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Salesforce (CRM.US) reported its third-quarter financial results on Tuesday, showcasing strong revenue growth and advancements in AI but falling slightly short on earnings per share (EPS). Here's a breakdown of the key highlights: Key Financial Metrics Revenue: $9.44 billion, exceeding the consensus estimate of $9.35 billion. Up 8% year-over-year (YoY). Earnings Per Share (EPS): Adjusted EPS of $2.41, below analyst expectations of $2.44. Margins: Operating margin: 20%. Non-GAAP operating margin: 33.1%. Cash Flow: Free cash flow increased by 30% YoY to $1.78 billion. Cash flow from operations up 29% YoY. Performance Obligations: Remaining performance obligations (RPO): $26.4 billion, a 10% YoY increase. CEO Remarks Marc Benioff, Salesforce’s chair and CEO, praised the company’s strong performance and highlighted Agentforce , Salesforce’s AI-powered enterprise system. "Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a gro...

Mitsubishi Corp, one of Japan's leading trading houses, has reportedly suffered losses exceeding $90 million (RM402.10 million) due to suspected fraudulent activities by a Shanghai-based copper trader. This incident adds to the growing list of scandals within major commodity trading firms, raising concerns about internal controls in handling billions of dollars in commodities. Details of the Fraud The loss stems from unauthorized trades made by Gong Huayong , a trading manager at Mitsubishi Corporation RtM China Ltd . Investigations revealed that Gong made deals with local companies, some of which were personally linked to him, allowing deferred payments for copper concentrate and refined copper without the company's approval. Mitsubishi dismissed Gong and has filed a criminal complaint against him. Efforts to contact Gong have been unsuccessful, and some reports suggest he left China on business before his actions were fully uncovered. Financial Impact The loss, valued at ¥13...

The US labour market showed signs of a steady slowdown in October, with job openings increasing moderately and layoffs declining, according to the latest Job Openings and Labor Turnover Survey (JOLTS) report released by the Bureau of Labor Statistics on Tuesday. Job openings, a key indicator of labour demand, rose by 372,000 to 7.744 million at the end of October. However, the September figures were revised downward to 7.372 million from the initially reported 7.443 million. Economists polled by Reuters had anticipated 7.475 million vacancies. Labour Market Dynamics While job openings increased, hires dropped by 269,000 to 5.313 million, and layoffs fell by 169,000 to 1.633 million. These figures suggest a gradual cooling of the labour market rather than a sharp contraction. Hurricanes and strikes also impacted October’s labour market data. Rebuilding efforts in storm-affected regions and the resolution of strikes at Boeing and another aerospace company are expected to contribute to a ...

根据美国劳工统计局周二发布的最新《职位空缺与劳动力流动调查》（JOLTS）报告，10月美国劳动力市场显示出稳定放缓的迹象，职位空缺适度增加，裁员减少。 10月底，美国职位空缺数量这一衡量劳动力需求的重要指标增加了37.2万，达到774.4万。然而，9月的职位空缺数据被下调至737.2万，低于最初报告的744.3万。路透社调查的经济学家此前预测职位空缺为747.5万。 劳动力市场动态 尽管职位空缺增加，但招聘人数减少了26.9万，降至531.3万；裁员人数下降了16.9万，降至163.3万。这些数据表明，劳动力市场正在逐步降温，而非出现急剧萎缩。 飓风和罢工也影响了10月的劳动力市场数据。受风暴影响地区的重建工作以及波音公司及另一家航空航天公司罢工的解决，预计将推动11月的就业增长回升。 11月就业报告乐观预测 路透社调查的经济学家预测，11月非农就业人数将增长20万，高于10月仅增加1.2万的微弱增幅，后者是自2020年12月以来的最低水平。失业率预计将从10月的4.1%小幅上升至4.2%。 对美联储政策的影响 即将于周五发布的11月就业报告将在美联储政策制定中起关键作用。由于通胀仍高于美联储2%的目标，该数据可能会影响美联储本月是否连续第三次降息的决定。 随着劳动力市场应对经济不确定性和外部冲击，政策制定者和分析人士将密切关注未来几个月市场是否表现出韧性或进一步疲软的迹象。

Markets are pulling back slightly after hitting highs on Monday, with the S&P 500 and Nasdaq Composite edging lower in early trading. Key Market Moves S&P 500 Index (.SPX.US): Down 0.17% Dow Jones Industrial Average (.DJI.US): Down 0.24% Nasdaq Composite Index (.IXIC.US): Down 0.14% At just past 10:26 AM ET, investors were digesting mixed signals from the markets and economic data. Sector Highlights Wall Street Bets Stocks: Shares of Palantir (PLTR.US) jumped 5% after the company received "FedRAMP High Authorization," enabling the U.S. government to process sensitive but unclassified data with its technology. Crude Oil Futures (JAN5): Held steady at $68. Bitcoin (BTC.CC): Rose slightly to $96,000. Gold and Silver: Both metals climbed amid market uncertainty. U.S. Treasury Yields: The 2-Year and 10-Year yields declined, signaling a cautious tone among bond investors. Economic Data The latest JOLTS report from the Bureau of Labor Statistics showed job openin...

Meta Platforms周二透露，今年围绕生成式人工智能可能扰乱全球主要选举的担忧大多未成现实。根据Meta的报告，该技术在其平台Facebook和Instagram上的影响相对有限。 Meta全球事务总裁尼克·克莱格（Nick Clegg）在新闻发布会上表示，试图利用人工智能传播宣传或虚假信息的协作网络未能获得显著影响力。他补充道，AI生成的虚假信息总量较低，Meta迅速对相关内容进行标记或删除。 AI对公众舆论的有限影响 假消息专家也指出，AI生成的深度伪造（deepfake）和虚假叙述在影响公众舆论方面效果不佳。一些引起广泛关注的例子，包括模仿总统乔·拜登的深度伪造视频和音频，均被迅速揭穿，限制了其传播范围。 克莱格将这一现象部分归因于Meta改进的检测系统。今年，Meta共拆除了约20个隐秘影响行动。然而，他也警告称，不良行为者正转向安全措施较少的平台，或创建自己的网站以规避内容审核。 优化内容审核策略 回顾以往的实践，克莱格承认，在新冠疫情期间，Meta可能在内容审核方面过于严格，导致某些合法内容被误删。Meta已调整了其审核策略，更好地平衡了言论自由和规则执行之间的关系。 “我们觉得自己可能有点过火了，”克莱格坦言。“尽管减少有害内容仍然是优先事项，我们正专注于提升规则执行的精准性和准确性。” 与新一届美国政府的互动 克莱格还提到，Meta首席执行官马克·扎克伯格计划与即将上任的特朗普政府就技术政策进行互动。扎克伯格特别希望参与关于人工智能及美国全球技术领导地位的讨论。 “马克非常愿意在任何政府需要讨论的AI和技术进步议题中发挥积极作用，”克莱格表示。 社交媒体监管的更广泛辩论 Meta的声明发布之际，共和党议员持续批评社交媒体涉嫌审查保守派观点。扎克伯格此前曾在8月致信众议院司法委员会，承认在拜登政府压力下删除内容时存在错误，并对此表示遗憾。 随着人工智能的不断发展，Meta应对这些挑战的方式可能决定未来在数字平台上虚假信息管理与言论自由的平衡走向。

Concerns about generative AI disrupting major elections around the world this year proved largely unfounded, Meta Platforms revealed on Tuesday. The technology had a muted impact on its platforms, Facebook and Instagram, according to the company. Nick Clegg, Meta's president of global affairs, said during a press briefing that coordinated networks attempting to spread propaganda or misinformation using AI failed to gain significant traction. The overall volume of AI-generated misinformation was low, and Meta swiftly labeled or removed such content, he added. AI’s Limited Influence on Public Opinion Misinformation experts have similarly noted that AI-generated deepfakes and false narratives have struggled to sway public opinion. High-profile examples, including deepfake videos and audio clips mimicking President Joe Biden, were debunked quickly, limiting their reach. Clegg attributed part of this to Meta's improved detection systems, which led to the takedown of around 20 covert...

中国四大行业协会罕见地联合发表声明，警告国内企业在购买美国制造的芯片时需“谨慎”，称其“不再安全”。这一呼吁表明，中美两大经济体间的贸易紧张局势进一步升级，并敦促企业优先选择国产替代品。 此声明发布之际，美国刚刚于周一宣布最新一轮针对中国半导体企业的限制措施，目标涉及包括芯片设备制造商北方华创科技集团在内的140家公司。这是美国三年来对中国芯片行业的第三次打压行动。 与此同时，即将于明年1月重返白宫的美国总统当选人唐纳德·特朗普誓言将重新实施对华商品关税，引发与其首任总统任期类似的贸易战。 行业协会联合发声 上述声明由代表电信、半导体和数字经济等关键领域的中国主要行业协会发布，涵盖了6400多家公司。声明批评了美国芯片的不安全性，但未具体说明原因，同时建议国内企业与非美芯片供应商合作，增加国产半导体的使用比例。 中国互联网协会也呼应了这一立场，鼓励企业优先选择中国制造的国内外芯片，尽量避免依赖美国供应商。协会指出，美国持续的出口限制对中国互联网行业造成了“重大损害”。 此外，中国通信企业协会进一步呼吁政府加强对国家关键信息基础设施供应链安全的审查，并强调对美国产品可靠性的担忧。 北京反制：限制稀有矿物出口 同一天，中国宣布限制稀有矿物出口，这些矿物是军事、太阳能和光纤制造等领域的重要材料。白宫发言人对此谴责称，此举是“胁迫性行为”，并重申美国将努力实现供应链多元化以减少对中国的依赖。 对美国芯片制造商的影响 上述警告可能对Nvidia、AMD和英特尔等美国半导体巨头构成重大挑战。尽管面临出口限制，这些公司仍在中国市场保持一定的业务存在。截至发稿，相关公司尚未对此发表评论。 “显然，中国已不再采取谨慎态度，转而公开采取报复行动，”研究机构Trivium China的副总监汤姆·纳恩利斯特表示。 过去的事件已表明美国企业正面临日益严格的审查。2023年，中国以网络安全审查为由禁止美光科技向关键国内行业出售产品，导致该公司收入大幅下滑。同样，英特尔也遭遇压力，中国网络安全协会指责其危害国家安全。 针锋相对 最新事态发展表明，中美贸易紧张进入了新阶段，北京释放信号表明其不再回避采取报复措施。随着两国争夺技术主导地位，全球半导体行业的不确定性进一步加剧。

Chinese companies should exercise caution when purchasing US-made chips, as they are "no longer safe," according to a rare coordinated statement from four of China’s leading industry associations. These organizations are urging businesses to prioritize domestic alternatives, marking an escalation in trade hostilities between the world’s two largest economies. The warning follows the latest round of US restrictions on Chinese semiconductor firms, announced Monday, targeting 140 companies, including chip equipment manufacturer Naura Technology Group. This marks the third crackdown on China’s chip industry in as many years. The tensions come as US President-elect Donald Trump prepares to return to the White House in January, vowing to revive tariffs on Chinese goods, reigniting a trade war reminiscent of his first term. Industry Bodies Take a Stand The associations represent key Chinese sectors, including telecommunications, semiconductors, and the digital economy, encompassing ...

Rising arabica coffee prices have caused financial chaos in Brazil’s coffee market, leaving producers and exporters struggling to manage soaring costs and margin calls. Massive Margin Calls Brazil’s Atlântica Exportação and its sister company Cafebras are seeking 60 days to renegotiate debts to avoid bankruptcy. $7 billion in margin calls were triggered in November as arabica prices surged. Arabica Prices Soar Arabica coffee futures rose 70% this year, reaching the highest levels since 1977. The price surge forced traders to buy back futures, creating a vicious cycle of rising costs . Rising Costs Strain Finances At Montesanto Tavares Group , the cost of hedging skyrocketed to 158% of accounts receivable in November. Companies face unsustainable cash flow problems due to higher borrowing and operational costs. Logistics and Supply Issues Exporters spent an extra $1.2 million on storage and port fees this year. Rising shipping costs and drought conditions threaten to reduce the...

The world’s debt surged by over $12 trillion in the first three quarters of 2024, reaching a record $323 trillion , according to a report by the Institute of International Finance (IIF) . The rise reflects increased borrowing fueled by falling borrowing costs and renewed investor risk appetite . Key Insights Debt Drivers and Projections Sovereign debt is expected to grow by one-third by 2028 , reaching nearly $130 trillion , driven by large government budget deficits. Emerging markets debt is nearing $105 trillion , or 245% of GDP , signaling elevated repayment risks. Debt-to-GDP Trends Global debt-to-GDP ratio stands at 326% , down from its pandemic peak but still historically high. Developed markets face the fastest rising debt service costs , exacerbating fiscal pressures. Environmental Costs Meeting global emission reduction targets could add an extra $38 trillion to global debt by 2028. Risks and Challenges Mini Boom-Bust Cycles : Rising trade tensions and supply-chain disr...

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, driven by bargain hunting in selected heavyweight counters, led by utility and plantation stocks. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) bounced 11.48 points, or 0.72 per cent,  to 1,606.96 from Monday’s close of 1,595.48.  The benchmark index opened 3.84 points higher today at 1,599.32 and reached its lowest point at 1,594.07, before climbing to the day’s peak. Advancers outpaced decliners 683 to 432 on the broader market, with 483 counters unchanged, 817 untraded and 15 suspended. Turnover strengthened to 3.32 billion units valued at RM3.30 billion versus 2.83 billion units valued at RM2.37 billion on Monday. UOB Kay Hian Wealth Advisors' head of investment research Mohd Sedek Jantan noted that the FBM KLCI was supported by gains in utility stocks and...

Asian and European stocks climbed on Tuesday, buoyed by Wall Street’s overnight surge led by tech stocks, while the US dollar softened after Monday’s gains. Market Highlights Asian Markets Japan’s Nikkei 225 rose 1.91% , driven by tech-sector strength. The MSCI Asia Index (ex-Japan) gained 1.16% , while Australia's benchmark hit an all-time high, ending up 0.56% . European Markets Early trading saw the Stoxx 600 up 0.62% , with France’s CAC 40 advancing 0.94% after underperforming on Monday due to political instability. US Futures Both S&P 500 and Nasdaq futures remained flat after reaching record highs on Monday. Key tech stocks: Meta Platforms surged nearly 19% . Tesla jumped 12% but dipped 1% in post-market trading following a Delaware court ruling against Elon Musk's compensation package. Currency Movements The dollar index fell 0.15% , while the euro rebounded 0.24% to $1.0524 and the pound climbed 0.27% to $1.2692 . The Chinese yuan slid to a 13-mon...

Malaysia is keeping a close watch on the potential fallout from Donald Trump's threat to impose 100% tariffs on BRICS nations , according to Tengku Datuk Seri Zafrul Abdul Aziz , Minister of Investment, Trade and Industry. Key Points Malaysia’s Position : Malaysia is a BRICS partner , not a member. The government will monitor developments closely to assess any potential impact on non-member countries. Support for Multilateral Trade : Tengku Zafrul emphasized Malaysia’s commitment to multilateral trade platforms , including the CPTPP . He noted that such frameworks are crucial for boosting economic growth , improving living standards , and maintaining stability . CPTPP and the UK’s Accession : Malaysia welcomed the United Kingdom’s accession to the CPTPP, marking a step toward greater global trade cooperation. The UK will officially become a CPTPP member on Dec 15, 2024 . Broader Context : Trump’s tariff threat stems from concerns over BRICS nations potentially replacing the US dol...

The Malaysian government is set to launch a Cost of Living Indicator (IKSH) to design more targeted subsidy programmes tailored to the specific needs and spending habits of Malaysians, according to Datuk Armizan Mohd Ali , Minister of Domestic Trade and Cost of Living (KPDN). Key Highlights Purpose of IKSH Refines subsidy programmes to ensure aid reaches those most in need. Enhances both existing and future initiatives for better planning and execution. Budget Allocation RM700 million allocated under Budget 2025 to implement new measures aimed at easing the cost of living. Supports region-specific programmes and improves current initiatives for target groups. Targeted Subsidies and Costs Addressing concerns over targeted diesel subsidies, the minister noted that price increases are driven by demand and supply factors , not subsidies. Stakeholders are encouraged to report any suspected price hikes related to subsidies for investigation. Goals of the IKSH Focuses on addressing basic n...

The CBOE Volatility Index (VIX) , known as Wall Street's "fear gauge," and last-hour trading activity have aligned to create a historically bullish environment for the S&P 500 Index (SPX) , according to a note by Dean Christians , senior research analyst at SentimenTrader. Key Indicators VIX Decline Below 14 The VIX measures expected 30-day volatility for the S&P 500. On Friday, it closed below 14 for the first time since August, after previously spiking above 20 during a brief market pullback. Historically, when the VIX drops below 14 after being above 20, the S&P 500 has posted significant gains: Median 1-year gain : 14.2% . Positive outcomes in 25 of 26 instances , with the sole exception in 2015. In the fall of 2023, a similar VIX movement preceded a 10% S&P 500 gain over three months . Last-Hour Trading Surge Traders have been heavily buying in the final hour of trading in 9 of the last 10 sessions. Historically, when this pattern occurs with the S...

Amazon Web Services (AWS) has introduced innovations to make its data centres more energy-efficient, addressing the increasing power demands of server farms. Key updates include: Advanced cooling : Liquid cooling systems to support powerful chips, like Nvidia’s, that traditional fans cannot handle. Sustainable energy : Renewable diesel for backup generators. Optimised design : Server rack layouts to minimise unused power. Amazon plans to invest $75 billion this year in data centre infrastructure, including servers, cooling systems, and its in-house AI chips, which will be unveiled to customers this week at its reInvent conference. Some of these features are already in place, with others to follow in future data centres.

尽管近期业绩表现不一，马来西亚太阳能行业在政府支持、可再生能源需求增长和强劲订单支撑下，展现出良好的长期发展前景。 主要动态 业绩概览 Solarvest Holdings ： 2025财年第二季度净利润增长 28% 至 920万令吉 。 订单从 4.69亿令吉 激增至 9.61亿令吉 ，预示下半年业绩可期。 Samaiden Group ： 2025财年第一季度净利润增长 12.7% 至 334万令吉 。 订单从 3.15亿令吉 增加至 5.21亿令吉 。 表现欠佳者 ： Sunview Group 和 Reservoir Link 在合同转化为收入方面遇到困难。 增长驱动因素 政府支持 ：LSS（大型太阳能）、NEM（净能源计量）和CGPP（绿色能源计划）等政策推动行业扩展。 需求趋势 ：住宅和企业对太阳能安装的需求日益增长。 成本优势 ：全球太阳能板供应过剩抑制价格上涨，提高可负担性。 挑战 合同收入转化延迟。 太阳能板供应过剩给制造商利润率带来压力。 财务报告缺乏分部门透明度，难以评估各业务盈利能力。 分析师观点 2025下半年预期更强劲 ：订单量增加和项目交付将推动盈利增长。 多元化收入模式 ：同时作为承包商和资产所有者的企业，既能从建设收入中获益，又能获得太阳能资产的持续收益。 投资者建议 行业领跑者 ：Solarvest 和 Samaiden 凭借不断增长的订单和政策支持脱颖而出。 谨慎关注 ：需留意执行风险，包括收入转化和成本管理。 长期机会 ：随着马来西亚加速推动可再生能源，太阳能行业为长期投资者提供了吸引力。 在强有力的政策支持和需求上升的推动下，太阳能行业长期发展潜力巨大。

The solar photovoltaic (PV) sector in Malaysia shows strong long-term potential despite subdued recent earnings . Analysts remain confident about the industry's outlook, driven by government initiatives , an expanding order book, and growing adoption of renewable energy. Key Highlights Earnings Snapshot Solarvest Holdings Bhd (KL:SLVEST) : 2QFY2025 net profit rose 28% to RM9.2 million , compared to RM7.2 million a year ago. First-half earnings reached RM17 million, aligning with expectations of RM41 million full-year profit . Order book surged from RM469 million to RM961 million , suggesting stronger performance in the second half. Samaiden Group Bhd (KL:SAMAIDEN) : 1QFY2025 net profit increased 12.7% to RM3.34 million , compared to RM2.96 million a year ago. Order book rose from RM315 million to RM521 million , positioning it for growth in 2HFY2025 . Challenges for Others : Sunview Group Bhd struggled to convert contracts into revenue, while Reservoir Link Energy Bhd reported...

Three US Federal Reserve officials indicated on Monday that they expect interest rates to continue declining over the next year, but stopped short of committing to a rate cut at their upcoming meeting on Dec. 17-18 . Key Remarks from Fed Officials Christopher Waller (Fed Governor) Leaning Towards a Cut : Inclined to support a rate cut in December but emphasized that his decision will depend on upcoming data, particularly on inflation and economic activity. “Policy remains significantly restrictive, and cutting again will mean pressing the brake pedal less hard,” Waller said. Inflation Concerns : Highlighted the risk of inflation stalling above the 2% target , though he sees no evidence of persistent price increases in key service categories. John Williams (New York Fed President) Cautious Approach : Stressed that the path for policy depends on data , emphasizing the uncertainty of the economic outlook . Raphael Bostic (Atlanta Fed President) Keeping Options Open : Said he would wait...

The yen carry trade , an investment strategy that involves borrowing in yen at low interest rates and investing in higher-yielding assets, is regaining popularity after a turbulent year. Despite the risks, low volatility in currency markets and wide interest rate differentials are drawing investors back into the trade. Key Drivers of the Revival Growing Short Positions on the Yen Bearish bets on the yen surged to US$13.5 billion in November, up from US$9.74 billion in October, according to Bloomberg analysis. Investors are leveraging Japan's ultra-low interest rates to fund investments in higher-yielding assets globally. Wide Interest Rate Differentials Bank of Japan (BOJ) : Benchmark rate remains at 0.25% , with potential for only modest hikes. US Federal Reserve : Despite a recent rate cut to 4.5%-4.75% , US yields still far outpace Japan's rates. Profitability of Yen-Funded Trades Yen carry trades targeting major and emerging-market currencies have returned 45% since 20...

The United States launched its third crackdown on China’s semiconductor sector in three years, introducing new export restrictions on 140 companies . This latest effort, announced Monday, aims to curb Beijing's chipmaking ambitions , citing concerns about advancing AI for military use and threatening US national security . Key Highlights New Export Restrictions Targeted Companies : Chinese semiconductor toolmakers, including Naura Technology Group , Piotech , ACM Research , and SiCarrier Technology , face export restrictions. Companies like Swaysure Technology Co. , Si'En Qingdao , and Shenzhen Pensun Technology , which collaborate with Huawei Technologies , have also been added to the Entity List . Advanced Technology Curbs : Restrictions include high-bandwidth memory chips (HBM) critical for AI training and chipmaking tools produced globally by companies in countries like Singapore and Malaysia. US Allies : The rule also impacts non-US firms such as ASM International (Ne...

 Here’s a recap of Monday’s corporate highlights: Sime Darby Property Bhd (KL:SIMEPROP) Data Centre Lease Agreement : Signed a 20-year lease worth up to RM5.6 billion with Pearl Computing Malaysia Sdn Bhd . Location : Facilities at Elmina Business Park , Klang Valley’s largest freehold industrial hub. Strategic Move : Boosts recurring income and investment and asset management (IAM) segment, which contributed 3% of RM3.27 billion revenue in the first nine months of 2024. Yinson Holdings Bhd (KL:YINSON) Joint Venture with PTSC : Secured a 10-year contract worth up to US$416 million (RM1.8 billion) for an FSO vessel in Vietnam. Timeline : Operations begin in 4Q 2026 , with options for a five-year extension. T7 Global Bhd (KL:T7GLOBAL) Pan-Malaysia Contract : Awarded a five-year MCM and HUC contract by Jadestone Energy for Package B3 , running until 2029 . Track Record : Third such contract for T7 Global, following previous awards from ExxonMobil and IPC Malaysia . Pesona Met...

 根据 MIDF Amanah投资银行（MIDF Research） 数据，马来西亚制造业采购经理指数（PMI）降至 49.2 ，为七个月以来的最低水平。这标志着该行业连续第六个月陷入萎缩。 主要亮点 行业疲弱 新订单： 创七个月以来的最大降幅，反映出国内需求疲软。 产量与库存： 进一步下降，显示出普遍存在的挑战。 未完成工作量： 因生产能力受限而趋于稳定，达四个月高点。 出口与供应链趋势 出口订单： 出现增长，可能受亚太地区需求上升推动。 供应链中断： 连续第七个月受阻，红海危机加剧了交货时间的延长问题。 成本压力 大宗商品价格上涨 和 令吉疲软 推高了成本，但投入价格通胀降至九个月低点。 就业与商业信心 就业水平： 尽管面临挑战，但仍保持稳定。 商业信心： 保持稳健，但低于长期平均水平，反映出对国内需求复苏的谨慎态度。 行业前景 疲软的国内需求： 持续拖累整体表现。 外部需求： 出口订单的改善带来一线希望，区域需求上升为行业提供了一定支持。 乐观的复苏预期： 分析人士预计，随着出口需求的增强，生产活动将逐步回升。 分析师观点 马来西亚制造业正应对一系列国内外压力，包括： 疲弱的本地需求。 高企的原材料价格。 全球供应链中断。 然而， 出口需求的复苏 可能在一定程度上缓解这些阻力，为未来数月的逐步改善带来希望。制造商在适应持续的不确定性时，表现出谨慎但仍具韧性。

The Malaysian manufacturing sector recorded its sixth consecutive month of contraction , with the S&P Global Manufacturing PMI falling to 49.2 , the lowest reading in seven months, according to MIDF Amanah Investment Bank Bhd (MIDF Research) . Key Highlights Sector Weaknesses New Orders : Experienced the sharpest decline in seven months , reflecting weak domestic demand. Output and Inventory Levels : Declined further, indicating broad-based challenges. Backlogs of Work : Stabilized, reaching a four-month high , due to limited production capacity. Export and Supply Chain Trends Export Orders : Showed growth, likely driven by rising demand in the Asia-Pacific region . Supply Chain Disruptions : Persisted for the seventh consecutive month , worsened by the Red Sea crisis , causing longer delivery times. Cost Pressures Higher Commodity Prices and the weaker ringgit drove up costs, though input price inflation eased to a nine-month low. Employment and Business Confidence Employment...

周二，受科技股引领的华尔街涨势带动，亚洲市场有望迎来积极开局。期货数据显示东京、上海和悉尼股市将上涨，而香港市场或维持平稳。货币市场与地缘政治发展则为全球情绪增添复杂性。 主要亮点 华尔街动能： 标普500指数： 2024年第54次创新高，上涨 0.2% 。 纳斯达克100指数： 上涨 1.1% ，特斯拉上涨 5.9% ，苹果股价创下新高。 道琼斯指数： 下跌 0.3% 。 美国国债收益率： 10年期收益率上涨2个基点至 4.19% 。 科技限制与中国焦点： 美国加强对中国的芯片和AI组件出口限制， 影响企业包括SK海力士、三星和美光。 中国刺激政策观察： 投资者期待本月政治局会议传递政策信号，11月会议缺乏关键经济政策内容。 美联储影响： 美联储理事沃勒： 表示支持 12月降息 ，掉期市场显示 70%的可能性 下调25个基点。 重要数据： 周五就业报告： 预计将显示美国就业市场在近期中断后出现反弹。 周三美联储主席鲍威尔讲话： 或提供有关通胀和利率政策的重要线索。 欧洲不稳定： 法国市场承压： 马琳·勒庞承诺推翻总理米歇尔·巴尼耶的政府，带来金融和政治不确定性。 欧元： 下跌 1.1% ，反映出市场对法国政治动荡的担忧。 市场展望 亚洲情绪： 华尔街的积极表现和美国降息预期可能提振亚洲股市。 香港市场或因 地缘政治紧张和芯片限制 保持谨慎态度。 “适中”经济： 投资者乐观地认为，美国经济软着陆可能性增加，经济增长支撑企业盈利，同时足够疲弱以支撑美联储降息理由。 12月尾声动力： 历史数据显示，当标普500指数在11月前上涨超过 20% 时，12月通常表现强劲，平均上涨 1.77% 。 投资者关注 股市动能： 亚洲市场可能受益于华尔街的科技股涨势以及年末的季节性利好。 美联储影响： 美国就业数据和鲍威尔讲话将影响市场情绪，并确认降息预期。 地缘政治关注： 关注中国政策信号和欧洲政治不稳定带来的潜在风险。 在 尾部风险与利好共存 的背景下，市场可能以谨慎乐观为主基调，迎接2024年的最后几周。

Asian markets are poised for a positive start on Tuesday, tracking Wall Street's rally led by technology stocks. Futures indicate gains in Tokyo, Shanghai, and Sydney , while Hong Kong remains flat . Currency markets and geopolitical developments are adding complexity to global sentiment. Key Highlights Wall Street Momentum S&P 500 : Notched its 54th record close of 2024 , up 0.2% . Nasdaq 100 : Rose 1.1% , driven by Tesla (+5.9%) and a new peak for Apple . Dow Jones : Fell 0.3% . Treasuries : 10-year yields rose 2 basis points to 4.19% . Tech Restrictions and China Focus The US tightened curbs on chip and AI components to China, affecting companies like SK Hynix , Samsung , and Micron . China Stimulus Watch : Investors await policy signals from this month’s Politburo meeting , as November’s session lacked a key economic policy readout. Fed’s Influence Fed Governor Christopher Waller indicated support for a December rate cut , with swaps pricing a 70% chance of a 25-basis...

英特尔（INTC.US）宣布重大领导层变动，CEO帕特·基辛格在任不到四年后卸任。此举带来了对聚焦产品和战略转型的希望，但华尔街依旧持谨慎态度。股价在周一盘初上涨近 6% 后收跌 0.5% ，反映市场对英特尔未来的不确定性。 领导层变动 新任临时领导团队： David Zinsner （首席财务官）与 Michelle Johnston Holthaus （新任产品部门CEO）将共同担任联合CEO。 聚焦产品： 英特尔独立董事会主席 Frank Yeary 强调了“以产品为中心”的战略，暗示可能弱化对制造业务的重视。 英特尔面临的挑战 制造困境： 基辛格推动的为其他公司提供芯片代工服务的策略备受争议，耗资巨大且意见分歧严重。 未来选择： 保留制造设施（“fabs”），但部分分析人士认为这是“沉重的负担”。 将制造外包，可能与 台积电（TSMC） 合作，但这在 美国芯片法案 背景下充满政治和操作复杂性。 AI领域的劣势： 英特尔在AI热潮中表现不佳，未能抓住推动竞争对手增长的机遇。 战略不确定性： 分析师猜测英特尔是否会拆分其资产（产品与代工业务）或通过合作来提升代工业务的盈利能力。 华尔街反应 Stacy Rasgon（伯恩斯坦）： 预计英特尔仍将面临挑战，短期内难以快速解决。 对英特尔股票维持“市场表现”评级。 C.J. Muse（坎托·菲茨杰拉德）： 强调进一步削减成本和专注于英特尔最强的客户端计算业务的潜力。 建议英特尔可能考虑资产拆分以简化运营。 Chris Caso（沃尔夫研究）： 建议与台积电建立代工合作关系，以提高工厂利用率和盈利能力。 承认这种转变的复杂风险，对英特尔股票维持“同行表现”评级。 更广泛的影响 台积电收益显著： 台积电股价 上涨 5.27% ，反映其在半导体领域的领先地位获得市场认可。 投资者情绪： 投资者对英特尔能否解决制造挑战并在AI等新兴技术领域保持竞争力保持怀疑。 投资者要点 尽管英特尔领导层变动为战略调整提供了契机，但重大挑战依旧： 解决制造业务困境。 在AI领域重新找回竞争力。 通过明确、可执行的计划恢复投资者信心。 无论英特尔选择资产拆分、合作伙伴关系，还是重新专注于产品，其未来将取决于这些策略的成效。然而，前路充满困难和不确定性。

Intel (INTC.US) has announced a major leadership change, with Pat Gelsinger stepping down as CEO after less than four years. While the move brings hope for a sharper focus and possible strategic shifts, Wall Street remains cautious , as reflected in the stock’s 0.5% decline on Monday after initially surging nearly 6%. Key Leadership Changes New Interim Leadership : David Zinsner (CFO) and Michelle Johnston Holthaus (newly appointed CEO of Intel’s products unit) will serve as co-CEOs . Focus on Products : Intel’s independent board chair, Frank Yeary , emphasized a product-first strategy , hinting at a potential de-emphasis on manufacturing . Challenges for Intel Manufacturing Dilemma : Intel’s controversial push to become a chip foundry for other companies under Gelsinger has been costly and divisive. Options moving forward : Retain manufacturing facilities ( “fabs” ), which some view as a "deadweight." Outsource manufacturing, potentially partnering with TSMC —a move fr...