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ARM's Big Bet On Malaysia: Can The Nation Meet The Challenge?
Friday, February 28, 2025 - 10:00am | 428Arm Holdings Plc (NASDAQ:ARM) is looking to put down roots in Malaysia, signaling a major shift in the global semiconductor landscape. Prime Minister Anwar Ibrahim confirmed the news, calling it a development that could propel Malaysia into the high-tech big leagues, reported Free Malaysia Today....
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China Escalates Trade Dispute, Lodges Complaint With WTO Over European EV Tariffs
Tuesday, November 5, 2024 - 2:35pm | 440China escalated its trade dispute with the European Union (EU) on Monday by lodging a formal complaint with the World Trade Organization (WTO) regarding the EU’s recently imposed tariffs on Chinese-made electric vehicles. The Details: China’s diplomatic mission to the WTO said it "...
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Malaysia Announces National Cloud Policy And AI Regulations As Google Breaks Ground On Its New $2B Data Center
Tuesday, October 1, 2024 - 1:49am | 748Malaysia’s Prime Minister Anwar Ibrahim announced the introduction of a national cloud policy and artificial intelligence regulations on Tuesday, coinciding with significant investments by global tech giants in the country. What Happened: The announcement coincides with a surge of investments...
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Tesla Gets More Signals From Malaysia As Prime Minister Offers Path To Upstream Success: 'We ... See Synergy'
Monday, August 21, 2023 - 8:45am | 480Tesla, Inc. (NASDAQ:TSLA) is poised to broaden its global presence, with Malaysia showing a keen interest in providing a stronger foothold for the electric vehicle manufacturer, according to statements from the country’s Prime Minister, Anwar Ibrahim. What Happened: In a recent...
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Goldman Sachs Faces Potential Lawsuits As Malaysia's PM Targets 1MDB Settlement
Monday, August 21, 2023 - 3:08am | 562Malaysia’s Prime Minister, Anwar Ibrahim, is adamant about retrieving the funds Malaysians are due from the infamous 1MDB money laundering scandal, hinting at the possibility of lawsuits against Goldman Sachs (NYSE:GS). According to a CNBC report on Sunday, Anwar criticized Goldman...
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Tesla, SpaceX Heading To Southeast Asia Next? Elon Musk Connects With Malaysian Premier On Possible Investments
Friday, July 14, 2023 - 5:19am | 467On Friday, Malaysian Prime Minister Anwar Ibrahim held a discussion with Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), regarding the automaker’s investment in Malaysia and the potential of SpaceX‘s Starlink service in the country. What Happened: Anwar confirmed the conversation with Musk...
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Malaysia PM 'Ready To Negotiate' With Xi Jinping Over Disputed South China Sea
Monday, April 3, 2023 - 6:14am | 396Malaysian Prime Minister Anwar Ibrahim offered to negotiate with China over the disputed South China Sea. What Happened: Malaysian state news agency Bernama on Monday cited Anwar saying, "China is also staking claim over the area. I said as a small country that needs oil...
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This Currency Became The Best Performer In Asia After A New Leader Took Over The Country
Friday, November 25, 2022 - 8:29am | 347Following the appointment of Anwar Ibrahim as Malaysia’s new prime minister, the Ringgit jumped for the second day in a row by as much as 0.9% against the dollar, making it the best-performing currency in Asia, according to a Bloomberg report. On Thursday, the Malaysian currency appreciated 1...
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Believe It: Malaysia Election Result Boosts Rare Earths ETF
Monday, May 6, 2013 - 1:47pm | 485It is safe the Market Vectors Rare Earth/Strategic Metals ETF (NYSE: REMX) was not the first ETF traders and investors were looking to as a way of profiting from Malaysia's election results, but there is no denying the downtrodden fund is up nearly 2.3 percent Monday. What might come as even...
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Malaysia ETF Hits All-Time High on Election Results
Monday, May 6, 2013 - 12:04pm | 701Shares of the iShares MSCI Malaysia Index Fund (NYSE: EWM) are soaring 5.8 percent Monday and are near all-time highs as traders in the U.S. digested news of Prime Minister Najib Razak's victory in elections held in the Asian nation over the weekend. Razak's National Front coalition captured 127...
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Ahead of Election, Malaysia ETF Hits New High
Tuesday, April 9, 2013 - 2:26pm | 597Just weeks ahead of the country's next general election, the iShares MSCI Malaysia Index Fund (NYSE: EWM) is printing new 52-week highs as the country's current prime minister is increasing handouts in an effort to retain power. On Tuesday, the iShares MSCI Malaysia Index Fund is higher by 1.2...