Month: January 2024

This Is True Wealth Creation

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💰 💰 The 5 richest men saw their fortunes rise by 114% between Mar 2020 and Nov 2023, Oxfam found. This elite group’s net worth rose to $869bn from $405bn between 2020 and 2023, the organization said – translating to $14mln an hour
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Foreigners Sell China Stocks

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🇨🇳 🇨🇳 Global funds offloaded 7.9 billion yuan ($1.1 billion) of Chinese stocks in the first two weeks of 2024, after making large purchases in the final week of last year. Sentiment remained downbeat as deflationary pressures persist, while policy support has been underwhelming
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ECB Holzmann: There May Ne No Cuts In 2025

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🇪🇺 🇪🇺 BREAKING: European Central Bank member Holzmann says it’s possible we see “no rate cuts at all in 2024”
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Cannabis: Thailand To Ban Recreational Use

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🇹🇭 🇹🇭 Thailand has proposed a new legislation that would outlaw the use of cannabis except for medical and health-related purposes — an effort to rein in recreational consumption since the nation became the first in Asia to decriminalize the plant
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Singapore Private Home Sales Fall

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🇸🇬 🇸🇬 Singapore new private home sales fell in 2023 to the lowest in 15 years, as housing curbs and weakening economic conditions began to weigh on the market
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2024: Grab The Bull By The Horns

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🧠 🧠 In 2024, the markets will be focused on niche growth areas, making it crucial to choose the right companies and sectors to invest in. Professional guidance is essential for success in this specialized landscape,and we are here to provide the expertise you need
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Gold: A Solid Turnaround

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✨✨ It’s been a solid turnaround in the technical momentum for gold. The near-term bias is now one that is more bullish after having seen sellers hold on to control all through the opening stages of this year
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Indian Stocks At Record Highs

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🇮🇳 🇮🇳 BREAKING: India’s Nifty hits 22,000 & Sensex is above 73,000 for the 1st time ever
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IMF: AI Will Affect 40% Of Jobs

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🧠 🧠 Artificial intelligence will affect almost 40% of global jobs, with advanced economies facing greater exposure than emerging markets and low-income countries, according to an International Monetary Fund analysis
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Malaysian Ringgit: Stay Away

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🇲🇾 🇲🇾 Malaysian Ringgit: Stay Away: RBC sees the Ringgit weakening to $4.75 in the first half of 2024—this is in exact contradiction to local Malaysian banks that have been touting the Ringgit will climb to $4.40 against the Dollar
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