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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

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
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Wall Street’s ‘Trump Trades’ Power Ahead as Investors Bet on Pro-Business Agenda



US stocks continued a winning streak, with the S&P 500 topping 6,000 points and the Russell 2000 rising 1.5% as investors backed economically sensitive trades set to benefit from President-elect Donald Trump’s pro-business policies. Key drivers included expectations of tax cuts, deregulation, and a potential shift from tech to sectors like banks and energy.

Bitcoin surged to a record high of $87,000, and Tesla Inc. extended its rally with a 9% jump. The US dollar hit a one-year high, supported by confidence in Trump’s economic agenda and upcoming inflation data that could guide Federal Reserve decisions. Market sentiment also bolstered hopes for year-end gains, with the S&P 500 potentially poised to hit new highs.

While corporate earnings remain strong, analysts warn that further market growth depends on bond market behavior. The Fed’s rate path and yields nearing 5% could impact risk assets, adding uncertainty.

Cryptos & Commodities: Bitcoin rallied 8.9%, while Ether rose 5.9%. Commodities saw declines, with WTI crude down 3% and gold dropping 2.3%.

Market Highlights This Week:

  • US CPI data on Wednesday to influence Fed policy
  • Fed speakers and Disney earnings expected Thursday
  • China’s retail data on Friday
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