Sharing some Investing and Economic insights:
FOUR things you need to know this week;
1. Investors’ sentiment was positive last week amid hopes that the pace of interest rate rises is starting to slow.
2. In the meantime, all eyes will be on interest rate decisions from key central banks. US Fed, Bank of England, Australia’s RBA are expected to deliver rate hikes this week. At home, investors are cautiously waiting for interest rate announcement from BNM – though it is unlikely.
3. Tony Fernandes steps down as Group CEO of AirAsia X – and said now he will focus on Capital A Bhd.
4. Raiz is about helping you save & invest more – being able to save 5% of your salary is better than earning 5% return. Having a disciplined savings habit can help improve your financial position quicker (than spending time choosing the best fund manager).
Do you know?
World’s largest iPhone factory is in China. It is run by Foxconn, a Taiwan-based company, which acts as the largest supplier to US-based Apple.
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