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Big news, Paradiso $PARAMON(1724.MY$Acquisition of Green Shengshi International for RM170 million $EWINT(5283.MY$21.54% equity, thereby expanding the industrial sector.
Looking forward to the future, the company said it will cooperate with Lushengshi International and bring new effects through the expertise of both parties.
$ECOWLD(8206.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
Looking forward to the future, the company said it will cooperate with Lushengshi International and bring new effects through the expertise of both parties.
$ECOWLD(8206.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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$USD/JPY(USDJPY.FX$
$JPY/USD(JPYUSD.FX$
If the yen continues to plummet as the yen falls to a new low, some investors begin to contemplate an almost unimaginable scenario.
The Japanese authorities' possible intervention has removed the yen from a 34-year low against the US dollar, but if Japan continues to fight alone, the impact on the exchange rate will not last long, and the yen may fall again.
Under these circumstances, it may push the competitive situation between Japan, South Korea, Taiwan, etc. to the peak and put pressure on China, and speculations about the devaluation of the RMB have already surfaced in overseas markets.
Theoretically speaking, the sharp volatile fall of the yen could be a trigger for Japan's neighbors to take extreme actions, even if they have been trying to support the exchange rate rather than allow it to fall until now.
Although this is the opinion of only a few people, and it does not mean that the Asian financial crisis will repeat itself, under the scenario where the US dollar is once again strengthening for a long time, this view still has some support.
“We haven't heard the term competitive devaluation in a long time,” said Guo Henry (transliteration), head of global marketing for the Asia Pacific region at State Street.
However, “if the yen continues to depreciate further sharply, there may be a series of competitive depreciations.”
Although the Asian Central Bank is actively supporting the local currency exchange rate, the decline in the yen was the worst in the region, reducing the export competitiveness of Japan's immediate neighbors.
Even though not all of the reasons for the fall in the yen are under Japan's control, such as Japan and the rest of the world...
$JPY/USD(JPYUSD.FX$
If the yen continues to plummet as the yen falls to a new low, some investors begin to contemplate an almost unimaginable scenario.
The Japanese authorities' possible intervention has removed the yen from a 34-year low against the US dollar, but if Japan continues to fight alone, the impact on the exchange rate will not last long, and the yen may fall again.
Under these circumstances, it may push the competitive situation between Japan, South Korea, Taiwan, etc. to the peak and put pressure on China, and speculations about the devaluation of the RMB have already surfaced in overseas markets.
Theoretically speaking, the sharp volatile fall of the yen could be a trigger for Japan's neighbors to take extreme actions, even if they have been trying to support the exchange rate rather than allow it to fall until now.
Although this is the opinion of only a few people, and it does not mean that the Asian financial crisis will repeat itself, under the scenario where the US dollar is once again strengthening for a long time, this view still has some support.
“We haven't heard the term competitive devaluation in a long time,” said Guo Henry (transliteration), head of global marketing for the Asia Pacific region at State Street.
However, “if the yen continues to depreciate further sharply, there may be a series of competitive depreciations.”
Although the Asian Central Bank is actively supporting the local currency exchange rate, the decline in the yen was the worst in the region, reducing the export competitiveness of Japan's immediate neighbors.
Even though not all of the reasons for the fall in the yen are under Japan's control, such as Japan and the rest of the world...
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US Stock Market Review 22 - 29 Apr 2024
$S&P 500 Index (.SPX.US)$ 1.71% DJI 0.8% Nasdaq 4.2%
$S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ achieved their best week since November due to strong earnings by Big tech companies and recent U.S. inflation figures.
Events to watch:
- Continuation of earnings season from tech giants such as Apple, AMD and Amazon
- 2 May - Federal Reserve’s next interest rate decision
- 3 May - Nonfarm payroll an...
$S&P 500 Index (.SPX.US)$ 1.71% DJI 0.8% Nasdaq 4.2%
$S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ achieved their best week since November due to strong earnings by Big tech companies and recent U.S. inflation figures.
Events to watch:
- Continuation of earnings season from tech giants such as Apple, AMD and Amazon
- 2 May - Federal Reserve’s next interest rate decision
- 3 May - Nonfarm payroll an...
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Happy Weekend. Today will work half a day and I hope the profit will last till the end of the day.
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Hi guys, as title says. There are SO many out there. So far I've got on my list $ISHARES CORE EQUITY ETF PORTFOLIO UNITS CAD(XEQT.CA$ , $VANGUARD INVESTMENTS CANADA INC S&P 500 INDEX ETF(VFV.CA$ , $VANGUARD INVESTMENTS CANADA INC VANGUARD ALL EQUITY ETF(VEQT.CA$ . $ISHARES S&P/TSX 60 INDEX ETF UNIT(XIU.CA$ . $VANGUARD FTSE CDN HIGH DIVID YIELD TRUST UNIT(VDY.CA$ . What else are out there?, Not too concerned on volatility as i'm l...
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Investing is a crucial strategy for growing your wealth, and starting early can maximize its benefits. By investing your money, you can enhance your purchasing power, generate passive income, and take advantage of compound interest. However, it's important to remember that investing comes with risks, including the possibility of losing your money.
Therefore, it is crucial to educate yourself and equip yourself with the necessary knowle...
Therefore, it is crucial to educate yourself and equip yourself with the necessary knowle...
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