The central bank of central banks warns AI frenzy could trigger
stock-market slump and jeopardize economy
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Rich stock market valuations, investor complacency, circular financing, and
the potential knock-on effects in credit markets are a clear warning in the
BIS...
51 minutes ago


By his action, Najib has set us back 40 years – to 1971, when the NEP was introduced. He has fortified the idea that there are two classes of citizens in Malaysia – Bumiputeras and non-Bumiputeras – thereby totally subverting his 1Malaysia stance. But whereas one of the stated objectives of the NEP was to eradicate poverty, Najib’s Bumiputera economic empowerment plan is not aimed at helping the needy.
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