104456261
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Key Takeaways:
• All three major US indices fell for a second straight session
• FBM KLCI broke to a fresh 14-month high, closed at 1643.72
• Malaysia's October IPI surged 6.0% y-o-y, the strongest growth since September 2022
• Stocks to watch: Poh Kong Holdings, Ann Joo Resources, etc.
🇺🇸Wall Street Summary
$S&P 500 Index (.SPX.US)$ 6,816.51 (-0.16%)
$Dow Jones Industrial Average (.DJI.US)$ 48,416.56 (-0.09%)
$Nasdaq Composite Index (.IXIC.US)$ 23,057.41...
• All three major US indices fell for a second straight session
• FBM KLCI broke to a fresh 14-month high, closed at 1643.72
• Malaysia's October IPI surged 6.0% y-o-y, the strongest growth since September 2022
• Stocks to watch: Poh Kong Holdings, Ann Joo Resources, etc.
🇺🇸Wall Street Summary
$S&P 500 Index (.SPX.US)$ 6,816.51 (-0.16%)
$Dow Jones Industrial Average (.DJI.US)$ 48,416.56 (-0.09%)
$Nasdaq Composite Index (.IXIC.US)$ 23,057.41...
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$BMS (0385.MY)$ The horse is in good condition, grazing every day.
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$BMS (0385.MY)$ The expert stated: This stock has the potential to soar to Rm1 within the next two years..
I am that expert.
I am that expert.
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$ZETRIX (0138.MY)$ Malaysia Sees Surge in 'Stablecoin' Activity: Capital A Partners with Standard Chartered to Enter Digital Asset Race
Recently, Malaysia’s fintech sector has been witnessing a wave of 'stablecoin' activity, marking a significant step forward for the country in digital asset innovation.
Following the announcement by a company under the Regent of Johor, Tunku Ismail, to launch the ringgit-pegged stablecoin RMJDT, AirAsia's parent company, Capital A (CAPITALA 5099), quickly followed suit, announcing a partnership with Standard Chartered Bank Malaysia to jointly explore the development and testing of ringgit-denominated stablecoins.
According to a joint statement released by both companies on Friday, this collaboration will take place under the framework of Bank Negara Malaysia’s Digital Asset Innovation Hub (DAIH).
Standard Chartered Bank Malaysia will act as the issuer of the stablecoin, while Capital A and its extensive ecosystem will focus on developing, testing, and piloting real-world enterprise (wholesale) use cases.
The initiative aims to enhance domestic liquidity and operational efficiency in Malaysia, paving the way for next-generation financial services.
Capital A's CEO, Tan Sri Tony Fernandes, views this move as a step towards transforming the company into a technology-driven ecosystem...
Recently, Malaysia’s fintech sector has been witnessing a wave of 'stablecoin' activity, marking a significant step forward for the country in digital asset innovation.
Following the announcement by a company under the Regent of Johor, Tunku Ismail, to launch the ringgit-pegged stablecoin RMJDT, AirAsia's parent company, Capital A (CAPITALA 5099), quickly followed suit, announcing a partnership with Standard Chartered Bank Malaysia to jointly explore the development and testing of ringgit-denominated stablecoins.
According to a joint statement released by both companies on Friday, this collaboration will take place under the framework of Bank Negara Malaysia’s Digital Asset Innovation Hub (DAIH).
Standard Chartered Bank Malaysia will act as the issuer of the stablecoin, while Capital A and its extensive ecosystem will focus on developing, testing, and piloting real-world enterprise (wholesale) use cases.
The initiative aims to enhance domestic liquidity and operational efficiency in Malaysia, paving the way for next-generation financial services.
Capital A's CEO, Tan Sri Tony Fernandes, views this move as a step towards transforming the company into a technology-driven ecosystem...
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$GAMUDA (5398.MY)$ is it worth to buy it
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$BMS (0385.MY)$ This horse rushed out in the morning, only to go back to eat grass... 🤭
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