Alibaba: It’s Gonna Get Worse

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🇨🇳 🇨🇳 Alibaba—It’s Gonna Get Worse: Alibaba has shuttered its quantum computing research lab, a sign that the Chinese e-commerce and cloud operator is considering more cutbacks to bulk up the bottom line
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UK Urged To Boost Prodictivity

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🇬🇧 🇬🇧 Britain Urged to Set Up OBR-Style Body to Boost Productivity. Leading economists call for statutory productivity institute. Push comes as UK is warned of historic hit to living standards
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Malaysia Limits Subsidies

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🇲🇾 🇲🇾 BREAKING: Malaysia will start limiting subsidies on the most commonly used variety of gasoline to only the most needy from the second-half of 2024, as the government seeks to narrow a budget gap that’s among the widest in Southeast Asia
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AUD Surges

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🇦🇺 🇦🇺 BREAKING: AUD/USD – Rises To 0.66, Highest Level Since August
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Understand The Market Do Not Question It

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“If so called experts do not understand why markets are down because of weak Chinese industrial profits, then these same experts will not understand why AI has caused the Nasdaq to surge”
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Deutsche Cuts German 2024 GDP Forecast

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🇩🇪 🇩🇪 Deutsche cuts German 2024 GDP forecast by a whopping 0.5ppts to -0.2% due to the budget crisis following the Constitutional Court hearing
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Goldman Sees Aluminium Deficit

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🚨 🚨 BREAKING: Aluminium Climbs As Goldman Sees Higher Prices On Larger Deficit in 2024 because of constraints on Chinese supplies
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GBP Traders Take Note

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🇬🇧 🇬🇧 GBP Traders Take Note: BOE’s Bailey: It is too soon to discuss about cutting interest rates. Getting inflation down to 2% will be hard work. A lot of the recent fall in inflation is due to unwinding of energy cost surge
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Malaysians Wait For “Reformasi”

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🇲🇾 🇲🇾 Malaysians Wait For Reformasi: Supporters of Datuk Seri Anwar Ibrahim ended their 24-year wait to see him finally take Malaysia’s highest office in November 2022. Now They Are Waiting For “Reformasi” – the galvanising political movement sparked by his downfall that promised social justice and democratic reforms
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Gen Z Is “House Hacking”

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🏠 🏠 Gen Z, millennials are ‘house hacking’——The term “house hacking” refers to the practice of renting out a portion of your home or an entire property for an additional stream of income
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