Malaysia has staked its economic future on becoming Southeast Asia’s data-centre capital. It has also promised to slash fossil fuel use by 2050. Right now, those two ambitions are pulling in opposite directions – and gas is winning. There were 54 operational data centres across Malaysia by the end of 2024, with that number expected to rise to 81 by 2035, government minister Akmal Nasrullah Mohd Na...
Malaysia has staked its economic future on becoming Southeast Asia’s data-centre capital. It has also promised to slash fossil fuel use by 2050. Right now, those two ambitions are pulling in opposite directions – and gas is winning. There were 54 operational data centres across Malaysia by the end of 2024, with that number expected to rise to 81 by 2035, government minister Akmal Nasrullah Mohd Nasir told parliament last year. In the handful of years from 2021 and mid-2025, some 144.4 billion...
A wave of optimism over South Korean stocks is giving way to growing caution, as some investors hedge positions and pare back crowded trades on concerns that the rally has run too hot, too fast. Hedge fund Golden Horse Fund Management has trimmed exposure and added derivative protection, while M&G Investments has cut memory and foundry holdings to broaden out down the AI supply chain. A Bloomberg ...
A wave of optimism over South Korean stocks is giving way to growing caution, as some investors hedge positions and pare back crowded trades on concerns that the rally has run too hot, too fast. Hedge fund Golden Horse Fund Management has trimmed exposure and added derivative protection, while M&G Investments has cut memory and foundry holdings to broaden out down the AI supply chain. A Bloomberg Intelligence analysis of options on the iShares MSCI South Korea ETF shows investors seeking protection against a decline. The fund tumbled 14% Friday in the US. The moves highlight the challenge facing global money managers. While investors remain upbeat about Samsung Electronics Co. and SK Hynix Inc. , the two chip giants that powered Kospi’s more than 90% rise this year, many are becoming pickier about where to put new money and keeping cash ready for opportunities elsewhere. Friday’s selloff in US tech stocks, driven by fears of higher interest rates, shows how quickly popular trades can unwind once sentiment shifts. That risk could spillover into Korea once local markets open. “We’ve been trimming gross exposure at the margin and layering derivative protection over the last few weeks,” said Yi Ling Ong , managing partner at Golden Horse Fund. Several large IPOs, including a SpaceX listing this month, could lead to rotation as funds raise cash to participate, making it “prudent to hold some dry powder,” she said. Over the past year, Korean stocks captured global attention as a combination of the AI boom and the government’s successful corporate reform propelled the index to new highs. Strong earnings potential continues to underpin bullish sentiment, but the extended rally has led to crowding in a few major players, leaving the market vulnerable to abrupt reversals. The benchmark tumbled 7% at one point on Friday. Read: Korean Markets Buckle as Foreigners Sell $10 Billion in a Week The caution is showing up in the derivatives market. “The debate isn’t whether the Kospi ...
Obama-Appointed Judge Orders Trump Admin To Restart Processing Asylum Claims Authored by Zachary Stieber via The Epoch Times, The Trump administration must restart processing claims of asylum, a federal judge ruled on June 5. Officials must also resume adjudicating requests for immigration benefits such as work permits from nationals of 39 countries from which President Donald Trump has restricted...
Obama-Appointed Judge Orders Trump Admin To Restart Processing Asylum Claims Authored by Zachary Stieber via The Epoch Times, The Trump administration must restart processing claims of asylum, a federal judge ruled on June 5. Officials must also resume adjudicating requests for immigration benefits such as work permits from nationals of 39 countries from which President Donald Trump has restricted travel, Obama-appointed U.S. District Judge John McConnell Jr., based in Rhode Island, said. This is the same judge AFL exposed for failing to recuse from the Trump spending freeze case - despite previously leading a nonprofit that received $128M in federal funding. The Department of Homeland Security and its U.S. Citizenship and Immigration Services (USCIS) division, which implemented the challenged policies, said they did not agree with the ruling. “The Left has been running the same gambit with so-called ‘animus’ claims since 2017. It is sabotage dressed in legal clothing,” James Percival, the Department of Homeland Security’s general counsel, told The Epoch Times via email. “It goes like this: (1) the admin is racist, (2) therefore a policy I don’t like is motivated by race, (3) therefore it is invalid. They have used it on virtually every Trump era Department of Homeland Security policy.” “These policies were wrong, plain and simple, and caused … profound fear and uncertainty for so many of our friends, neighbors, and coworkers,” Milagro Sique, CEO of Dorcas International Institute of Rhode Island, one of the plaintiffs, said in a statement. “Having the judicial process work as intended—by upholding the rule of law—gives us some reassurance that all is not lost and allows those who have been impacted to move forward with their lives in a meaningful way.” The administration in late 2025 announced the policies in the wake of the shooting, allegedly by an Afghan national, of National Guard members near the White House. USCIS Director Joseph Edlow said at the time that as...
Ernest S. Rady, Executive Chairman of American Assets Trust (NYSE:AAT) , reported the open-market purchase of 10,000 shares for a total consideration of ~$234,000 on June 1, 2026, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($23.40); post-transaction value based on June 1, 2026 adjusted market close ($23.08). American Assets Trust, Inc. is a diversifie...
Ernest S. Rady, Executive Chairman of American Assets Trust (NYSE:AAT) , reported the open-market purchase of 10,000 shares for a total consideration of ~$234,000 on June 1, 2026, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($23.40); post-transaction value based on June 1, 2026 adjusted market close ($23.08). American Assets Trust, Inc. is a diversified real estate investment trust with a focus on premier office, retail, and residential assets in select U.S. markets. The company leverages over five decades of market experience and local expertise to operate in regions characterized by strong demand and limited supply. Continue reading
Multiple people were shot on Saturday afternoon near a community street festival in Toledo, Ohio, police said. Toledo police officers responded to a report of a person shot near the Old West End Festival at about 5.30pm. When they arrived, they found multiple shooting victims, the police department said in a statement. Many victims have been taken to nearby hospitals, police said. Police did not p...
Multiple people were shot on Saturday afternoon near a community street festival in Toledo, Ohio, police said. Toledo police officers responded to a report of a person shot near the Old West End Festival at about 5.30pm. When they arrived, they found multiple shooting victims, the police department said in a statement. Many victims have been taken to nearby hospitals, police said. Police did not provide further details on the injuries and how many people were shot. Police are actively searching...
Ten thousand dollars dropped into Technology Select Sector SPDR Fund (NYSEARCA:XLK) at the close on December 31, 2025 was worth about $13,434 at the close on June 4, 2026. The same ten grand in SPY was worth about $11,102. That is the entire "three to one" story, 34% for the tech SPDR against 11% for ... $10,000 Invested in XLK on New Year’s Eve Is Worth $13,434 Today
Ten thousand dollars dropped into Technology Select Sector SPDR Fund (NYSEARCA:XLK) at the close on December 31, 2025 was worth about $13,434 at the close on June 4, 2026. The same ten grand in SPY was worth about $11,102. That is the entire "three to one" story, 34% for the tech SPDR against 11% for ... $10,000 Invested in XLK on New Year’s Eve Is Worth $13,434 Today