resistance.
Key support holding thus far, bulls on track for 1,795 target.

Only usa can judge the countries as currency manipulators. No one can judge usa as currency manipulators. He is the King of the world. Only their almighty dollar can sanctions the other currency manipulator. Usa is the judge. Usa said you are right. You are safe. Usa said you are wrong, then you will be sanctions. Even you are their closest allies, also can escape from their sanctions.

Thailand and Taiwan could also be named as manipulators this time. Others, including China, Japan, South Korea, Germany, Italy, Singapore, Malaysia and Hong Kong, are likely to join or remain on the Treasury's 'monitoring list' of countries that meet some of the criteria for being labelled as currency manipulators. "With most of the U.S. major trading partners in Asia either being labelled a manipulator or on the monitoring list, there is now less stigma associated with being called out by the U.S. Treasury," said Khoon Goh, head of Asia research at ANZ in Singapore.

Maybank provides full commercial and corporate banking services including financing solutions in Myanmar–The Golden Land.

Maybank established our presence in Myanmar in 1994 when we set up our Yangon Representative Office.

With the opening of Myanmar banking system, Maybank successfully obtained a full branch banking license in 2014 and commenced our banking operations on August 3, 2015.

Maybank is the only Malaysian Bank to be granted a banking license by the Central Bank of Myanmar.

Maybank Yangon Branch offers wholesale banking services serving foreign corporates/companies, joint ventures, local corporates and Myanmar domestic financial institutions.

The fire of hate is lighted in Burma by the West. Starting burning until War. The West will sitting there watching a beautiful sight to behold.

Burmese in U.S. fight for democracy in Myanmar
By Evan Wright | 14 Apr 2021 | Asia, Future of Democracy, Human Rights, Immigration, Indiana University, Politics, Student Posts, Youth Voices

Myanmar junta taps Russian air power to bomb ethnic rebels
Military raids on Karen and Kachin states sow 'terror' in anti-coup strongholds

Myanmar junta taps Russian air power to bomb ethnic rebels
Military raids on Karen and Kachin states sow 'terror' in anti-coup strongholds

Myanmar junta taps Russian air power to bomb ethnic rebels
Military raids on Karen and Kachin states sow 'terror' in anti-coup strongholds

Post removed.Why?

Post removed.Why?

A fire that engulfed a Chinese-owned clothing factory in Yangon, Myanmar on early Wednesday morning was likely the work of arson as tools were found on the site, an industry insider told the Global Times.

The fire broke out at around 4:37am Wednesday morning at the first floor of the factory, which was owned by JOC Galaxy (Myanmar) Apparel Company, Luo Muzhen, Secretary General of China Textile and Garment Association in Myanmar, told the Global Times on Wednesday.

A fire that engulfed a Chinese-owned clothing factory in Yangon, Myanmar on early Wednesday morning was likely the work of arson as tools were found on the site, an industry insider told the Global Times.

The fire broke out at around 4:37am Wednesday morning at the first floor of the factory, which was owned by JOC Galaxy (Myanmar) Apparel Company, Luo Muzhen, Secretary General of China Textile and Garment Association in Myanmar, told the Global Times on Wednesday.

YANGON: Myanmar troops fired at anti-coup protesters on Wednesday (Apr 7), killing at least 13 people and wounding several, a media outlet said, as a series of small blasts hit the commercial capital Yangon and a Chinese-owned factory was set on fire.

YANGON: Myanmar troops fired at anti-coup protesters on Wednesday (Apr 7), killing at least 13 people and wounding several, a media outlet said, as a series of small blasts hit the commercial capital Yangon and a Chinese-owned factory was set on fire.

The White Power invisible hand will reaches Myanmar soon. After Afghanistan, Iraq and Syria. Now Myanmar next. Next invasion may start.

The White Power invisible hand will reaches Myanmar soon. After Afghanistan, Iraq and Syria. Now Myanmar next. Next invasion may start.

https://www.nationalgeographic.com/history/article/hunting-particles-gold-jungles-southeast-asia

The West bully Iraq because of oil. Then Myanmar is because gold. A gold mine and gold statue.

If the Army is Disbanded Will Myanmar Become Like Libya or Iraq?

If the Army is Disbanded Will Myanmar Become Like Libya or Iraq?

If the Army is Disbanded Will Myanmar Become Like Libya or Iraq?

Renminbi Takes on More Prominent Role in Asian Financial Safety Net
By Wang Liwei and Denise Jia
The CMIM’s $240 billion safety net is made up of pledges of $192 billion from China, Japan and South Korea and $48 billion from the 10 ASEAN countries.
The CMIM’s $240 billion safety net is made up of pledges of $192 billion from China, Japan and South Korea and $48 billion from the 10 ASEAN countries.
Significant revisions to Asia’s $240 billion regional financial safety net went into effect Wednesday, marking a key step toward financial self-reliance for participating countries using local currencies with less dependence on the U.S. dollar.

China, Japan, South Korea and the 10 member countries of the Association of Southeast Asian Nations (ASEAN) agreed last year to amend the Chiang Mai Initiative Multilateralization (CMIM) accord. The changes institutionalize the use of members’ local currencies in addition to the U.S. dollar for borrowings in a financial emergency, the People’s Bank of China said in a statement. In addition, the borrowing limits were raised.

The Covid-19 pandemic increased the need for international cooperation in finance. The ASEAN countries, China, Japan and South Korea adopted the CMIM amendment at a September 2020 meeting of finance ministers and central bank governors. In the face of the coronavirus crisis and its aftermath, strengthening the regional financial safety net is an important complement to the fiscal and monetary support provided by each country, participants in the meeting said in a statement.

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Overseas Funds Are Loving Malaysia Glove Stocks Again After Selloff
By Tien Hin Chan
7 April 2021, 8:29 am GMT+8
Updated on 7 April 2021, 5:10 pm GMT+8
Top Glove, Supermax top net buy list of foreigners: CGS CIMB
Glove stocks still have significant value, Kenanga says
Employees check latex gloves in the watertight test room at a Top Glove factory in Malaysia.
Employees check latex gloves in the watertight test room at a Top Glove factory in Malaysia. Photographer: Samsul Said/Bloomberg
Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars.

Top Glove Corp. and Supermax Corp. are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of 1.4 billion ringgit ($340 million), according to CGS CIMB Research. Global funds bought a net 189.9 million ringgit of Press Metal Aluminium Holdings Bhd., the brokerage said in a report.

Top Glove, Supermax shares are among the worst performers this year
Shares of glove makers were one of Asia’s hottest pandemic trades for much of 2020 before the rollouts of vaccines around the world weakened their appeal and became targets of short sellers. The three biggest glove stocks, including Top Glove Corp., are the worst performers in Malaysia’s benchmark equity gauge this year.

“There is still significant value to be derived from Malaysian glove players which command 65%-68% of the global market share,” Kenanga Investment Bank Bhd. said in a report. Glove stocks are trading at “unwarranted” 6 times to 10 times 2022 price-earnings ratios and offer dividend yields of 6%-8%, it said.

Top Glove rose 2.9% and Supermax climbed 2.3% at the close on Wednesday. They have slid more than 50% from their October peaks, dragging valuations to rock bottom levels. Top Glove trades at about six times forward 12-month earnings, versus its one-year mean of 15.3 times. Supermax is priced at 3.8 times compared with its average of 15 times, Bloomberg-compiled data show.

Pressure on Top Glove deepened late last month when the U.S. Customs and Border Protection ordered personnel at U.S. ports of entry to seize its gloves made in Malaysia over allegations of forced labor.

That fueled concerns over its environmental, social and governance practices that have come under greater scrutiny in industries including palm oil. In contrast, Press Metal’s stock is the top gainers on the main index as its focus on ESG has made it a favorite among investors.

(Updates with closing prices.)
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Is the Fed hiding something? Why weekly money supply data just got discontinued - Steve Hanke

(Kitco News) - The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly.

Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world's largest central bank on the importance of looking at money supply.

"Chairman Powell has very explicitly claimed that money doesn't matter in recent testimony. He's basically said that money and the measurement of money doesn't really matter because it's unrelated to inflation," Hanke said.

These money supply series have been published since the 1970s, and the fact that the Fed has changed the publishing frequency on M1 and M2 money supply from weekly to monthly demonstrates a change in worldviews, Hanke said.

Is the Fed hiding something? Why weekly money supply data just got discontinued - Steve Hanke

(Kitco News) - The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly.

Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world's largest central bank on the importance of looking at money supply.

"Chairman Powell has very explicitly claimed that money doesn't matter in recent testimony. He's basically said that money and the measurement of money doesn't really matter because it's unrelated to inflation," Hanke said.

These money supply series have been published since the 1970s, and the fact that the Fed has changed the publishing frequency on M1 and M2 money supply from weekly to monthly demonstrates a change in worldviews, Hanke said.

Is the Fed hiding something? Why weekly money supply data just got discontinued - Steve Hanke

(Kitco News) - The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly.

Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world's largest central bank on the importance of looking at money supply.

"Chairman Powell has very explicitly claimed that money doesn't matter in recent testimony. He's basically said that money and the measurement of money doesn't really matter because it's unrelated to inflation," Hanke said.

These money supply series have been published since the 1970s, and the fact that the Fed has changed the publishing frequency on M1 and M2 money supply from weekly to monthly demonstrates a change in worldviews, Hanke said.

Print unlimited almighty dollar. Dollar to the rescue.

The latest batch of $1,400 stimulus checks are sent. Social Security beneficiaries received most of the money
PUBLISHED WED, APR 7 202110:19 AM EDTUPDATED WED, APR 7 20213:21 PM EDT
Lorie Konish
@LORIEKONISH

Print more almighty dollar. The world wanted it.

https://www.presstv.com/Detail/2021/04/03/648668/US-dollar-weakening-China-yuan-analysis

https://www.presstv.com/Detail/2021/04/03/648668/US-dollar-weakening-China-yuan-analysis

White supremacy. White dollar. White bullier.