The EU & The Warning Signs Of Fascism

Authored by Kit Knightly via OffGuardian.com,

Things are spiralling out of control in Europe, faster than many predicted. Outside of Brexit, there is strong anti-EU feeling in Hungary, Spain, Italy, Greece and France. The EU is in danger of crumbling,…

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FBM KLCI gets firm push from banking stocks

KUALA LUMPUR (Dec 12): The FBM KLCI is looking set to reverse the losses the benchmark index suffered yesterday, mainly lifted by gains at banking counters like CIMB Group Bhd, Hong Leong Bank Bhd and Public Bank Bhd.
At 3.04pm, the FBM KLCI was up 12….

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MyEG drops to lowest in five months

KUALA LUMPUR (Dec 12): My E.G. Services Bhd shares fell 11 percent, more than any full-day drop since Oct 19, while Malaysia’s benchmark index advanced.
Market Metrics
* Shares declined to 90 sen, lower than any close since July 12, from RM1.01 in the …

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The Riots In France Are Not Just About Taxes

Authored by Robert Wheeler via Daisy Luther’s Organic Prepper blog,

The recent protests in France seem to have caught everyone by surprise, particularly the French government. Macron’s government seems to have underestimated the demonstrations and the…

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Najib leaves court complex, declines to speak to reporters

KUALA LUMPUR (Dec 12): Former prime minister Datuk Seri Najib Razak left the Kuala Lumpur Courts Complex at 12.12pm after facing a charge over a 1Malaysia Development Bhd (1MDB) audit report.
Najib, attired in a navy blue lounge suit, flashed a smile b…

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Property developers preparing for aged society

The rise of Thailand’s ageing population has driven several property developers to team up with major hospital operators to provide a full scope of care facilities and services for senior retirement.

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Carimin, Kossan, London Biscuits

KUALA LUMPUR (Dec 12): theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia’s afternoon market close today. Two showed positive momentum while one had negative momentum.
Stocks with positive momentum were:
Carimin Petroleum Bhd –…

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Malaysia October IPI up 4.2% on-year

KUALA LUMPUR (Dec 12): Malaysia’s Industrial Production Index (IPI) rose 4.2% year-on-year (y-o-y) in October, driven by the manufacturing, electricity and mining sectors, official data released on Wednesday showed.
IPI, which measures real production …

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KLCI rises 0.82%, aims to breach 1,700

KUALA LUMPUR (Dec 12): The FBM KLCI rose 0.82% at the midday break and aimed to breach the 1,700-point level, in tandem with the regional rally.
At 12.30pm, the FBM KLCI rose 13.5 points to 1,666.13.
Gainers trailed losers by 334 to 338, while 284 coun…

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The China Agenda Behind Trump Leaving the INF Treaty

Authored by Richard Bitzinger via The Asia Times,

A recent decision by the Trump administration could have major implications for defense and security in Asia, although you could be forgiven for missing it, what with the Democratic landslide in the mi…

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Ringgit volatility drops on global trade optimism

KUALA LUMPUR (Dec 12): A gauge of expected volatility in Malaysia’s ringgit fell for the first time in three days as risk aversion eased amid signs US-China trade relations are improving.
* USD/MYR 1-month implied volatility drops 0.17 vol to 6.15
* Sp…

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May faces angry MPs with Brexit deal in limbo

LONDON: Prime Minister Theresa May faces an angry parliament Wednesday after delaying a key vote on her Brexit deal in a desperate move that leaves the agreement and her own future in limbo.

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Deutsche Bank Raises Odds That UK Government Will Collapse

Shortly before the first headlines claiming that the conservatives’ 1922 Committee had finally reached the 48-letter threshold to call a no confidence vote in Theresa May hit the tape, Deutsche Bank analysts published an extremely timely update to its …

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Can The ‘Yellow Vests’ Protests Go Global?

Authored by Mike Krieger via Liberty Blitzkrieg blog,

When it comes to the relationship of U.S. citizens to the politicians and bureaucrats in Washington D.C., there’s no indication that anything remotely resembling self-government is happening. Rath…

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Malaysia Oct manufacturing sales up 10.2% y-o-y to RM73.1b

KUALA LUMPUR (Dec 12): Malaysia’s October 2018 manufacturing sales rose 10.2% year-on-year to RM73.1 billion from RM66.3 billion, said the Department of Statistics Malaysia.
In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said …

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Know your NEM: Wind and solar is boosting competition

The wind and solar boom is clearly adding to competition, but 5GW of battery storage in coming years will really focus the minds of incumbent utilities.
The post Know your NEM: Wind and solar is boosting competition appeared first on RenewEconomy.

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Mid-West a frontrunner in new hydrogen economy

A McGowan Government-led forum today in Geraldton is examining opportunities to attract clean hydrogen projects to the Mid-West region.
The post Mid-West a frontrunner in new hydrogen economy appeared first on RenewEconomy.

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Canadian Personal Bankruptcies Are Surging At Breakneck Speeds

The shock of rising interest rates isn’t just affecting the macro picture and grinding the US economy to a halt, but it is also having profound effects globally. In Canada, personal bankruptcies are on the rise as household debt lingers at, or above, a…

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Trump says would intervene in arrest of Chinese executive

WASHINGTON (Dec 12): U.S. President Donald Trump said on Tuesday he would intervene with the U.S. Justice Department in the case against a Chinese telecommunications executive if it would help secure a trade deal with Beijing. 
“If I think it’s good fo…

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