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Will The $400M food delivery giant ShopeeFood Malaysia Shutdown Soon?? (NYSE:SE - SEA Ltd)
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$400M ShopeeFood Malaysia To Shutdown Soon??
MACRO LONG-READS
Municipal Bonds Suddenly Look Cheap. Some Are Tax Traps | WSJ
Chinaโs Overextended Real Estate Sector Is a Systemic Problem | Michael Pettis
Chinaโs Coming Property Correction: A Managed Soft Landing
China Surprise Data Could Spell R-e-c-e-s-s-i-o-n | Bloomberg
Hard-right Giorgia Meloniโs rise from rough streets to cusp of power in Italy | FT
China emerges as IMF competitor with emergency loans to at-risk nations | FT
The catastrophic risk of a โpeak Chinaโ and โdeclining Americaโ | SCMP
How Malaysiaโs Judiciary Fought Back and Convicted a Former PM | The Diplomat
LAST MONTH: MACRO, MACRO, MACRO!
(randomly sorted in no particular order)
ASEAN:
Ban on e-cigarettes to remain (Thailand)
Indonesian Government is proposing to impose excise on sugar-sweetened beverages
Thailand, Vietnam, Myanmar deepen Russia ties to blunt economic woes
Myanmar's Suu Kyi gets jail with hard labour for election fraud
Sultan of Brunei becomes worldโs longest-serving monarch after Elizabeth IIโs passing
Philippine leader says calling his father dictator `wrongโ
Malaysia:
Should you rush to buy a property with inflation on the rise?
Whoโs willing to use his power? (Malaysia)
Najib applies to recuse Tun Tengku Maimun from hearing his SRC appeal
Najib must apply for royal pardon in 14 days or lose Pekan seat, says Speaker
Few supporters as Najib makes first appearance since jailing
Fulfil our demands or be sacked as Umno veep, party warlords warn PM
Ultimatums and U-turns (Malaysia)
The Sultan of Selangor has revoked Najib and Rosmah's Datukships [Reddit]
USA:
Ray Dalio Does the Math: Rates at 4.5% Would Sink Stocks by 20% | Bloomberg
Burry Re-Ups on Gloomy Prediction: โWe Have Not Hit Bottom Yet' | Bloomberg
Central banksโ anti-inflation missiles make a global debt crisis seem inevitable
Up to one-third of all Australian and US companies could be "Zombies"
Fed rate hikes wonโt bring down inflation as long as government spending stays high, paper says
Fedโs Waller sees โsignificantโ rate hike this month, backs data-dependent approach
Yellen Says No Strong Labor Market in Long Run If Inflation High | Bloomberg
Audit Deal or Not, Many Chinese Companies May Avoid Delisting | WSJ
United States: the crypto ecosystem in danger following the declarations of the SEC
U.S. says Russia oil price cap should reflect historical prices, curb Putin profit
Massive rail strike next week could deal another blow to America's economy
Inflation Reduction Act โwill have no measurable impact on inflation,โ economists say
Biden cancels $10,000 in federal student loan debt for most borrowers [Reddit]
Nobel Prize-winning economist says he doesnโt see anything that resembles a recession in the U.S.
Gasoline price drop restrains U.S. consumer spending; monthly inflation brakes sharply
Biden approval skyrockets โ now higher than Trump, Obama, Clinton, Carter, or Reagan
US Secret Service assistant director leaves agency after aide's explosive Jan. 6 testimony about him
Fedโs QT to Hit โFull Strideโ With Central Bank Shrinking $9 Trillion Portfolio | Bloomberg
Democrat Mary Peltola defeats Sarah Palin in Alaska special election
California asks residents not to charge electric vehicles, days after announcing gas car ban
Ex-NYPD officer who assaulted D.C. officer on Jan. 6 gets record 10-year sentence
US judge pauses review of documents seized from Trumpโs home
Americas:
Lula pushes Brazil-Indonesia-Congo rainforest alliance if elected
A housing crash in Canada, Australia, and New Zealand? It sure looks like it
Real Estate Holdings Drop by Record $322 Billion in Canada | Bloomberg
China:
China trims lending rates again, one week after surprise cuts in key rates
Pandemic Bolsters Chinaโs Position as the Worldโs Manufacturer | WSJ
Foreign Firms Increasingly Targeted by Chinese Coercion, Study Says | Bloomberg
China's navy begins to erase imaginary Taiwan Strait median line
China slowly undercutting US influence in Latin America with 5 โnew factorโ trade deals
More than 200 arrested in China over banking scandal that sparked rare protests
China Arrests Hundreds in Nation's Biggest-Ever Bank Fraud Probe | Bloomberg
Official who led Wuhan pandemic response set to be Chinaโs next top prosecutor, sources say
China will not invade Taiwan within the next five years, Intel CEO predicts
The CCP's top science official is scared for the future of S&T in China [LinkedIn]
Xi to meet Putin in first trip outside China since COVID began
Xi, Putin Building โMore Justโ World Order, Top China Envoy Says | Bloomberg
Chinaโs ponzi-like property market is eroding faith in the state
China's dominance of manufacturing is growing, not shrinking
Faced with an overseas debt crisis, will China change its ways?
Eurozone:
As Ukraine war drags on, Europe's economy succumbs to crisis
What Energy Crisis? Swedish Reactors Cut Output as Prices Plunge | Bloomberg
Kosovo prime minister asks for more NATO peacekeepers amid heightened tensions
EU Plans Emergency Intervention to Stem Surging Power Prices | Bloomberg
Swedish election: far right makes gains but overall result on knife-edge
Magdalena Andersson: Swedish PM resigns as right-wing parties win vote
Romania reportedly fears the Netherlands may again veto its Schengen membership
European gas prices likely to fall sharply this winter, says Goldman Sachs
United Kingdom:
Bill Gross Is Long the Pound After Plunge With Dollar Overvalued | Bloomberg
Can we all eat cake? Political leaders should explain that is pure fantasy
Princess Diana's death may yet have consequences for the royals - Adam Boulton analysis
Boris Johnson: One final show of defiance from outgoing prime minister as he leaves Number 10
Ban on fracking to be lifted as part of Liz Truss's energy plan
Queen Elizabeth Was Second-Longest Reigning Monarch In History (
Under Liz Truss, Things Could Be Harder For Women In Britain
Liz Truss energy and tax plan โwill give richest families twice as much supportโ
US and EU step up pressure on Turkey over Russia sanctions | FT
Kwasi Kwarteng considers scrapping bankersโ bonus cap to boost City
Russia-Ukraine:
Last Soviet leader Gorbachev, who ended Cold War and won Nobel prize, dies aged 91
President H.E. Volodymyr Zelenskyy rings bell at NYSE to signify Ukraine is open for business
Why Financial Sanctions Might Not End Russiaโs War on Ukraine
Russia Privately Warns of Deep and Prolonged Economic Damage
Moscow Officials Urge Putin to GTFO: โEverything Went Wrongโ
Putin's Key Man in the Arctic Found Dead After Falling Overboard (Russia)
Putin thanks China's Xi for his 'balanced' stand on Ukraine (Russia)
Putin tells Modi he wants the Ukraine invasion he ordered 'to end as soon as possible' after the Indian leader criticized Russia's war to his face (India - Russia)
Ravil Maganov: Russian Lukoil chief dies in 'fall from hospital window'
Russiaโs largest taxi company was hacked and all taxis got routed to central Moscow, creating huge traffic jams across the city [Russia - Reddit]
Asia:
Saudi Prince Says Oilโs Disconnect May Force OPEC+ Action | Bloomberg (Middle East)
Statement by Philip Lowe, Governor: Monetary Policy Decision (Australia)
Kyrgyzstan reports heavy fighting with Tajikistan, 24 people killed
Japan drops COVID test requirement, raises daily cap for entry
Korea to Triple Baby Payments After It Smashes Own Record for Worldโs Lowest Fertility Rate
Seoul to lay out conditions for joining Chip 4 alliance as not ruin exports to China