<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Malaysia Weekly on March 9, 2020 - March 15, 2020</span></p></div><div>
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New world, new skills

(Nov 14): Bitcoin spiked above US$93,000 (RM417,259) for a short period, as expectations of further interest-rate reductions by the US Federal Reserve (Fed) added to the impetus from President-elect Donald Trump’s pro-crypto stance.

Bitcoin briefly tops US$93,000 on Trump agenda, Fed policy outlook

Up to 2,000 jobs are at risk after British home improvement retailer Homebase called in administrators who immediately sold up to 70 stores, the brand and its intellectual property to The Range owner CDS in a so-called prepack deal.

UK retailer Homebase falls into administration with 2,000 jobs at risk

Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.

Boeing starts issuing layoff notices as planemaker trims 10% of workforce

KUALA LUMPUR (Nov 14): Shares of Johor Plantations Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.

Johor Plantations’ shares rebound, analysts scramble to raise estimates after strong 3Q

US mortgage rates continued to rise, building on a recent run-up after Donald Trump won the presidential election.

US mortgage rates rose again in week after Trump’s victory

New solicitors will represent Muhammed Yusoff Rawther in his sexual assault suit against Prime Minister Datuk Seri Anwar Ibrahim.

New solicitors for Anwar's ex-aide Yusoff Rawther, who is suing PM for sexual assault

LIMA, Peru (Nov 13): Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim on Wednesday stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.

“It’s crucial to shift course slightly and enhanc...

Anwar launches Yinson’s solar park in Peru, calls for robust collab to tap new Global South potentials

Indonesia's telecommunication company Indosat Ooredoo Hutchison and its biggest tech company GoTo Gojek Tokopedia GOTO.JK launched on Thursday the development of Sahabat-AI, a large language model ecosystem in Indonesian languages.

Indonesia's Indosat, GoTo launch local-language AI model

Taiwan's central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of US President-elect Donald Trump.

Taiwan central bank sees peril in Trump tariffs

LIMA, Peru (Nov 13): Prime Minister Datuk Seri Anwar Ibrahim said on Wednesday that he is deeply honoured to be conferred the prestigious Order of “The Sun of Peru”, “El Sol del Peru”.

Anwar deeply honoured to receive prestigious order from Peru

<p>South Dakota Senator John Thune, a longtime deputy of Mitch McConnell and an advocate of free trade, won election to lead the Republican Senate majority next year, setting up potential conflicts with President-elect Donald Trump over tariffs and Ukraine aid.</p>


Senate GOP elects Thune as leader, rejecting Musk’s pick

<p>The Thai baht is poised to become one of the most vulnerable emerging market Asian currencies as Donald Trump returns to the White House, given the country’s heavy reliance on trade.</p>


Thai baht most vulnerable in emerging Asia to Trump second term

<p>Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.</p>


Trump wins Republican trifecta as GOP retains house majority

<p>Canadian Deputy Prime Minister Chrystia Freeland said American concerns about Mexico’s trade policy not being in line with its North American allies on China are “legitimate,” and she shares them.</p>


Canada agrees with US concerns about Mexico’s trade with China

<p>China’s economy likely gained momentum last month, with&nbsp;early indicators&nbsp;pointing to a rebound after the government began rolling out stimulus measures in late September.</p>


China’s economy forecast to show modest pick-up after stimulus

<p>Shares of VSTECS Bhd (KL:VSTECS) rose on Thursday after the electronics products distributor reported a surge in quarterly net profit on the back of record-high revenue.</p>


VSTECS shares rally 13% after surge in profit, record revenue

<p>US President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning some allies and making clear that he is serious about reshaping - and in some cases testing - America's institutions.</p>


Trump taps loyalists with few qualifications for top jobs

<p>KUALA LUMPUR (Nov 14): Shares of Swift Haulage Bhd (KL:SWIFT) fell to their 13-month low on Thursday, after the logistics firm reported weaker-than-expected results.</p>


Swift Haulage shares fall to 13-month low after weaker than expected results

<p>LIMA, Peru (Nov 13): Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80km north of Peru’s capital&nbsp;Lima, Prime Minister&nbsp;Datuk Seri Anwar Ibrahim said on Wednesday.</p>


Anwar: Malaysia hopes to contribute to infrastructure development in Peru’s new Chancay Port 

<p>Advanced Micro Devices Inc (AMD) is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence (AI) chips.</p>

<p>“As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%,” the company said in a statement on Wednesday.&nbsp;</p>


AMD cutting about 4% of workforce to focus resources on AI push

<p>KUALA LUMPUR (Nov 14): Methods to end bullying at Universiti Pertahanan Nasional Malaysia (UPNM) and the reasons behind FashionValet Sdn Bhd (FV) investment failure&nbsp;by Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will be among highlights of the Dewan Rakyat sitting on Thursday.</p>


Bullying at Universiti Pertahanan Nasional Malaysia, FashionValet investment failure among focus of Dewan Rakyat on Thursday

<p>LIMA, Peru (Nov 13): Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim on Wednesday stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.</p>

<p>“It’s crucial to shift course slightly and enhanc...

<p>Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated US bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy.</p>


Asian shares wobble on China angst; long-end US bond yields rise with dollar

<p>KUALA LUMPUR (Nov 13): The government is allocating RM7.063 billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MOF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan on Wednesday.</p>


Govt allocates RM7.06b capital injection to finance firms under MOF Inc

<p>LIMA, Peru (Nov 13): Prime Minister Datuk Seri Anwar Ibrahim said Peruvian President&nbsp;Dina Ercilia Boluarte Zegarra has accepted his invitation to visit Malaysia and will do so soon.</p>


Anwar: Peruvian president to visit Malaysia by end-2025

<p>Stocks wavered as speculation the market has run too far after the US election offset bets the Federal Reserve will keep cutting rates.</p>


S&P 500 struggles to extend post-election advance

<p>KUALA LUMPUR (Nov 14): Shares of Johor Plantations Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.</p>


<p>IOI Corporation Bhd (KL:IOICORP) is expected to post a core net profit of between RM280 million and RM320 million for 1QFY2025, up from RM242 million in 4QFY2024, said CIMB Securities.</p>


CIMB Securities sees IOI Corp notching RM280m -RM320m in 1QFY2025 core profit

<p>New solicitors will represent Muhammed Yusoff Rawther in his sexual assault suit against Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>LIMA, Peru (Nov 13): Prime Minister Datuk Seri Anwar Ibrahim said on Wednesday that he is deeply honoured to be conferred the prestigious Order of “The Sun of Peru”, “El Sol del Peru”.</p>
