Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
Investors are betting on leveraged loans as US interest rates are expected to remain elevated with inflationary policies under President-elect Donald Trump. Major floating-rate debt funds, including Invesco Senior Loan ETF (BKLN) and SPDR Blackstone Senior Loan ETF (SRLN), saw record inflows last week, with BKLN pulling in $576 million—its highest weekly intake in over a year.
Leveraged loans, one of the year’s best-performing credit assets with 7.8% returns, have gained appeal as floating-rate structures allow investors to earn more as rates rise. Many expect Trump’s administration to support inflationary policies, pushing the Federal Reserve to maintain higher rates longer.
"Higher for longer is here to stay," stated John McClain from Brandywine Global Investment Management, highlighting a pro-business outlook and robust US economic growth as favorable conditions for leveraged loans.
Analysts like Winnie Cisar of CreditSights warn against "the everything rally" and recommend caution, noting that prolonged high rates may strain heavily indebted companies. However, Noah Wise from Allspring Global argues that corporate earnings and growth could support the leveraged loan market under Trump, thanks to expected tax cuts, deregulation, and rising inflation.
The small-cap rally is also boosting leveraged loans, as smaller companies commonly issue these loans. Adam Phillips of EP Wealth Advisors describes the current trend as an extension of the "Trump trade" that’s invigorating small-cap stocks.
Ultimately, for investors looking to position for high interest rates, leveraged loans are seen as one of the "purest ways" to capture rate hikes, according to Grant Nachman from Shorecliff Asset Management.
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