The Daily

KUALA LUMPUR, June 11 — Malaysia has secured RM89.8 billion in approved investments for the first quarter of 2025 (1Q 2025), a steady 3.7 per cent year-on-year increase despite a challenging global economic backdrop.

In a statement today, the Malaysian Investment Development Authority (Mida) said these investments, spread across 1,556 projects in manufacturing,

 » Read more about: Mida: Malaysia secures RM89.8b approved investments in Q1 2025, up 3.7 pc y-o-y  »

Many mutual fund investors, especially the new and inexperienced investors, are extremely concerned about the current volatility and uncertainties in the market. They don’t know whether to bet on the large caps or mid cap or some others. Also, they wonder how they will know when to switch from one category to another when the market mood changes.

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The 2020s could be the weakest decade for economic growth since the 1960s, the World Bank said in a report on Tuesday.

The culprit for the potential bout of sluggish expansion? Tariffs, the organization said.

“Only six months ago, a ‘soft landing’ appeared to be in sight: the global economy was stabilizing after an extraordinary string of calamities both natural and man-made over the past few years.

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 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures waver as US-China trade talks progress, inflation print looms  »

The stock market seems to be betting on more trade breakthroughs and favorable inflation data. But the bond market and CEOs might not be so sure about that.

 » Read more about: CNBC Daily Open: The U.S. stock market could be a little too optimistic  »

The Indian affinity for gold shows no signs of abating. While traditional jewellery still holds emotional and cultural value, modern investors are exploring smarter, tax-efficient formats. “Indian households (especially women) own an estimated 24,000 tonnes of gold jewellery, exceeding the combined official reserves of the U.S., Germany, Italy, France, and Russia. This stockpile equals nearly 40% of the country’s GDP,

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