Why run when we're not even doing anything? Zambry labels pro-Israel professor 'dangerous' for calling Malaysia unsafe, 'Islamo-fascist'
However, the mood was clouded by fresh worries about the economic outlook after worse-than-expected US data combined with a forecast-topping print on core inflation that fanned speculation the country could top into stagflation. Tech firms across Asia rode the coattails of the earnings, with Hong Kong-listed Meituan, Japan’s Advantest and Samsung in Seoul all well up.Hong Kong piled on more than two per cent, while there were also gains in Tokyo, Seoul, Taipei and Manila.London rose to another record high, while Paris and Frankfurt also advanced.
“This report was the worst of both worlds: economic growth is slowing and inflationary pressures are persisting,” Chris Zaccarelli, of Independent Advisor Alliance, said.