Morning Brief

Bersatu President Tan Sri Muhyiddin Yassin has proposed for top posts to be negotiated rather than voted on during the party elections in October. Will this shore up support for the floundering party? We get an analysis from Dr. Syaza Shukri of the International Islamic University Malaysia.

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So far, the reign of King Dollar continues with markets still waiting for that elusive Fed rate cut. We speak to Stephen Chiu, Chief Asia FX and Rates Strategist, Bloomberg Intelligence for his outlook for Asian currencies for the rest of 2024 whilst taking a closer look at the Ringgit.

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The Republican National Convention opened today in Milwaukee in the immediate aftermath of the attempted assassination of Donald Trump. How will this shape the trajectory of the US elections this year? We discuss the themes with Mark J. Rozell of George Mason University.

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Reports that Attorney-General Datuk Ahmad Terrirudin Salleh is expected to be appointed as a Federal Court judge, with the possibility of later assuming the role of Chief Judge of Malaya, have raised concerns about executive influence in judicial appointments. Ramkarpal Singh, a former deputy minister in the Prime Minister's Department (Law and Institutional Reform), shares his concerns on what this might mean for the independence of Malaysia's judiciary.

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The Malaysia Digital Economy Corporation (MDEC) foresees local e-commerce revenue achieving RM1.65 trillion by 2025. This is supported by Shopee's latest data indicating that Gen Zs prefer to shop online versus at physical stores. Ganesh Kumar Bangah, an advisor and former chairman of the National Tech Association of Malaysia (PIKOM), shares his insights.

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Following the 19th Indian General Elections in June, Narendra Modi has become prime minister for a third consecutive term. However, his National Democratic Alliance, while winning 294 seats in the 543-seat Lok Sabha, still garnered far fewer than they expected. Dr Rahul Mishra, Associate Professor at the Centre for Indo-Pacific Studies, Jawaharlal Nehru University in New Delhi shares his analysis.

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The US election season has taken a dark turn, after former US President Donald Trump became the target of an attempted assassination at a rally in Butler, Pennsylvania on Saturday. We get reactions on these developments and what it means for the presidential campaign moving forward from independent pollster John Zogby.

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Datuk Zaliha Mustafa, Minister for the Federal Territories recently reaffirmed the government's commitment to the River of Life urban rejuvenation project, citing 81% completion. But with the latest Auditor General's report revealing shocking delays and missed objectives, what went wrong and how can this be fixed? We get reactions from Datuk Mumtaz Ali of Save Kuala Lumpur.

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China’s top leaders will gather from July 15th to 18th for a highly anticipated meeting known as the Third Plenum, as this once-in-five-years conclave of top officials usually deals with major economic and political policy changes. Richard McGregor, Senior Fellow at Lowey Institute gives his perspective.

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Bank Negara Malaysia's Policy Document on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators was released this week. It will no longer limit the number of licences to just 5, but will go to any digital insurer and takaful operator that meets its requirements. Vincent Fong, Chief Editor & Country Manager of Fintech News Malaysia, explains the impact of this on Malaysian consumers.

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