How many people can do that. The world economy is facing bad luck due to this Bad luck god.

Trump is god. His speech control the market up and down. Not only US but the whole world.

When market turn good, it may going upwards.

"The Malaysian government is in control of the total economy and its balance sheet also looks very strong with investors still viewing the country favourably," he said.

Shan said Malaysia's economy remained buoyant and is expected to end the year with an economic growth of around 4.5 per cent - 5.0 per cent.

"The Malaysian government is in control of the total economy and its balance sheet also looks very strong with investors still viewing the country favourably," he said.

Shan said Malaysia's economy remained buoyant and is expected to end the year with an economic growth of around 4.5 per cent - 5.0 per cent.

"Some economies are actually benefiting from this trade war. If you picked up an Economist magazine last November, it stated that some economies benefiting in the information and communications technology (ICT) and automobile sectors were from Malaysia, Thailand and Vietnam," he told Bernama.

He also foresees the US-China trade war continuing.

"Some economies are actually benefiting from this trade war. If you picked up an Economist magazine last November, it stated that some economies benefiting in the information and communications technology (ICT) and automobile sectors were from Malaysia, Thailand and Vietnam," he told Bernama.

He also foresees the US-China trade war continuing.

Chinese companies relocating operations to Malaysia amid trade war
ECONOMY
Monday, 05 Aug 2019 3:30 PM MYT
image:

KUALA LUMPUR: Companies in China are relocating most of their operations to Malaysia amid the country's trade war with the United States (US).

IQI Global chief economist and Global player Shan Saeed said there were also a slew of Chinese investments going to Vietnam.

Chinese companies relocating operations to Malaysia amid trade war
ECONOMY
Monday, 05 Aug 2019 3:30 PM MYT
image: https://apicms.thestar.com.my/uploads/images/2019/08/05/194304.png


KUALA LUMPUR: Companies in China are relocating most of their operations to Malaysia amid the country's trade war with the United States (US).

IQI Global chief economist and Global player Shan Saeed said there were also a slew of Chinese investments going to Vietnam.

Hong Kong’s Richest Lose $19 Billion as Protests Batter Stocks
By Venus Feng and Pei Yi Mak
August 5, 2019, 6:56 AM EDT
Updated on August 5, 2019, 8:05 AM EDT
City’s equity market has declined for nine consecutive days
Li Ka-shing’s net worth dropped by about 9% in the sell-off

Hong Kong’s Richest Lose $19 Billion as Protests Batter Stocks
By Venus Feng and Pei Yi Mak
August 5, 2019, 6:56 AM EDT
Updated on August 5, 2019, 8:05 AM EDT
City’s equity market has declined for nine consecutive days
Li Ka-shing’s net worth dropped by about 9% in the sell-off

If I'm the government, I immediately declare darurat. Perintah bekurung. If this shit holes out making trouble around, just perintah askar2 to shooting them all. Just like shooting the zombies. No zombies, no infection, no problem.

Monday August 5, 2019
Share on TwitterShare on Facebook12:19:58 pmFion Li
Hong Kong Bureau Chief
fion_li
Train services in the city are still largely disrupted after the morning rush. Here's a roundup of the status as of noon:
Airport Express service is gradually resuming
Island Line: Services between Sheung Wan and Chai Wan stations (including Central) are suspended
Tseun Wan Line: Suspended
Kwun Tong Line: Suspended
West Rail Line: Services between Hung Hom and Austin stations, Mei Foo and Tuen Mun stations are suspended
East Rail Line: Trains aren't running between Kowloon Tong and Sheung Shui stations
Tung Chung Line: Services between Kowloon and Tsing Yi stations have stopped
Tseung Kwan O Line: Services between North Point and Tiu Keng Ling suspended

Psiptek 7145.
NTA : 0.57
Third quarter EPS : 0.12

Hong Kong protesters pelt police station

By AAP
5:31pm Aug 4, 2019
A police station in Hong Kong has become the target of protesters' anger as rallies in two different parts of the city converged into one, with participants gearing up for another night of protracted demonstrations.
Following a rally in the Tseung Kwan O area, some protesters used what appeared to be a long, homemade slingshot to hurl rocks, bricks and other objects at a police station on Sunday night.
They shattered multiple glass windows, authorities said. Demonstrators elsewhere also began to barricade and block roads.

Hong Kong protesters pelt police station

By AAP
5:31pm Aug 4, 2019
A police station in Hong Kong has become the target of protesters' anger as rallies in two different parts of the city converged into one, with participants gearing up for another night of protracted demonstrations.
Following a rally in the Tseung Kwan O area, some protesters used what appeared to be a long, homemade slingshot to hurl rocks, bricks and other objects at a police station on Sunday night.
They shattered multiple glass windows, authorities said. Demonstrators elsewhere also began to barricade and block roads.

Hours after street chaos, more protests loom in Hong Kong
By Joshua Berlinger, CNN

Updated at 0647 GMT (1447 HKT) August 4, 2019

Play Video
Is it safe to visit Hong Kong amidst protests? 01:53
Hong Kong (CNN) — Mere hours after one of Hong Kong's most iconic shopping districts was transformed into a tear gas-filled battleground, protesters are again preparing to take to the streets.
Twin demonstrations are planned for Sunday, one in Tseung Kwan O in the eastern New Territories and another across the harbor in Kennedy Town on the northwestern end of Hong Kong Island. Protesters have also organized general strikes for Monday morning, as well as demonstrations in seven different parts of the city.

Post removed.Why?

The bank, Malaysia’s second largest by assets, was reported to have let go of 10 investment bankers based in Hong Kong due to strong competition, leaving only one to oversee the transition, capital markets publication IFR reported.

In 2017, CIMB sold a 50% equity interest in its international brokerage business to China Galaxy Securities 601881.SS, which owns CGI, creating a cash equities joint venture.

The joint venture includes institutional and retail brokerage, equities research and associated securities businesses in Indonesia, Singapore, Thailand, Hong Kong, India, South Korea, UK and the United States. — Reuters

CIMB shuts HK investment banking operations

KUALA LUMPUR: CIMB Group Holdings Bhd has closed its Hong Kong investment banking (IB) business, citing existing collaboration with its Hong Kong partner in the competitive North Asian market.

Jefferi Hashim, CEO of CIMB Investment Bank said yesterday that with its pan-Asian collaboration with China Galaxy International (CGI), it has recalibrated its investment banking business. The bank said existing clients in Hong Kong will continue to be supported through the collaboration with CGI.

The cost of the Hong Kong protests
Protesters in protective gear holding up a symbolic yellow umbrella and an American flag while marching through the Sha Tin District in Hong Kong earlier in the month. Sights such as these are fuelling speculation about foreign involvement in the ongoing protests.

What has happened in HK is that the protests’ demands have grown exponentially, bordering on calls to be independent and free from China. Tragically, it has also become more violent by the day.

In calling for freedom of speech, citizens who disagreed with the protesters have found themselves beaten up, which seems to go against the grain.


Read more at https://www.thestar.com.my/opinion/columnists/2019/08/04/the-cost-of-the-hong-kong-protests#5ufiIeeq5JjzMwL8.99

Post removed.Why?

ARB公司（ARBB,7181,主板工业产品服务组）获6043万令吉订单，以在沙亚南13区一栋公寓架设物联网（IoT）基建与系统。

根据文告，该公司透过间接独资子公司ARBIOT公司，接获宏毅（PSIPTEK,7145,主板建筑组）子公司的宏毅有限公司的订单，以在一栋13层楼260间公寓和6层楼停车场范围，负责IoT的系统、工程、采购、启用和管理（IoTSEPCM）事务。

ARB公司（ARBB,7181,主板工业产品服务组）获6043万令吉订单，以在沙亚南13区一栋公寓架设物联网（IoT）基建与系统。

根据文告，该公司透过间接独资子公司ARBIOT公司，接获宏毅（PSIPTEK,7145,主板建筑组）子公司的宏毅有限公司的订单，以在一栋13层楼260间公寓和6层楼停车场范围，负责IoT的系统、工程、采购、启用和管理（IoTSEPCM）事务。

ARB公司（ARBB,7181,主板工业产品服务组）获6043万令吉订单，以在沙亚南13区一栋公寓架设物联网（IoT）基建与系统。

根据文告，该公司透过间接独资子公司ARBIOT公司，接获宏毅（PSIPTEK,7145,主板建筑组）子公司的宏毅有限公司的订单，以在一栋13层楼260间公寓和6层楼停车场范围，负责IoT的系统、工程、采购、启用和管理（IoTSEPCM）事务。

Psiptek 7145
NTA : 0.57
Current prices : 0.145

Psiptek 7145
NTA : 0.57
Current prices : 0.145 - 0.17

Psiptek 7145
NTA : 0.57
Current prices : 0.145 - 0.17

GLOBAL liquidity is expected to make its way back into emerging markets (EMs), including countries like Malaysia, if the US Federal Reserve (Fed) pushes for easing of rates.

EMs witnessed billions in funds scurrying out after challenging 12 months as growth prospects in the economies eased and the US equity markets hit new highs.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said lower US interest rates will benefit EM assets, similar to what was experienced during the 2007/2008 global financial crisis.

“It would boost stock and bond prices as global liquidity would be shifted from developed markets to high-yielding countries, especially in Asia and other emerging economies,” he told The Malaysian Reserve (TMR).

The US Federal Reserve has cut interest rates for the first time in more than a decade and signalled its readiness to provide more support as growth slows in the world’s largest economy.

The US central bank cut its key benchmark interest rate by a quarter of a percentage point, to a range of 2%-2.25%, in the first reduction in borrowing costs since immediately after the financial crisis a decade ago.

The US Federal Reserve has cut interest rates for the first time in more than a decade and signalled its readiness to provide more support as growth slows in the world’s largest economy.

The US central bank cut its key benchmark interest rate by a quarter of a percentage point, to a range of 2%-2.25%, in the first reduction in borrowing costs since immediately after the financial crisis a decade ago.

Federal Reserve cuts interest rates by 0.25% – its first in a decade
Fed chief Jerome Powell ‘let us down’, says Trump amid disappointment that rates were not cut harder.

Federal Reserve cuts interest rates by 0.25% – its first in a decade
Fed chief Jerome Powell ‘let us down’, says Trump amid disappointment that rates were not cut harder.

Federal Reserve cuts interest rates by 0.25% – its first in a decade
Fed chief Jerome Powell ‘let us down’, says Trump amid disappointment that rates were not cut harder.

Wholesale banking and Private Wealth solutions in Hong Kong.
About

Maybank Hong Kong has been in operations since February 1962. It is part of the Maybank Group which is the largest banking Group in Malaysia and 4th largest bank by asset in South East Asia with significant presence. It has evolved from a traditional retail bank into a commercial bank offering an extensive range of wholesale banking products including Corporate Lending, Capital Markets, Cash Management, and Trade Finance to large local and multinational corporations. Maybank Hong Kong also provides Private Wealth solutions to eligible individuals.

Public Bank (Hong Kong) Limited (“Public Bank (Hong Kong)” or the “Bank”) is a commercial bank registered under the Banking Ordinance of Hong Kong and under the supervision of the Hong Kong Monetary Authority. Public Bank (Hong Kong) was formerly known as Asia Commercial Bank (“ACB”) and was incorporated in 1934. In May 2006, Public Bank Berhad (“Public Bank”) of Malaysia, through its subsidiary, Public Financial Holdings Limited (“Public Financial”), acquired 100% interest in ACB and subsequently changed its name to Public Bank (Hong Kong) Limited in June 2006 to reflect its association with Public Bank. In October 2008, Public Finance Limited (“Public Finance”) which is engaged mainly in provision of personal and commercial lending, became a wholly owned subsidiary of the Bank as part of the group’s reorganisation. The shares of Public Financial are listed on The Stock Exchange of Hong Kong Limited (Stock Code: 626), and the shares of Public Bank are listed on Malaysian stock exchange. Further information of Public Bank can be viewed at its corporate website (www.publicbank.com.my).

Under the Public Bank Group umbrella, Public Bank (Hong Kong) focuses on the expansion of its retail and commercial banking business and on building its brand name through branch expansion programme, innovative product development and aggressive marketing strategies. The Bank has ratings of A3 long-term and Prime-2 short-term foreign currency and local currency deposit ratings assigned by Moody’s Investors Service. The outlook for all the ratings is stable.

Public Bank (Hong Kong) provides a comprehensive range of retail and commercial banking services and is committed to serve its customers in Hong Kong and Greater China. Currently, the Bank has 32 branches in Hong Kong, 1 branch and 4 sub-branches in Shenzhen and a representative office each in Shanghai and Shenyang in the PRC. The Bank will continue to expand its branch network to serve the customers and public at large wholeheartedly with high quality services.

HONG KONG: Hong Kong on Monday (Jul 29) bore the scars of another night of violent protests with hard hats, umbrellas and water bottles littering some central streets, as Beijing was set to make an announcement on the Asian financial centre's worst crisis since 1997.

In a rare move, the Hong Kong and Macau Affairs Office in Beijing, which has Cabinet-level authority over the former British colony, is due to hold a press conference at 3pm about the unrest gripping the former British colony.

That follows another weekend of clashes between protesters and police, who again fired rubber bullets and tear gas as the demonstrations grow increasingly violent.

HONG KONG: Hong Kong on Monday (Jul 29) bore the scars of another night of violent protests with hard hats, umbrellas and water bottles littering some central streets, as Beijing was set to make an announcement on the Asian financial centre's worst crisis since 1997.

In a rare move, the Hong Kong and Macau Affairs Office in Beijing, which has Cabinet-level authority over the former British colony, is due to hold a press conference at 3pm about the unrest gripping the former British colony.

That follows another weekend of clashes between protesters and police, who again fired rubber bullets and tear gas as the demonstrations grow increasingly violent.


Read more at https://www.channelnewsasia.com/news/asia/china-address-hong-kong-unrest-protests-beijing-11761502

HONG KONG: Hong Kong on Monday (Jul 29) bore the scars of another night of violent protests with hard hats, umbrellas and water bottles littering some central streets, as Beijing was set to make an announcement on the Asian financial centre's worst crisis since 1997.

In a rare move, the Hong Kong and Macau Affairs Office in Beijing, which has Cabinet-level authority over the former British colony, is due to hold a press conference at 3pm about the unrest gripping the former British colony.

That follows another weekend of clashes between protesters and police, who again fired rubber bullets and tear gas as the demonstrations grow increasingly violent.


Read more at https://www.channelnewsasia.com/news/asia/china-address-hong-kong-unrest-protests-beijing-11761502

Older boss go. New boss in. Hopefully bring new changes.

This mean change new big boss??

45 injured after mob attack at Hong Kong MTR station


Men wearing white attacking protesters and commuters at Yuen Long MTR station on Jul 21, 2019


HONG KONG: At least 45 people were injured, with one person in critical condition, after a group of masked men attacked anti-government protesters and commuters at a Hong Kong train station on Sunday night (Jul 21), according to the city's hospital authorities.

The group, many wielding sticks and clad in white T-shirts, flooded into a Mass Transit Railway (MTR) station in the rural Yuen Long district, storming a train and attacking passengers, according to footage taken by commuters and opposition lawmaker Lam Cheuk-ting.


Read more at https://www.channelnewsasia.com/news/asia/hong-kong-yuen-long-mtr-station-masked-men-injured-11741980

45 injured after mob attack at Hong Kong MTR station


Men wearing white attacking protesters and commuters at Yuen Long MTR station on Jul 21, 2019


HONG KONG: At least 45 people were injured, with one person in critical condition, after a group of masked men attacked anti-government protesters and commuters at a Hong Kong train station on Sunday night (Jul 21), according to the city's hospital authorities.

The group, many wielding sticks and clad in white T-shirts, flooded into a Mass Transit Railway (MTR) station in the rural Yuen Long district, storming a train and attacking passengers, according to footage taken by commuters and opposition lawmaker Lam Cheuk-ting.


Read more at https://www.channelnewsasia.com/news/asia/hong-kong-yuen-long-mtr-station-masked-men-injured-11741980

HONG KONG: A group of masked men, many wielding sticks and dressed in white clothes, attacked anti-government protesters and commuters inside a Hong Kong Mass Transit Railway (MTR) station on Sunday night (Jul 21).

At the station in the New Territories district of Yuen Long, screams rang out as protesters who had attended a demonstration earlier in the day were attacked by men in white T-shirts, some armed with poles, as they arrived home.


Read more at https://www.channelnewsasia.com/news/asia/hong-kong-yuen-long-mtr-station-protesters-masked-men-white-11741840

HONG KONG: A group of masked men, many wielding sticks and dressed in white clothes, attacked anti-government protesters and commuters inside a Hong Kong Mass Transit Railway (MTR) station on Sunday night (Jul 21).

At the station in the New Territories district of Yuen Long, screams rang out as protesters who had attended a demonstration earlier in the day were attacked by men in white T-shirts, some armed with poles, as they arrived home.


Read more at https://www.channelnewsasia.com/news/asia/hong-kong-yuen-long-mtr-station-protesters-masked-men-white-11741840

In general, the total trade in Singapore decreased sharply in June. Total imports decreased by 4.8% in June while total exports decreased by 9.3%. On a seasonally-adjusted basis, the total trade decreased by 3.5% in June after growing by 3.5% in May.

It is these weaknesses in the country’s economy that caused the International Monetary Fund (IMF) to slash the growth forecast for the country. The organization expects the economy to grow by 2 per cent this year, down from the previous estimate of 2.3%. This slowdown is blamed on the trade tensions. Surprisingly, Singapore was expected to benefit as more companies move from China.

As a result of all this, the Singapore dollar has weakened significantly against the USD. The pair has risen to 1.3607, which is the highest level since July 11. On the chart below, the price is above the 14-day and 28-day moving averages while the RSI has moved to above the overbought level of 70. The pair will likely continue moving higher to test the 1.3630 level.

Singapore Dollar Falls as Non-Oil Exports Tank in June

However, the Singaporean economy is going through a difficult patch. Data released recently from the country show that the economy is indeed weakening. In May, the country released the GDP data that showed Q1 economy grew by 1.2%, which was lower than the Q4’18 1.3%. In July, data from the statistics office showed that the GDP increased by an annualized rate of 0.1% in the second quarter. This was much lower than the growth of 1.1% that traders were expecting. It was also lower than the Q1 revised growth of 1.1%. The country now expects the economy to grow by between 1.5% and 2.5% this year. However, analysts expect this number to be downgraded.

Today, data from the country showed more weakness. In June, the non-oil exports declined by -17.93%. This was much lower than the -9.90% that traders were expecting. It was even worse than the -16.305 that was released in June. On a MoM basis, the non-oil exports declined by -7.60%, which was lower than the expected -3.90%. On a seasonal adjusted basis, the NODX reached S$12.9 billion in June, which was lower than the S$14 billion released in May.

On the other hand, the Non-Oil Retained Imports of Intermediate Goods (NORI) increased by S$0.6 billion from S$5.3 billion in the previous month to S$5.9 billion in June. This led to the trade surplus to narrow to S$2.4 billion.

The threat to Hong Kong’s vital retail sector will hit its economy at a time when it is already slowing. Retail sales data for June is due for release on August 1, with the value of goods sold having contracted every month since February.

The “industry is worried that these events will damage Hong Kong’s international image as a safe city, a culinary capital, and a shopping heaven,” the association said in a statement.

Hong Kong is beginning to reckon with the economic cost of ongoing protests against the government’s extradition bill, as the disruption risks driving away local shoppers and deterring tourists from mainland China.

The Hong Kong Retail Management Association said Tuesday that “most members” reported a single-to-double-digit drop in average sales revenue between June and the first week of July, when multiple demonstrations converging on major office and retail districts took place.

Economics
Hong Kong’s Economy Starts to Feel the Hit from Protest Chaos
Bloomberg News
July 16, 2019, 11:33 PM EDT
Updated on July 16, 2019, 11:41 PM EDT
Retailers see risk of lower sales as disruption endures
City’s economy is already slowing, retail is contracting