Malaysian day traders hype up glove makers
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Online movement inspired by GameStop mania in US as retail investors flex muscle
published : 30 Jan 2021 at 14:32
3 A worker inspects gloves at a Top Glove factory in Shah Alam, Malaysia. (Reuters File Photo)
KUALA LUMPUR: The manic ride in GameStop Corp sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers one of Asia’s hottest pandemic trades in 2020.
The online community by the name of Bursabets was created on Thursday and already boasted more than 9,400 members as of Saturday afternoon. Its moderators have defined it as the “Malaysian version” of the WallStreetBets forum on Reddit, with a focus on stocks listed on Bursa Malaysia.
„Ein falsches Signal – Söder sieht Aussetzung der Schuldenbremse „sehr skeptisch msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
A general view of the Gwadar port in Pakistan, an important part of the CPEC project (Reuters File Photo)
NEW DELHI: The multi-billion dollar Belt and Road Initiative (BRI) appears to have driven a wedge between all-weather allies China and Pakistan.
Sharp differences have emerged between the two countries over a $6.8 billion railway line project which is part of the ambitious China Pakistan Economic Corridor (CPEC), according to a report in Nikkei Asia.
The impasse has even led to an indefinite delay in the annual bilateral CPEC summit, claimed the report.
This is not the first that CPEC has triggered a strain in the long-standing friendship between the two countries.
Larry King, the amiable American broadcaster whose live global TV programme on CNN made him one of the most famous talk-show hosts in the world, has died in Los Angeles. He was 87.
TAIPEI: Eight Chinese bomber planes and four fighter jets entered the southwestern corner of Taiwan’s air defence identification zone on Saturday, and Taiwan’s air force deployed missiles to “monitor” the incursion, the Defence Ministry said.