Malaysia: Cabinet Reshuffle

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🇲🇾 🇲🇾 Malaysian Prime Minister Anwar Ibrahim said he is thinking of reshuffling his cabinet, following a local media report that discussions regarding a change in the minister lineup are intensifying
“Thinking about it,” he told reporters briefly in response to questions on Wednesday, as he left an event in Kuala Lumpur. He did not elaborate
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Goldman Teams Up For Private Credit In Asia

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💰 💰 Goldman Sachs Asset Management is teaming up with the Ontario Municipal Employees Retirement System to co-invest in private credit transactions across the Asia Pacific region

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Get Ready For A VR Flood

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🚨 🚨 Google, Apple and Meta Platforms are on the verge of winning approval from US regulators to deploy a new set of mobile virtual and augmented reality devices, including goggles and in-car connections

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UK Home Discounts Surge

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🇬🇧 🇬🇧 London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the largest price cuts nationwide in almost five years

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SpaceX Secures US Govt Contract

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🛰️ 🛰️ Elon Musk’s SpaceX has received its first contract from the US Space Force to provide customized satellite communications for the military under the company’s new Starshield program, extending the provocative billionaire’s role as a defense contractor

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Warning: US Deficit Will Grow By 50% Of GDP

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🇺🇸 🇺🇸 The US is now spending 44% of GDP per year, the same levels as World War 2. Deficit spending alone is a massive 6% of GDP per year. This means that after just ~8 years, the US deficit will grow by HALF of the US GDP

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US 10-Year Yield Trades Above 4.61%

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🚨 🚨 Bond Buyers Take Note: US 10-Year Bond Yields Trade Above 4.61% In Asia

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JGB Yields Surge

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🇯🇵 🇯🇵 The yield on the 10 year JGB has hit its highest since September 2013

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WTI Climbs To Highest Since 2022

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🛢️ 🛢️ West Texas Intermediate oil hit $95 a barrel for the first time since August 2022 after stockpiles at the largest US storage hub dropped to critical levels

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China Evergrande Suspended

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🇨🇳 🇨🇳 BREAKING: Shares of Evergrande have been suspended amid reports its chairman is under surveillance

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