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| China equities record biggest gain in 14 months on Tuesday amid authorities' all-out |
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Posted by: superadmin - 02-07-2024, 10:57 AM - Forum: Business, Economy and Investment
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China equities record biggest gain in 14 months on Tuesday amid authorities' all-out effort to stabilize market
Chinese stocks on Tuesday have reportedly recorded the biggest gain in 14 months, reversing some of the losses after a straight six-day dip and a spiraling January, with the benchmark Shanghai Composite Index rebounding 3.23 percent to close at 2789.49 points, and the Shenzhen Component Index and ChiNext Index all soaring over 6 percent.
The recovery comes as state-owned Central Huijin Investment - deemed as a key player in the "national team" - pledged on Tuesday to ramp up investment in the A-share market, a timely boost to defuse looming liquidity stress, and as China's top securities regulator has recently mulled over what some industry insiders dubbed as an "all-out effort" to shore up market and crack down on illicit conducts.
Analysts said these concrete measures have sent a clear signal of Chinese authorities' steadfast resolution to safeguard the stability of the capital market and foster its healthy development. Tuesday's rally also mirrors investor's recovering confidence in Chinese equities, which analysts believe "could have gradually stabilized" as it took some time for the market to digest panic sentiment, and jotted investors have calmed to some extent with a raft of robust policy support.
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| Time to leave Umno behind |
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Posted by: superadmin - 02-07-2024, 09:19 AM - Forum: Politics
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The political drama around the royal pardon issue regarding our ex-prime minister Najib Razak continues to play out. It has a bewildering array of actors, and even more clowns. Perhaps it’s a circus rather than a drama.
I’m however content to just be writing a snarky review of said drama (or perhaps circus) from the comforts of my chair. It’s safer that way.
The pardon decision clearly made nobody happy. But such is Malaysian politics where there’s a philosophy, popularised by our ex-prime minister Dr Mahathir Mohamad, that when everybody is unhappy, then perhaps you’ve made the right decision.
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| Signs and science of happiness |
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Posted by: superadmin - 02-06-2024, 10:49 AM - Forum: General Discussion
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WHO does not want to be happy? The real challenge, however, is to identify what makes one happy. Some are happy to make sacrifices and see others happy. Their happiness is rooted in their altruistic behaviour.
In contrast, others want to have pleasure and happiness for themselves – irrespective of anyone else being happy – which is a characteristic of hedonic behaviour.
Some want to be happy in this world and others patiently wait for eternal happiness in the life hereafter. For the latter group, happiness is more than a fleeting feeling or an ephemeral passion.
Aristotle, in the 4th century BCE, propounded happiness as an “activity of the soul that expresses virtue.” To him, happiness is the product of a life well lived, the summation of a full, flourishing existence, and sustained until the end to make “a complete life” – a life with purpose.
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| Cancer fourth leading cause of death in Malaysia - DOSM 2023 report |
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Posted by: superadmin - 02-05-2024, 11:49 AM - Forum: Health News
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CANCER is the fourth leading cause of death in Malaysia, increasing from 10.5 per cent in 2021 to 12.6 per cent in 2022, according to the Department of Statistics Malaysia (DOSM) 2023 report.
Health Minister Dr Dzulkefly Ahmad today said that based on Malaysia's 2023 Health Facts, cancer is also a leading cause of death in private hospitals, accounting for 26.44 per cent and the fourth leading cause of death in government hospitals (9.29 per cent).
"This high mortality can also be linked with the detection of the disease at advanced stages, namely stages three and four, which account for over 60 per cent of all reported cancer cases, according to a report by the Malaysia National Cancer Registry report," he said in a statement.
According to the registry, 168,822 new cancer cases were reported over five years from 2017 to 2021.
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| Clarify stance on 1MDB scandal, DAP told |
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Posted by: superadmin - 02-05-2024, 11:44 AM - Forum: Stop Corruptions
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PETALING JAYA: DAP must clarify its stance on the 1MDB scandal following the Federal Territories Pardons Board’s decision to commute former prime minister Najib Razak’s sentence in the SRC International case, says former Bangi MP Ong Kian Ming.
In a statement, Ong said DAP had extensively used the 1MDB scandal in its campaigns for the 2018 and 2022 general elections.
“This (clarification) must include taking a firm position that the ongoing 1MDB cases against Najib should continue and not experience the same fate as the conditional discharge granted to deputy prime minister Ahmad Zahid Hamidi (in his Yayasan Akal Budi case),” he said.
Last Friday, it was announced that Najib’s prison sentence had been reduced from 12 years to six. His fine was also reduced from RM210 million to RM50 million. However, if he fails to settle the fine, a year will be added to his sentence, the board said.
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![[Image: 02421ce2-f3af-4c1c-ad14-9d651f319f75.jpeg]](https://www.globaltimes.cn/Portals/0/attachment/2024/2024-02-06/02421ce2-f3af-4c1c-ad14-9d651f319f75.jpeg)
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