Abdul Daim Zainuddin, a prominent figure in Malaysian politics and economics, passed away at 86 after suffering a stroke. Known for his close alliance with former Prime Minister Mahathir Mohamad, he served as finance minister twice and was one of Malaysia’s wealthiest individuals. Zainuddin’s health had deteriorated in recent months, leading to his passing in a Kuala Lumpur hospital.
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When tariffs danced with Bitcoin and markets held their breath
On March 12, 2025, global markets experienced a rollercoaster ride due to shifting narratives around tariff measures and deteriorating trade relations, highlighted by President Trump's threat to double tariffs on Canadian steel and aluminum. This led to a market selloff, with US indices sliding and European markets reflecting unease. Despite this, Chinese markets rose as investors bet on Beijing's ability to cushion the impact. Additionally, a significant development was the US government's bold step into...
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