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IN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia
gsazer
06-19
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IN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia
gsazer
01-28
S
Weekly Hottest Sector | Tesla Tumbles After Earnings, Rivian's Rumored R2 Global Premiere, Canoo On A Roll
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01-25
M mm I'll do it loo
Deutsche Bank’s Nolting Says US Stocks Ripe for a 10% Drop
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2023-10-28
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2023-10-28
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SGX Weekly Review: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill
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2023-10-28
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gsazer
2023-05-10
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3 Chinese EV Stocks to Buy as Sales Rise
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buy
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[Grin] [Grin]
Microsoft Stock: Investor Fears Are Overblown, Says Morgan Stanley
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$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$
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06:00","market":"sg","language":"en","title":"IN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia","url":"https://stock-news.laohu8.com/highlight/detail?id=2443198996","media":"CNA","summary":"Observers are calling on the government to tackle xenophobic sentiments against refugees and allow them access to formal education and employment.","content":"<html><body><div>\n<div>\n<div><p>KUALA LUMPUR: The TikTok video is simple and straightforward. Mr Sophian Mohd Zain faces the camera and goes on a three-minute rant about Rohingya refugees in Malaysia.</p>\n<p>“They came as illegal immigrants, then they stole citizens’ rights,” Mr Sophian said in the video posted on Jun 2, accusing these refugees of using their United Nations Refugee Agency (UNHCR) card to live in Malaysia “for as long as they wish”.</p>\n<p>Many netizens in the comments section supported his rhetoric. “It is because Malaysia enables them,” one replied.</p>\n<p>A quick check of Mr Sophian’s TikTok accounts - of which he has several - reveals he has posted other videos slamming the immigration situation in the country, with some showing him speaking loudly to the camera in front of members of the refugee community. </p>\n<p>Mr Sophian told CNA he started posting videos about Rohingya refugees in Malaysia to raise public awareness on how they seem to be living in the country for many years, when their stay is only supposed to be temporary.</p>\n<p>“The government should immediately engage with UNHCR and urgently send these refugees to a third country,” the 49-year-old businessman said.</p>\n<p>Other negative comments on social media about Rohingya refugees in Malaysia often follow a few common threads: They are running small businesses illegally, eating into the country’s jobs and resources, and constantly growing in number.</p>\n<p>Mr Sophian rejected suggestions that his videos were xenophobic, saying that those who accuse him as such were putting “humanitarian rights before the rights of Malaysians”.</p>\n<p>“When Rohingya refugees work and do business, they are already snatching at the rights of locals,” he said.</p></div>\n</div>\n</div><div>\n</div><div>\n<div>\n<div><p>In contrast, a search for “Palestine refugees in Malaysia” on TikTok does not turn up such negative sentiments. The videos usually centre around Malaysia’s support for the Palestinian cause, and informal interviews with Palestinians living in Malaysia.</p>\n<p>At least two <a href=\"https://laohu8.com/S/RDDT\">Reddit</a> threads have called out what appears to be a difference in how Malaysians perceive Rohingya and Palestinian refugees. “Why do Malaysians put so much effort into helping Palestinians, when in your own region, the Rohingya … faced a considerable amount (of) xenophobia in Malaysia” one asked.</p>\n<p>Activists have taken notice too. Ms Lubna Sheikh Ghazali of Asylum Access Malaysia said the country championed the Palestinian cause but seemed to have “double standards” when it came to Rohingya refugees.</p>\n<p>“We seem to have collective amnesia and are selective about who deserves protection,” she was quoted by Free Malaysia Today as saying at a human rights forum on Mar 19.</p>\n<p>According to UNHCR figures as of May this year, Malaysia hosts about 189,340 refugees and asylum-seekers.</p>\n<p>When someone crosses an international border seeking safety, they often need to apply to be legally recognised as a refugee, which in Malaysia’s case is indicated by the possession of a UNHCR card.</p>\n<p>Asylum-seekers are people who intend to request for international protection, or are awaiting a decision on this request. Not every asylum-seeker will ultimately be recognised as a refugee.</p>\n<p>Some 88 per cent of refugees and asylum-seekers in Malaysia are from Myanmar, including around 109,230 Rohingyas. The remaining are from 50 other countries, including Pakistan, Yemen, Somalia and Syria.</p>\n<p>There are at least 620 Palestinian refugees and asylum-seekers in Malaysia, according to UNHCR figures, although some reports have indicated there could be as many as 2,500 of them in the country, with 30 per cent of these being students.</p>\n<p>Despite that, Malaysia is not a signatory to the 1951 UN Refugee Convention and its related 1967 protocol, meaning refugees cannot work legally or go to government schools.</p>\n<p>Instead, refugees are considered undocumented or illegal migrants under the Immigration Act, and depend on non-governmental organisations (NGO) such as the Malaysia-based Refugee Emergency Fund for financial aid.</p>\n<p>While the UNHCR card provides a 50 per cent discount on foreigner fees for refugees receiving treatment at public hospitals, it does not offer any further financial benefits.</p>\n<h2>DIFFERING TREATMENT</h2>\n<p>But as the Israel-Hamas war erupted in Gaza near the end of 2023, a bipartisan parliamentary group on refugee policy called on the government to issue a “Special Pass” for all Palestinians in Malaysia to allow them temporary stay and work.</p>\n<p>Malaysia’s government - a long-time supporter of the Palestinian cause - then said it would cover the study fees of Palestinian students at public universities, while those studying at private institutes would receive discounts of between 10 to 100 per cent.</p>\n<p>On the other hand, a 2023 initiative to allow Rohingya refugees to study at the International Islamic University of Malaysia was made possible only through a grant from the Qatar Fund for Development. Meanwhile, authorities’ raids on illegal Rohingya settlements and businesses are prominently highlighted in the media.</p>\n<p>Dr Benjamin Loh, a senior lecturer in media and communication at Taylor’s University, told CNA that Palestinians in Malaysia are not perceived as refugees - despite their official status as such - but as educated people who will one day return to the Middle East to fight for their land.</p>\n<p>“But for the Rohingyas, there is this rhetoric that they are considered a low-class type of migrant,” he said, arguing that unlike the Palestinians, Rohingya refugees are seen as stateless people who ran from their country. </p>\n<p>“So, they are considered to add very little value as they only work in low-wage types of jobs. As a result of that, there is this sort of a very xenophobic view towards them, because they’re not seen as being beneficial to the country,” said Dr Loh. </p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--ggizKsvh--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2023-11:afp_watermark_14112023,w_0.1/f_auto,q_auto/v1/one-cms/core/bd8e65caeff4edd5b9ea414ebb0cb982f0c4ec19.jpg?itok=aaViV6Lx\" typeof=\"foaf:Image\"/>\n<figcaption>\n The mostly Muslim Rohingya are heavily persecuted in Myanmar and thousands risk their lives each year on long and expensive sea journeys. (Photo: AFP/Amanda Jufrian)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>On May 24, the UN human rights office warned of “frightening and disturbing reports” about the impact of new violence in Myanmar’s Rakhine state, pointing to new attacks on Rohingya civilians by the military and an ethnic armed group fighting it.</p>\n<p>A spokesperson for the office cited the burning of the town of Buthidaung, as well as air strikes, reports of shootings at unarmed fleeing villagers, beheadings and disappearances.</p>\n<p>A 2022 study on the Malaysian public’s stereotypes of refugees in the country, conducted by researchers from the Asia School of Business, suggested that physical appearance also plays a part in the difference in perceptions.</p>\n<p>Dr Melati Nungsari, an associate professor of economics at the school, said while focus group participants were asked to share their thoughts about refugees in Malaysia in general, some of the participants started referring to looks.</p>\n<p>A total of 47 participants “widely sourced” from the general Malaysian public were interviewed across six sessions. Common negative stereotypes include the participants saying that refugees commit crime and are a burden to others.</p>\n<p>“Sometimes they'd say, ‘This group, because they're fair, they're somehow better human beings. Because this group is darker, therefore, they're not so good and they're dirty,’” Dr Melati said while sharing preliminary findings of the study at a refugee conference on Wednesday (Jun 12).</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--mMDsT7Qw--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/14/DSC04217.jpg?itok=QuLkUU0s\" typeof=\"foaf:Image\"/>\n<figcaption>\n Asia School of Business economics professor Melati Nungsari speaking at a refugee conference on Jun 12, 2024. (Photo: Azwan Rahim)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Dr Loh echoed the study’s findings, noting that Middle Eastern refugees in Malaysia, with their fairer skin and blue eyes, are seen as more valuable to the country.</p>\n<p>“There's prestige to hosting such refugees, but not refugees who are dark-skinned and of that sort, even though everybody in this story is technically Muslim,” he said.</p>\n<p>Some netizens on the Reddit threads have attempted to justify the difference in perception between the Palestinians and the Rohingyas. </p>\n<p>One user said the Rohingyas were “economic refugees” unlike the Palestinian “political refugees”, although it has been widely reported that both groups are essentially fleeing persecution at home.</p>\n<p>The user also wrote that Palestinian refugees, after finishing their education, will “go back to their country to serve their people”. This is in contrast to the Rohingyas who wish to “stay forever” and “have dozens of kids”.</p>\n<h2>DISPELLING MISPERCEPTIONS</h2>\n<p>Rohingya community leader Rafik Shah Mohd Ismail, 48, told CNA that many Rohingya refugees in Malaysia prefer to be resettled in a third country that grants asylum-seekers permanent stay, like the United States, Canada or Australia.</p>\n<p>But the process could take years as UNHCR must first filter out a large number of refugees amid a limited number of spots in these often unwilling countries, he said.</p>\n<p>“Some of the Rohingya refugees have been here for 20 to 30 years without getting it,” he said, noting that only those in “extreme difficulty” will get accepted.</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--roCgq88K--/c_crop,h_900,w_1600,x_0,y_44/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8556.jpg?itok=_5f7oNSl\" typeof=\"foaf:Image\"/>\n<figcaption>\n Rohingya community leader Rafik Shah Mohd Ismail has pleaded for more understanding from locals. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>In 2017, UNHCR made only 2,379 resettlement submissions for refugees in Malaysia, with 2,061 of them successfully resettled.</p>\n<p>UNHCR said it assesses refugees’ needs and refers them for resettlement in close collaboration with the governments of resettlement and host countries, NGOs and civil society actors, and the refugees themselves.</p>\n<p>“Only a small number can be resettled, so UNHCR prioritises those with urgent or emergency protection needs and those who have been in long-term displacement,” it said.</p>\n<p>In January, Malaysia urged the UNHCR to expedite the resettlement of refugees and asylum-seekers living in the country, citing the “principle of burden and responsibility sharing”.</p>\n<p>A 2019 report by Malaysia’s Institute of Strategic and International Studies stated that Malaysia has carried a bigger burden and provided more opportunities to refugees than some countries that are signatories to the UN convention and protocol.</p>\n<p>The report for instance named Australia and Japan, which are “notorious” for their stringent policies on migrants and asylum-seekers.</p>\n<p>In 2014, only 6.6 per cent, or 13,768 people in Australia’s entire permanent migration programme was permanently settled on humanitarian grounds, while Japan rejected 99 per cent of asylum applications it received in 2015, the report noted.</p>\n<p>Mr Rafik also dismissed the notion that the Rohingyas were economic refugees, pointing out that many of them owned fishing boats and swathes of farmland back home before they were threatened with torture and murder and had their villages burnt down.</p>\n<p>In fact, many of them would prefer to return to Myanmar if their safety could be guaranteed, he said, warning that the current situation remains extremely volatile. “Some have tried going back in secret but ended up getting killed,” he added.</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--raU-xrNA--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/rohingya3.jpg?itok=i6Pi9dIC\" typeof=\"foaf:Image\"/>\n<figcaption>\n Long queues of refugees seeking help sometimes form outside the UNHCR office in Kuala Lumpur.\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Mr Rafik attributed the differing treatment of Rohingya and Palestinian refugees to how the latter’s conflict is covered widely in mainstream and social media, as opposed to the patchy flow of information coming from Myanmar.</p>\n<p>“Therefore, sympathy here tilts towards the Palestinians,” he said. “What Malaysians don’t know is that (the situation in Gaza) is almost identical to what is happening in Myanmar.”</p>\n<p>But Mr Rafik refused to call it double standards and to blame the Malaysian government, saying that the country has accepted the Rohingyas and has every right to decide how to handle the community in accordance with its laws.</p>\n<p>“I just ask for a little empathy and understanding from locals,” he said, pointing out that Rohingyas in Malaysia could be seen as dirty as they can usually only afford to live in overcrowded homes, and that they still needed to make ends meet even though they cannot work legally.</p>\n<p>“We are just refugees; we don’t want to be a burden to the locals.”</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--bE_HmGLl--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8769.jpg?itok=5llHEkQV\" typeof=\"foaf:Image\"/>\n<figcaption>\n Refugee children in Malaysia lack access to education in government schools. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Mr Charles Santiago, a former Member of Parliament (MP) and chairman of the Association of Southeast Asian Nations (ASEAN) Parliamentarians for Human Rights, acknowledged the “racism” of some locals towards Rohingya refugees.</p>\n<p>Palestinians are “quoted very positively” in the media, while the Rohingyas are sometimes labelled as “dirty and filthy”, he told CNA.</p>\n<p>Mr Santiago said both Palestinians and Rohingyas are refugees who are escaping persecution and should be treated the same way.</p>\n<p>“Rohingyas are all by and large okay. The local community should support the Rohingyas, which is what happened many years ago. And now they have turned against them,” he said.</p>\n<p>“This is something the government has to address before it becomes a very real problem.”</p>\n<h2>REAL-WORLD CONSEQUENCES</h2>\n<p>There are also signs that the same problems are festering in local sentiments towards Palestinian refugees.</p>\n<p>Dr Loh from Taylor’s University co-authored a study of social media comments that suggested Malaysians’ support for the Palestinians appeared to be rhetorical or limited.</p>\n<p>Data was collected from three social media sites - X, Lowyat.net, and cari.com.my - between Oct 7 and Dec 6 last year.</p>\n<p>Palestinian support in Malaysia, the study found, stopped short of accepting more Palestinian refugees and according them rights to live and study in the country.</p>\n<p>“The core of their argument was that they supported the Palestinian fight to protect their homeland and, thus, accepting Palestinians as refugees would be counter to that goal,” the co-authors wrote in a Fulcrum post published in February.</p>\n<p>“They argued that if Palestinians were allowed to become refugees, they would be no better than the Rohingya.”</p></div>\n</div>\n</div><div>\n</div><div>\n<div>\n<div><p>Before the COVID-19 pandemic, Malaysia saw considerable support for the Rohingyas, with political parties organising large rallies advocating for their cause.</p>\n<p>This came about after the largest exodus of Rohingya refugees began in August 2017 following a massive wave of violence that swept through Myanmar’s Rakhine state. </p>\n<p>But at the height of the pandemic, the Rohingyas were accused of spreading the coronavirus, while hate speech calling for violence against Rohingyas and other undocumented migrants spread widely online.</p>\n<p>When congregation sizes were restricted, a mosque in Johor put up a controversial sign saying Rohingyas were not welcome. A Rohingya activist was also falsely said to have demanded Malaysian citizenship, attracting widespread anger and death threats.</p>\n<p>The activist, Mr Zafar Ahmad Abdul Ghani, said he continues to feel unsafe living in Malaysia and urged the authorities to take action against online hate speech targeted at the Rohingya community.</p>\n<p>“I hope Malaysia can engage its ASEAN partners to find a solution for Myanmar,” he told CNA. </p>\n<p>Malaysia Prime Minister Anwar Ibrahim recently said that ASEAN member states need to unite in facing the crisis in Myanmar, considering the death toll there and the conflict’s impact on the region.</p>\n<p>While speaking at the 37th Asia-Pacific Roundtable in Kuala Lumpur on Jun 6, Mr Anwar also gave hints that he will push for ASEAN to be tougher on its member Myanmar, where pro-democracy guerrillas and ethnic minority armed forces are battling the country’s military.</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--U1-N5QJ_--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8689.jpg?itok=GlT--2IF\" typeof=\"foaf:Image\"/>\n<figcaption>\n Rohingya refugees at a non-governmental organisation in Selayang, Selangor waiting to seek help and advice. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Dr Muhammed Abdul Khalid, a research fellow at the Institute of Malaysian and International Studies, said warm local sentiment towards the Rohingyas turned due to various socio-political factors, including the pandemic and economic pressures.</p>\n<p>“There is a risk that sentiment towards Palestinian refugees could follow a similar trajectory if not addressed proactively,” he told CNA.</p>\n<p>“To prevent this, it is crucial to foster continuous public education and awareness about the plight of all refugees, emphasising their humanity and potential contributions to society.”</p>\n<p>Dr Melati at the Asia School of Business said her study showed that while participants had xenophobic sentiments towards refugees, they also felt conflicted by positive thoughts, like how refugees were forced into their predicament and continue to be exploited in their host countries.</p>\n<p>The study found a roughly equal number of sentiments coded as positive and negative stereotypes.</p>\n<p>“So there's a lot of conflict, which to me shows quite a bit of possibilities for interventions,” she said, expressing hope that the general public could change their minds about refugees.</p>\n<p>“I was thinking about specific media campaigns to try and encourage not only positive portrayals (of refugees), but volunteering or something that gets people more into the refugee community is something that could really help in trying to reduce the negative stereotypes towards refugees.”</p>\n<h2>LETTING REFUGEES WORK LEGALLY</h2>\n<p>One way the government could play its part, observers said, is to introduce policies that allow refugees to work legally.</p>\n<p>The former MP Mr Santiago said refugees provide readymade alternatives to migrant workers in certain sectors, noting that some employers already prefer hiring refugees as they do not need to fork out extra accommodation fees.</p>\n<p>“The government needs to engage the local refugee community and conduct an analysis in terms of what skill sets they have together with what we need,” he said, pointing out that some refugees can work in skilled jobs as well.</p>\n<p>Mr Santiago said the government should also try convincing locals that refugees can contribute to the country by working legally in a system that does not compromise national security.</p>\n<p>“If you don’t try, you won’t know,” he added. “It’s got to do with a law-and-order issue, but it’s time to look at refugees in Malaysia as a development issue.”</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--nvUy48bq--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8627.jpg?itok=E5olaOm0\" typeof=\"foaf:Image\"/>\n<figcaption>\n Rohingya refugee Zorina Khatu Tazul Molok, 50, seen with her with son Anamul Hassan, 21, says she is worried about how the community is perceived by locals and prays that they show empathy. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Malaysia’s National Security Council, which handles refugee policy, has amended its directive that provides for the management of refugees and asylum-seekers in Malaysia.</p>\n<p>“Under this new directive, major changes have been approved including registering the refugees into (the) national system, access to employment opportunity, healthcare and also education,” said a government response issued in October 2023 and published by the Committee on the Elimination of Discrimination against Women.</p>\n<p>The response did not elaborate on the “major changes”, while Mr Santiago said the government has yet to outline policies based on the new directive “openly”.</p>\n<p>Malaysia’s Home Minister Saifuddin Nasution Ismail said in March that the government will conduct a comprehensive study with UNHCR to allow refugees to work in specific sectors of the country.</p>\n<p>Human Resources Minister Steven Sim told parliament on Mar 26 that his ministry has the capacity to run training programmes that can help refugees upskill, in preparation for formal work only in sectors \"not faovoured by locals\" and dominated by migrant workers.</p>\n<p>\"Therefore, job opportunities for the local workforce will not be affected,\" he said.</p>\n<p>Despite that, Mr Sim said any formalisation of employment for refugees will first depend on the issuance of official registration documents, a security initiative aimed at monitoring their whereabouts in the country.</p>\n<p>The Home Affairs ministry is still working on this initiative together with the Immigration Department, he said.</p>\n<p>\"Any implementation of training programmes for refugees will be done on a government basis and in accordance with prevailing laws,\" he added.</p>\n<p>\"At the same time, if the government agrees to this programme, it needs to consider the implication of incurring extra expenditure, given that the current training budget is set aside for Malaysian citizens only.\"</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--adj_IkqP--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/05/18/saifuddin_nasution_2_copy.jpg?itok=L04ek9Me\" typeof=\"foaf:Image\"/>\n<figcaption>\n Malaysian Home Minister Saifuddin Nasution Ismail speaks during a press conference at the Johor Police Contingent Headquarters on May 18, 2024. (Photo: CNA/Zamzahuri Abas)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Dr Loh feels the government is reluctant to give the sizeable Rohingya population employment rights, or evict all of them, for fear of pushback from locals or the international community, respectively.</p>\n<p>He cited how during the pandemic in 2020, the Sabah government scrapped a plan to issue a single identity card for foreigners living in the state as part of security efforts to monitor undocumented migrants, citing complaints from Sabahans who did not want to see it implemented.</p>\n<p>Sabah has long grappled with the issue of illegal migrants, mainly from the Philippines and Indonesia.</p>\n<p>“There was no pathway to citizenship for any of them, but it was met with so much public backlash that they just abandoned it entirely,” Dr Loh said.</p>\n<p>“There is a sense that the government is just so afraid to present anything that is seen as legalising or making this entire situation more formal.”</p>\n<p>Dr Muhammed said the government needs to have the political will to develop a refugee policy that not only respects human rights but also benefits the country's economy.</p>\n<p>Misconceptions among locals that refugees will take away local jobs, commit crimes or encourage other refugees to come to Malaysia, are often fueled by irresponsible political rhetoric and not based on facts, he said.</p>\n<p>“Furthermore, studies have demonstrated that legalising refugees and allowing them to work can generate positive economic impacts for the host country,” he said.</p>\n<p>“Refugees contribute to the economy by filling labour shortages, paying taxes, and stimulating demand for goods and services. These contributions can lead to job creation and economic growth, benefiting local residents as well.”</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--vJgFK-wV--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8683.jpg?itok=prNoccZb\" typeof=\"foaf:Image\"/>\n<figcaption>\n Volunteers at a non-governmental organisation in Selayang, Selangor help with the case management for refugees seeking help. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Mr Abdel Halim Mansour Abu Namous, a Palestinian refugee who arrived in Malaysia in 2014, hopes the country introduces laws that facilitate employment for refugees.</p>\n<p>“I hope that the government recognises the rights of refugees in general so that we can live in stability,” said the 41-year-old, who runs a home-based business serving Palestinian food.</p>\n<p>“Unfortunately, here there is no future for refugees. We only struggle and strive to work for survival.”</p>\n<p>When asked what he feels about the negative sentiment towards Rohingya refugees, Mr Abdel Halim said he would rather not speak about this.</p>\n<p>“Generally speaking as refugees, it’s sensitive and we could be in danger,” he said.</p>\n<p>Mr Abdel Halim said he interacts with locals with “caution and morals” as they are the “owners of the country”.</p>\n<p>He plans to remain patient until he finds a solution for the future of his family, as he lamented the state of his homeland amid the current war.</p>\n<p>“In the end, I say thank you Malaysia for everything.”</p></div>\n</div>\n</div><div>\n</div></body></html>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-15 06:00 GMT+8 <a href=https://www.channelnewsasia.com/asia/malaysia-refugee-rohingya-palestine-unhcr-work-4407461><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KUALA LUMPUR: The TikTok video is simple and straightforward. Mr Sophian Mohd Zain faces the camera and goes on a three-minute rant about Rohingya refugees in Malaysia.\n“They came as illegal ...</p>\n\n<a href=\"https://www.channelnewsasia.com/asia/malaysia-refugee-rohingya-palestine-unhcr-work-4407461\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--TI5LTXI6--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8743.jpg?itok=ux0oHB0y","relate_stocks":{"BK4168":"多种金属与采矿","BK4588":"碎股","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","5GC.SI":"斯恩威","BK4585":"ETF&股票定投概念","MP":"MP Materials Corp."},"source_url":"https://www.channelnewsasia.com/asia/malaysia-refugee-rohingya-palestine-unhcr-work-4407461","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2443198996","content_text":"KUALA LUMPUR: The TikTok video is simple and straightforward. Mr Sophian Mohd Zain faces the camera and goes on a three-minute rant about Rohingya refugees in Malaysia.\n“They came as illegal immigrants, then they stole citizens’ rights,” Mr Sophian said in the video posted on Jun 2, accusing these refugees of using their United Nations Refugee Agency (UNHCR) card to live in Malaysia “for as long as they wish”.\nMany netizens in the comments section supported his rhetoric. “It is because Malaysia enables them,” one replied.\nA quick check of Mr Sophian’s TikTok accounts - of which he has several - reveals he has posted other videos slamming the immigration situation in the country, with some showing him speaking loudly to the camera in front of members of the refugee community. \nMr Sophian told CNA he started posting videos about Rohingya refugees in Malaysia to raise public awareness on how they seem to be living in the country for many years, when their stay is only supposed to be temporary.\n“The government should immediately engage with UNHCR and urgently send these refugees to a third country,” the 49-year-old businessman said.\nOther negative comments on social media about Rohingya refugees in Malaysia often follow a few common threads: They are running small businesses illegally, eating into the country’s jobs and resources, and constantly growing in number.\nMr Sophian rejected suggestions that his videos were xenophobic, saying that those who accuse him as such were putting “humanitarian rights before the rights of Malaysians”.\n“When Rohingya refugees work and do business, they are already snatching at the rights of locals,” he said.\n\n\n\n\nIn contrast, a search for “Palestine refugees in Malaysia” on TikTok does not turn up such negative sentiments. The videos usually centre around Malaysia’s support for the Palestinian cause, and informal interviews with Palestinians living in Malaysia.\nAt least two Reddit threads have called out what appears to be a difference in how Malaysians perceive Rohingya and Palestinian refugees. “Why do Malaysians put so much effort into helping Palestinians, when in your own region, the Rohingya … faced a considerable amount (of) xenophobia in Malaysia” one asked.\nActivists have taken notice too. Ms Lubna Sheikh Ghazali of Asylum Access Malaysia said the country championed the Palestinian cause but seemed to have “double standards” when it came to Rohingya refugees.\n“We seem to have collective amnesia and are selective about who deserves protection,” she was quoted by Free Malaysia Today as saying at a human rights forum on Mar 19.\nAccording to UNHCR figures as of May this year, Malaysia hosts about 189,340 refugees and asylum-seekers.\nWhen someone crosses an international border seeking safety, they often need to apply to be legally recognised as a refugee, which in Malaysia’s case is indicated by the possession of a UNHCR card.\nAsylum-seekers are people who intend to request for international protection, or are awaiting a decision on this request. Not every asylum-seeker will ultimately be recognised as a refugee.\nSome 88 per cent of refugees and asylum-seekers in Malaysia are from Myanmar, including around 109,230 Rohingyas. The remaining are from 50 other countries, including Pakistan, Yemen, Somalia and Syria.\nThere are at least 620 Palestinian refugees and asylum-seekers in Malaysia, according to UNHCR figures, although some reports have indicated there could be as many as 2,500 of them in the country, with 30 per cent of these being students.\nDespite that, Malaysia is not a signatory to the 1951 UN Refugee Convention and its related 1967 protocol, meaning refugees cannot work legally or go to government schools.\nInstead, refugees are considered undocumented or illegal migrants under the Immigration Act, and depend on non-governmental organisations (NGO) such as the Malaysia-based Refugee Emergency Fund for financial aid.\nWhile the UNHCR card provides a 50 per cent discount on foreigner fees for refugees receiving treatment at public hospitals, it does not offer any further financial benefits.\nDIFFERING TREATMENT\nBut as the Israel-Hamas war erupted in Gaza near the end of 2023, a bipartisan parliamentary group on refugee policy called on the government to issue a “Special Pass” for all Palestinians in Malaysia to allow them temporary stay and work.\nMalaysia’s government - a long-time supporter of the Palestinian cause - then said it would cover the study fees of Palestinian students at public universities, while those studying at private institutes would receive discounts of between 10 to 100 per cent.\nOn the other hand, a 2023 initiative to allow Rohingya refugees to study at the International Islamic University of Malaysia was made possible only through a grant from the Qatar Fund for Development. Meanwhile, authorities’ raids on illegal Rohingya settlements and businesses are prominently highlighted in the media.\nDr Benjamin Loh, a senior lecturer in media and communication at Taylor’s University, told CNA that Palestinians in Malaysia are not perceived as refugees - despite their official status as such - but as educated people who will one day return to the Middle East to fight for their land.\n“But for the Rohingyas, there is this rhetoric that they are considered a low-class type of migrant,” he said, arguing that unlike the Palestinians, Rohingya refugees are seen as stateless people who ran from their country. \n“So, they are considered to add very little value as they only work in low-wage types of jobs. As a result of that, there is this sort of a very xenophobic view towards them, because they’re not seen as being beneficial to the country,” said Dr Loh. \n\n\n\n\n\n The mostly Muslim Rohingya are heavily persecuted in Myanmar and thousands risk their lives each year on long and expensive sea journeys. (Photo: AFP/Amanda Jufrian)\n \n\n\n\n\nOn May 24, the UN human rights office warned of “frightening and disturbing reports” about the impact of new violence in Myanmar’s Rakhine state, pointing to new attacks on Rohingya civilians by the military and an ethnic armed group fighting it.\nA spokesperson for the office cited the burning of the town of Buthidaung, as well as air strikes, reports of shootings at unarmed fleeing villagers, beheadings and disappearances.\nA 2022 study on the Malaysian public’s stereotypes of refugees in the country, conducted by researchers from the Asia School of Business, suggested that physical appearance also plays a part in the difference in perceptions.\nDr Melati Nungsari, an associate professor of economics at the school, said while focus group participants were asked to share their thoughts about refugees in Malaysia in general, some of the participants started referring to looks.\nA total of 47 participants “widely sourced” from the general Malaysian public were interviewed across six sessions. Common negative stereotypes include the participants saying that refugees commit crime and are a burden to others.\n“Sometimes they'd say, ‘This group, because they're fair, they're somehow better human beings. Because this group is darker, therefore, they're not so good and they're dirty,’” Dr Melati said while sharing preliminary findings of the study at a refugee conference on Wednesday (Jun 12).\n\n\n\n\n\n Asia School of Business economics professor Melati Nungsari speaking at a refugee conference on Jun 12, 2024. (Photo: Azwan Rahim)\n \n\n\n\n\nDr Loh echoed the study’s findings, noting that Middle Eastern refugees in Malaysia, with their fairer skin and blue eyes, are seen as more valuable to the country.\n“There's prestige to hosting such refugees, but not refugees who are dark-skinned and of that sort, even though everybody in this story is technically Muslim,” he said.\nSome netizens on the Reddit threads have attempted to justify the difference in perception between the Palestinians and the Rohingyas. \nOne user said the Rohingyas were “economic refugees” unlike the Palestinian “political refugees”, although it has been widely reported that both groups are essentially fleeing persecution at home.\nThe user also wrote that Palestinian refugees, after finishing their education, will “go back to their country to serve their people”. This is in contrast to the Rohingyas who wish to “stay forever” and “have dozens of kids”.\nDISPELLING MISPERCEPTIONS\nRohingya community leader Rafik Shah Mohd Ismail, 48, told CNA that many Rohingya refugees in Malaysia prefer to be resettled in a third country that grants asylum-seekers permanent stay, like the United States, Canada or Australia.\nBut the process could take years as UNHCR must first filter out a large number of refugees amid a limited number of spots in these often unwilling countries, he said.\n“Some of the Rohingya refugees have been here for 20 to 30 years without getting it,” he said, noting that only those in “extreme difficulty” will get accepted.\n\n\n\n\n\n Rohingya community leader Rafik Shah Mohd Ismail has pleaded for more understanding from locals. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nIn 2017, UNHCR made only 2,379 resettlement submissions for refugees in Malaysia, with 2,061 of them successfully resettled.\nUNHCR said it assesses refugees’ needs and refers them for resettlement in close collaboration with the governments of resettlement and host countries, NGOs and civil society actors, and the refugees themselves.\n“Only a small number can be resettled, so UNHCR prioritises those with urgent or emergency protection needs and those who have been in long-term displacement,” it said.\nIn January, Malaysia urged the UNHCR to expedite the resettlement of refugees and asylum-seekers living in the country, citing the “principle of burden and responsibility sharing”.\nA 2019 report by Malaysia’s Institute of Strategic and International Studies stated that Malaysia has carried a bigger burden and provided more opportunities to refugees than some countries that are signatories to the UN convention and protocol.\nThe report for instance named Australia and Japan, which are “notorious” for their stringent policies on migrants and asylum-seekers.\nIn 2014, only 6.6 per cent, or 13,768 people in Australia’s entire permanent migration programme was permanently settled on humanitarian grounds, while Japan rejected 99 per cent of asylum applications it received in 2015, the report noted.\nMr Rafik also dismissed the notion that the Rohingyas were economic refugees, pointing out that many of them owned fishing boats and swathes of farmland back home before they were threatened with torture and murder and had their villages burnt down.\nIn fact, many of them would prefer to return to Myanmar if their safety could be guaranteed, he said, warning that the current situation remains extremely volatile. “Some have tried going back in secret but ended up getting killed,” he added.\n\n\n\n\n\n Long queues of refugees seeking help sometimes form outside the UNHCR office in Kuala Lumpur.\n \n\n\n\n\nMr Rafik attributed the differing treatment of Rohingya and Palestinian refugees to how the latter’s conflict is covered widely in mainstream and social media, as opposed to the patchy flow of information coming from Myanmar.\n“Therefore, sympathy here tilts towards the Palestinians,” he said. “What Malaysians don’t know is that (the situation in Gaza) is almost identical to what is happening in Myanmar.”\nBut Mr Rafik refused to call it double standards and to blame the Malaysian government, saying that the country has accepted the Rohingyas and has every right to decide how to handle the community in accordance with its laws.\n“I just ask for a little empathy and understanding from locals,” he said, pointing out that Rohingyas in Malaysia could be seen as dirty as they can usually only afford to live in overcrowded homes, and that they still needed to make ends meet even though they cannot work legally.\n“We are just refugees; we don’t want to be a burden to the locals.”\n\n\n\n\n\n Refugee children in Malaysia lack access to education in government schools. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nMr Charles Santiago, a former Member of Parliament (MP) and chairman of the Association of Southeast Asian Nations (ASEAN) Parliamentarians for Human Rights, acknowledged the “racism” of some locals towards Rohingya refugees.\nPalestinians are “quoted very positively” in the media, while the Rohingyas are sometimes labelled as “dirty and filthy”, he told CNA.\nMr Santiago said both Palestinians and Rohingyas are refugees who are escaping persecution and should be treated the same way.\n“Rohingyas are all by and large okay. The local community should support the Rohingyas, which is what happened many years ago. And now they have turned against them,” he said.\n“This is something the government has to address before it becomes a very real problem.”\nREAL-WORLD CONSEQUENCES\nThere are also signs that the same problems are festering in local sentiments towards Palestinian refugees.\nDr Loh from Taylor’s University co-authored a study of social media comments that suggested Malaysians’ support for the Palestinians appeared to be rhetorical or limited.\nData was collected from three social media sites - X, Lowyat.net, and cari.com.my - between Oct 7 and Dec 6 last year.\nPalestinian support in Malaysia, the study found, stopped short of accepting more Palestinian refugees and according them rights to live and study in the country.\n“The core of their argument was that they supported the Palestinian fight to protect their homeland and, thus, accepting Palestinians as refugees would be counter to that goal,” the co-authors wrote in a Fulcrum post published in February.\n“They argued that if Palestinians were allowed to become refugees, they would be no better than the Rohingya.”\n\n\n\n\nBefore the COVID-19 pandemic, Malaysia saw considerable support for the Rohingyas, with political parties organising large rallies advocating for their cause.\nThis came about after the largest exodus of Rohingya refugees began in August 2017 following a massive wave of violence that swept through Myanmar’s Rakhine state. \nBut at the height of the pandemic, the Rohingyas were accused of spreading the coronavirus, while hate speech calling for violence against Rohingyas and other undocumented migrants spread widely online.\nWhen congregation sizes were restricted, a mosque in Johor put up a controversial sign saying Rohingyas were not welcome. A Rohingya activist was also falsely said to have demanded Malaysian citizenship, attracting widespread anger and death threats.\nThe activist, Mr Zafar Ahmad Abdul Ghani, said he continues to feel unsafe living in Malaysia and urged the authorities to take action against online hate speech targeted at the Rohingya community.\n“I hope Malaysia can engage its ASEAN partners to find a solution for Myanmar,” he told CNA. \nMalaysia Prime Minister Anwar Ibrahim recently said that ASEAN member states need to unite in facing the crisis in Myanmar, considering the death toll there and the conflict’s impact on the region.\nWhile speaking at the 37th Asia-Pacific Roundtable in Kuala Lumpur on Jun 6, Mr Anwar also gave hints that he will push for ASEAN to be tougher on its member Myanmar, where pro-democracy guerrillas and ethnic minority armed forces are battling the country’s military.\n\n\n\n\n\n Rohingya refugees at a non-governmental organisation in Selayang, Selangor waiting to seek help and advice. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nDr Muhammed Abdul Khalid, a research fellow at the Institute of Malaysian and International Studies, said warm local sentiment towards the Rohingyas turned due to various socio-political factors, including the pandemic and economic pressures.\n“There is a risk that sentiment towards Palestinian refugees could follow a similar trajectory if not addressed proactively,” he told CNA.\n“To prevent this, it is crucial to foster continuous public education and awareness about the plight of all refugees, emphasising their humanity and potential contributions to society.”\nDr Melati at the Asia School of Business said her study showed that while participants had xenophobic sentiments towards refugees, they also felt conflicted by positive thoughts, like how refugees were forced into their predicament and continue to be exploited in their host countries.\nThe study found a roughly equal number of sentiments coded as positive and negative stereotypes.\n“So there's a lot of conflict, which to me shows quite a bit of possibilities for interventions,” she said, expressing hope that the general public could change their minds about refugees.\n“I was thinking about specific media campaigns to try and encourage not only positive portrayals (of refugees), but volunteering or something that gets people more into the refugee community is something that could really help in trying to reduce the negative stereotypes towards refugees.”\nLETTING REFUGEES WORK LEGALLY\nOne way the government could play its part, observers said, is to introduce policies that allow refugees to work legally.\nThe former MP Mr Santiago said refugees provide readymade alternatives to migrant workers in certain sectors, noting that some employers already prefer hiring refugees as they do not need to fork out extra accommodation fees.\n“The government needs to engage the local refugee community and conduct an analysis in terms of what skill sets they have together with what we need,” he said, pointing out that some refugees can work in skilled jobs as well.\nMr Santiago said the government should also try convincing locals that refugees can contribute to the country by working legally in a system that does not compromise national security.\n“If you don’t try, you won’t know,” he added. “It’s got to do with a law-and-order issue, but it’s time to look at refugees in Malaysia as a development issue.”\n\n\n\n\n\n Rohingya refugee Zorina Khatu Tazul Molok, 50, seen with her with son Anamul Hassan, 21, says she is worried about how the community is perceived by locals and prays that they show empathy. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nMalaysia’s National Security Council, which handles refugee policy, has amended its directive that provides for the management of refugees and asylum-seekers in Malaysia.\n“Under this new directive, major changes have been approved including registering the refugees into (the) national system, access to employment opportunity, healthcare and also education,” said a government response issued in October 2023 and published by the Committee on the Elimination of Discrimination against Women.\nThe response did not elaborate on the “major changes”, while Mr Santiago said the government has yet to outline policies based on the new directive “openly”.\nMalaysia’s Home Minister Saifuddin Nasution Ismail said in March that the government will conduct a comprehensive study with UNHCR to allow refugees to work in specific sectors of the country.\nHuman Resources Minister Steven Sim told parliament on Mar 26 that his ministry has the capacity to run training programmes that can help refugees upskill, in preparation for formal work only in sectors \"not faovoured by locals\" and dominated by migrant workers.\n\"Therefore, job opportunities for the local workforce will not be affected,\" he said.\nDespite that, Mr Sim said any formalisation of employment for refugees will first depend on the issuance of official registration documents, a security initiative aimed at monitoring their whereabouts in the country.\nThe Home Affairs ministry is still working on this initiative together with the Immigration Department, he said.\n\"Any implementation of training programmes for refugees will be done on a government basis and in accordance with prevailing laws,\" he added.\n\"At the same time, if the government agrees to this programme, it needs to consider the implication of incurring extra expenditure, given that the current training budget is set aside for Malaysian citizens only.\"\n\n\n\n\n\n Malaysian Home Minister Saifuddin Nasution Ismail speaks during a press conference at the Johor Police Contingent Headquarters on May 18, 2024. (Photo: CNA/Zamzahuri Abas)\n \n\n\n\n\nDr Loh feels the government is reluctant to give the sizeable Rohingya population employment rights, or evict all of them, for fear of pushback from locals or the international community, respectively.\nHe cited how during the pandemic in 2020, the Sabah government scrapped a plan to issue a single identity card for foreigners living in the state as part of security efforts to monitor undocumented migrants, citing complaints from Sabahans who did not want to see it implemented.\nSabah has long grappled with the issue of illegal migrants, mainly from the Philippines and Indonesia.\n“There was no pathway to citizenship for any of them, but it was met with so much public backlash that they just abandoned it entirely,” Dr Loh said.\n“There is a sense that the government is just so afraid to present anything that is seen as legalising or making this entire situation more formal.”\nDr Muhammed said the government needs to have the political will to develop a refugee policy that not only respects human rights but also benefits the country's economy.\nMisconceptions among locals that refugees will take away local jobs, commit crimes or encourage other refugees to come to Malaysia, are often fueled by irresponsible political rhetoric and not based on facts, he said.\n“Furthermore, studies have demonstrated that legalising refugees and allowing them to work can generate positive economic impacts for the host country,” he said.\n“Refugees contribute to the economy by filling labour shortages, paying taxes, and stimulating demand for goods and services. These contributions can lead to job creation and economic growth, benefiting local residents as well.”\n\n\n\n\n\n Volunteers at a non-governmental organisation in Selayang, Selangor help with the case management for refugees seeking help. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nMr Abdel Halim Mansour Abu Namous, a Palestinian refugee who arrived in Malaysia in 2014, hopes the country introduces laws that facilitate employment for refugees.\n“I hope that the government recognises the rights of refugees in general so that we can live in stability,” said the 41-year-old, who runs a home-based business serving Palestinian food.\n“Unfortunately, here there is no future for refugees. We only struggle and strive to work for survival.”\nWhen asked what he feels about the negative sentiment towards Rohingya refugees, Mr Abdel Halim said he would rather not speak about this.\n“Generally speaking as refugees, it’s sensitive and we could be in danger,” he said.\nMr Abdel Halim said he interacts with locals with “caution and morals” as they are the “owners of the country”.\nHe plans to remain patient until he finds a solution for the future of his family, as he lamented the state of his homeland amid the current war.\n“In the end, I say thank you Malaysia for everything.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":318559076065504,"gmtCreate":1718786897883,"gmtModify":1718786901804,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"We S","listText":"We S","text":"We S","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/318559076065504","repostId":"2443198996","repostType":2,"repost":{"id":"2443198996","kind":"highlight","pubTimestamp":1718402400,"share":"https://ttm.financial/m/news/2443198996?lang=&edition=fundamental","pubTime":"2024-06-15 06:00","market":"sg","language":"en","title":"IN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia","url":"https://stock-news.laohu8.com/highlight/detail?id=2443198996","media":"CNA","summary":"Observers are calling on the government to tackle xenophobic sentiments against refugees and allow them access to formal education and employment.","content":"<html><body><div>\n<div>\n<div><p>KUALA LUMPUR: The TikTok video is simple and straightforward. Mr Sophian Mohd Zain faces the camera and goes on a three-minute rant about Rohingya refugees in Malaysia.</p>\n<p>“They came as illegal immigrants, then they stole citizens’ rights,” Mr Sophian said in the video posted on Jun 2, accusing these refugees of using their United Nations Refugee Agency (UNHCR) card to live in Malaysia “for as long as they wish”.</p>\n<p>Many netizens in the comments section supported his rhetoric. “It is because Malaysia enables them,” one replied.</p>\n<p>A quick check of Mr Sophian’s TikTok accounts - of which he has several - reveals he has posted other videos slamming the immigration situation in the country, with some showing him speaking loudly to the camera in front of members of the refugee community. </p>\n<p>Mr Sophian told CNA he started posting videos about Rohingya refugees in Malaysia to raise public awareness on how they seem to be living in the country for many years, when their stay is only supposed to be temporary.</p>\n<p>“The government should immediately engage with UNHCR and urgently send these refugees to a third country,” the 49-year-old businessman said.</p>\n<p>Other negative comments on social media about Rohingya refugees in Malaysia often follow a few common threads: They are running small businesses illegally, eating into the country’s jobs and resources, and constantly growing in number.</p>\n<p>Mr Sophian rejected suggestions that his videos were xenophobic, saying that those who accuse him as such were putting “humanitarian rights before the rights of Malaysians”.</p>\n<p>“When Rohingya refugees work and do business, they are already snatching at the rights of locals,” he said.</p></div>\n</div>\n</div><div>\n</div><div>\n<div>\n<div><p>In contrast, a search for “Palestine refugees in Malaysia” on TikTok does not turn up such negative sentiments. The videos usually centre around Malaysia’s support for the Palestinian cause, and informal interviews with Palestinians living in Malaysia.</p>\n<p>At least two <a href=\"https://laohu8.com/S/RDDT\">Reddit</a> threads have called out what appears to be a difference in how Malaysians perceive Rohingya and Palestinian refugees. “Why do Malaysians put so much effort into helping Palestinians, when in your own region, the Rohingya … faced a considerable amount (of) xenophobia in Malaysia” one asked.</p>\n<p>Activists have taken notice too. Ms Lubna Sheikh Ghazali of Asylum Access Malaysia said the country championed the Palestinian cause but seemed to have “double standards” when it came to Rohingya refugees.</p>\n<p>“We seem to have collective amnesia and are selective about who deserves protection,” she was quoted by Free Malaysia Today as saying at a human rights forum on Mar 19.</p>\n<p>According to UNHCR figures as of May this year, Malaysia hosts about 189,340 refugees and asylum-seekers.</p>\n<p>When someone crosses an international border seeking safety, they often need to apply to be legally recognised as a refugee, which in Malaysia’s case is indicated by the possession of a UNHCR card.</p>\n<p>Asylum-seekers are people who intend to request for international protection, or are awaiting a decision on this request. Not every asylum-seeker will ultimately be recognised as a refugee.</p>\n<p>Some 88 per cent of refugees and asylum-seekers in Malaysia are from Myanmar, including around 109,230 Rohingyas. The remaining are from 50 other countries, including Pakistan, Yemen, Somalia and Syria.</p>\n<p>There are at least 620 Palestinian refugees and asylum-seekers in Malaysia, according to UNHCR figures, although some reports have indicated there could be as many as 2,500 of them in the country, with 30 per cent of these being students.</p>\n<p>Despite that, Malaysia is not a signatory to the 1951 UN Refugee Convention and its related 1967 protocol, meaning refugees cannot work legally or go to government schools.</p>\n<p>Instead, refugees are considered undocumented or illegal migrants under the Immigration Act, and depend on non-governmental organisations (NGO) such as the Malaysia-based Refugee Emergency Fund for financial aid.</p>\n<p>While the UNHCR card provides a 50 per cent discount on foreigner fees for refugees receiving treatment at public hospitals, it does not offer any further financial benefits.</p>\n<h2>DIFFERING TREATMENT</h2>\n<p>But as the Israel-Hamas war erupted in Gaza near the end of 2023, a bipartisan parliamentary group on refugee policy called on the government to issue a “Special Pass” for all Palestinians in Malaysia to allow them temporary stay and work.</p>\n<p>Malaysia’s government - a long-time supporter of the Palestinian cause - then said it would cover the study fees of Palestinian students at public universities, while those studying at private institutes would receive discounts of between 10 to 100 per cent.</p>\n<p>On the other hand, a 2023 initiative to allow Rohingya refugees to study at the International Islamic University of Malaysia was made possible only through a grant from the Qatar Fund for Development. Meanwhile, authorities’ raids on illegal Rohingya settlements and businesses are prominently highlighted in the media.</p>\n<p>Dr Benjamin Loh, a senior lecturer in media and communication at Taylor’s University, told CNA that Palestinians in Malaysia are not perceived as refugees - despite their official status as such - but as educated people who will one day return to the Middle East to fight for their land.</p>\n<p>“But for the Rohingyas, there is this rhetoric that they are considered a low-class type of migrant,” he said, arguing that unlike the Palestinians, Rohingya refugees are seen as stateless people who ran from their country. </p>\n<p>“So, they are considered to add very little value as they only work in low-wage types of jobs. As a result of that, there is this sort of a very xenophobic view towards them, because they’re not seen as being beneficial to the country,” said Dr Loh. </p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--ggizKsvh--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2023-11:afp_watermark_14112023,w_0.1/f_auto,q_auto/v1/one-cms/core/bd8e65caeff4edd5b9ea414ebb0cb982f0c4ec19.jpg?itok=aaViV6Lx\" typeof=\"foaf:Image\"/>\n<figcaption>\n The mostly Muslim Rohingya are heavily persecuted in Myanmar and thousands risk their lives each year on long and expensive sea journeys. (Photo: AFP/Amanda Jufrian)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>On May 24, the UN human rights office warned of “frightening and disturbing reports” about the impact of new violence in Myanmar’s Rakhine state, pointing to new attacks on Rohingya civilians by the military and an ethnic armed group fighting it.</p>\n<p>A spokesperson for the office cited the burning of the town of Buthidaung, as well as air strikes, reports of shootings at unarmed fleeing villagers, beheadings and disappearances.</p>\n<p>A 2022 study on the Malaysian public’s stereotypes of refugees in the country, conducted by researchers from the Asia School of Business, suggested that physical appearance also plays a part in the difference in perceptions.</p>\n<p>Dr Melati Nungsari, an associate professor of economics at the school, said while focus group participants were asked to share their thoughts about refugees in Malaysia in general, some of the participants started referring to looks.</p>\n<p>A total of 47 participants “widely sourced” from the general Malaysian public were interviewed across six sessions. Common negative stereotypes include the participants saying that refugees commit crime and are a burden to others.</p>\n<p>“Sometimes they'd say, ‘This group, because they're fair, they're somehow better human beings. Because this group is darker, therefore, they're not so good and they're dirty,’” Dr Melati said while sharing preliminary findings of the study at a refugee conference on Wednesday (Jun 12).</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--mMDsT7Qw--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/14/DSC04217.jpg?itok=QuLkUU0s\" typeof=\"foaf:Image\"/>\n<figcaption>\n Asia School of Business economics professor Melati Nungsari speaking at a refugee conference on Jun 12, 2024. (Photo: Azwan Rahim)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Dr Loh echoed the study’s findings, noting that Middle Eastern refugees in Malaysia, with their fairer skin and blue eyes, are seen as more valuable to the country.</p>\n<p>“There's prestige to hosting such refugees, but not refugees who are dark-skinned and of that sort, even though everybody in this story is technically Muslim,” he said.</p>\n<p>Some netizens on the Reddit threads have attempted to justify the difference in perception between the Palestinians and the Rohingyas. </p>\n<p>One user said the Rohingyas were “economic refugees” unlike the Palestinian “political refugees”, although it has been widely reported that both groups are essentially fleeing persecution at home.</p>\n<p>The user also wrote that Palestinian refugees, after finishing their education, will “go back to their country to serve their people”. This is in contrast to the Rohingyas who wish to “stay forever” and “have dozens of kids”.</p>\n<h2>DISPELLING MISPERCEPTIONS</h2>\n<p>Rohingya community leader Rafik Shah Mohd Ismail, 48, told CNA that many Rohingya refugees in Malaysia prefer to be resettled in a third country that grants asylum-seekers permanent stay, like the United States, Canada or Australia.</p>\n<p>But the process could take years as UNHCR must first filter out a large number of refugees amid a limited number of spots in these often unwilling countries, he said.</p>\n<p>“Some of the Rohingya refugees have been here for 20 to 30 years without getting it,” he said, noting that only those in “extreme difficulty” will get accepted.</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--roCgq88K--/c_crop,h_900,w_1600,x_0,y_44/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8556.jpg?itok=_5f7oNSl\" typeof=\"foaf:Image\"/>\n<figcaption>\n Rohingya community leader Rafik Shah Mohd Ismail has pleaded for more understanding from locals. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>In 2017, UNHCR made only 2,379 resettlement submissions for refugees in Malaysia, with 2,061 of them successfully resettled.</p>\n<p>UNHCR said it assesses refugees’ needs and refers them for resettlement in close collaboration with the governments of resettlement and host countries, NGOs and civil society actors, and the refugees themselves.</p>\n<p>“Only a small number can be resettled, so UNHCR prioritises those with urgent or emergency protection needs and those who have been in long-term displacement,” it said.</p>\n<p>In January, Malaysia urged the UNHCR to expedite the resettlement of refugees and asylum-seekers living in the country, citing the “principle of burden and responsibility sharing”.</p>\n<p>A 2019 report by Malaysia’s Institute of Strategic and International Studies stated that Malaysia has carried a bigger burden and provided more opportunities to refugees than some countries that are signatories to the UN convention and protocol.</p>\n<p>The report for instance named Australia and Japan, which are “notorious” for their stringent policies on migrants and asylum-seekers.</p>\n<p>In 2014, only 6.6 per cent, or 13,768 people in Australia’s entire permanent migration programme was permanently settled on humanitarian grounds, while Japan rejected 99 per cent of asylum applications it received in 2015, the report noted.</p>\n<p>Mr Rafik also dismissed the notion that the Rohingyas were economic refugees, pointing out that many of them owned fishing boats and swathes of farmland back home before they were threatened with torture and murder and had their villages burnt down.</p>\n<p>In fact, many of them would prefer to return to Myanmar if their safety could be guaranteed, he said, warning that the current situation remains extremely volatile. “Some have tried going back in secret but ended up getting killed,” he added.</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--raU-xrNA--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/rohingya3.jpg?itok=i6Pi9dIC\" typeof=\"foaf:Image\"/>\n<figcaption>\n Long queues of refugees seeking help sometimes form outside the UNHCR office in Kuala Lumpur.\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Mr Rafik attributed the differing treatment of Rohingya and Palestinian refugees to how the latter’s conflict is covered widely in mainstream and social media, as opposed to the patchy flow of information coming from Myanmar.</p>\n<p>“Therefore, sympathy here tilts towards the Palestinians,” he said. “What Malaysians don’t know is that (the situation in Gaza) is almost identical to what is happening in Myanmar.”</p>\n<p>But Mr Rafik refused to call it double standards and to blame the Malaysian government, saying that the country has accepted the Rohingyas and has every right to decide how to handle the community in accordance with its laws.</p>\n<p>“I just ask for a little empathy and understanding from locals,” he said, pointing out that Rohingyas in Malaysia could be seen as dirty as they can usually only afford to live in overcrowded homes, and that they still needed to make ends meet even though they cannot work legally.</p>\n<p>“We are just refugees; we don’t want to be a burden to the locals.”</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--bE_HmGLl--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8769.jpg?itok=5llHEkQV\" typeof=\"foaf:Image\"/>\n<figcaption>\n Refugee children in Malaysia lack access to education in government schools. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Mr Charles Santiago, a former Member of Parliament (MP) and chairman of the Association of Southeast Asian Nations (ASEAN) Parliamentarians for Human Rights, acknowledged the “racism” of some locals towards Rohingya refugees.</p>\n<p>Palestinians are “quoted very positively” in the media, while the Rohingyas are sometimes labelled as “dirty and filthy”, he told CNA.</p>\n<p>Mr Santiago said both Palestinians and Rohingyas are refugees who are escaping persecution and should be treated the same way.</p>\n<p>“Rohingyas are all by and large okay. The local community should support the Rohingyas, which is what happened many years ago. And now they have turned against them,” he said.</p>\n<p>“This is something the government has to address before it becomes a very real problem.”</p>\n<h2>REAL-WORLD CONSEQUENCES</h2>\n<p>There are also signs that the same problems are festering in local sentiments towards Palestinian refugees.</p>\n<p>Dr Loh from Taylor’s University co-authored a study of social media comments that suggested Malaysians’ support for the Palestinians appeared to be rhetorical or limited.</p>\n<p>Data was collected from three social media sites - X, Lowyat.net, and cari.com.my - between Oct 7 and Dec 6 last year.</p>\n<p>Palestinian support in Malaysia, the study found, stopped short of accepting more Palestinian refugees and according them rights to live and study in the country.</p>\n<p>“The core of their argument was that they supported the Palestinian fight to protect their homeland and, thus, accepting Palestinians as refugees would be counter to that goal,” the co-authors wrote in a Fulcrum post published in February.</p>\n<p>“They argued that if Palestinians were allowed to become refugees, they would be no better than the Rohingya.”</p></div>\n</div>\n</div><div>\n</div><div>\n<div>\n<div><p>Before the COVID-19 pandemic, Malaysia saw considerable support for the Rohingyas, with political parties organising large rallies advocating for their cause.</p>\n<p>This came about after the largest exodus of Rohingya refugees began in August 2017 following a massive wave of violence that swept through Myanmar’s Rakhine state. </p>\n<p>But at the height of the pandemic, the Rohingyas were accused of spreading the coronavirus, while hate speech calling for violence against Rohingyas and other undocumented migrants spread widely online.</p>\n<p>When congregation sizes were restricted, a mosque in Johor put up a controversial sign saying Rohingyas were not welcome. A Rohingya activist was also falsely said to have demanded Malaysian citizenship, attracting widespread anger and death threats.</p>\n<p>The activist, Mr Zafar Ahmad Abdul Ghani, said he continues to feel unsafe living in Malaysia and urged the authorities to take action against online hate speech targeted at the Rohingya community.</p>\n<p>“I hope Malaysia can engage its ASEAN partners to find a solution for Myanmar,” he told CNA. </p>\n<p>Malaysia Prime Minister Anwar Ibrahim recently said that ASEAN member states need to unite in facing the crisis in Myanmar, considering the death toll there and the conflict’s impact on the region.</p>\n<p>While speaking at the 37th Asia-Pacific Roundtable in Kuala Lumpur on Jun 6, Mr Anwar also gave hints that he will push for ASEAN to be tougher on its member Myanmar, where pro-democracy guerrillas and ethnic minority armed forces are battling the country’s military.</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--U1-N5QJ_--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8689.jpg?itok=GlT--2IF\" typeof=\"foaf:Image\"/>\n<figcaption>\n Rohingya refugees at a non-governmental organisation in Selayang, Selangor waiting to seek help and advice. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Dr Muhammed Abdul Khalid, a research fellow at the Institute of Malaysian and International Studies, said warm local sentiment towards the Rohingyas turned due to various socio-political factors, including the pandemic and economic pressures.</p>\n<p>“There is a risk that sentiment towards Palestinian refugees could follow a similar trajectory if not addressed proactively,” he told CNA.</p>\n<p>“To prevent this, it is crucial to foster continuous public education and awareness about the plight of all refugees, emphasising their humanity and potential contributions to society.”</p>\n<p>Dr Melati at the Asia School of Business said her study showed that while participants had xenophobic sentiments towards refugees, they also felt conflicted by positive thoughts, like how refugees were forced into their predicament and continue to be exploited in their host countries.</p>\n<p>The study found a roughly equal number of sentiments coded as positive and negative stereotypes.</p>\n<p>“So there's a lot of conflict, which to me shows quite a bit of possibilities for interventions,” she said, expressing hope that the general public could change their minds about refugees.</p>\n<p>“I was thinking about specific media campaigns to try and encourage not only positive portrayals (of refugees), but volunteering or something that gets people more into the refugee community is something that could really help in trying to reduce the negative stereotypes towards refugees.”</p>\n<h2>LETTING REFUGEES WORK LEGALLY</h2>\n<p>One way the government could play its part, observers said, is to introduce policies that allow refugees to work legally.</p>\n<p>The former MP Mr Santiago said refugees provide readymade alternatives to migrant workers in certain sectors, noting that some employers already prefer hiring refugees as they do not need to fork out extra accommodation fees.</p>\n<p>“The government needs to engage the local refugee community and conduct an analysis in terms of what skill sets they have together with what we need,” he said, pointing out that some refugees can work in skilled jobs as well.</p>\n<p>Mr Santiago said the government should also try convincing locals that refugees can contribute to the country by working legally in a system that does not compromise national security.</p>\n<p>“If you don’t try, you won’t know,” he added. “It’s got to do with a law-and-order issue, but it’s time to look at refugees in Malaysia as a development issue.”</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--nvUy48bq--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8627.jpg?itok=E5olaOm0\" typeof=\"foaf:Image\"/>\n<figcaption>\n Rohingya refugee Zorina Khatu Tazul Molok, 50, seen with her with son Anamul Hassan, 21, says she is worried about how the community is perceived by locals and prays that they show empathy. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Malaysia’s National Security Council, which handles refugee policy, has amended its directive that provides for the management of refugees and asylum-seekers in Malaysia.</p>\n<p>“Under this new directive, major changes have been approved including registering the refugees into (the) national system, access to employment opportunity, healthcare and also education,” said a government response issued in October 2023 and published by the Committee on the Elimination of Discrimination against Women.</p>\n<p>The response did not elaborate on the “major changes”, while Mr Santiago said the government has yet to outline policies based on the new directive “openly”.</p>\n<p>Malaysia’s Home Minister Saifuddin Nasution Ismail said in March that the government will conduct a comprehensive study with UNHCR to allow refugees to work in specific sectors of the country.</p>\n<p>Human Resources Minister Steven Sim told parliament on Mar 26 that his ministry has the capacity to run training programmes that can help refugees upskill, in preparation for formal work only in sectors \"not faovoured by locals\" and dominated by migrant workers.</p>\n<p>\"Therefore, job opportunities for the local workforce will not be affected,\" he said.</p>\n<p>Despite that, Mr Sim said any formalisation of employment for refugees will first depend on the issuance of official registration documents, a security initiative aimed at monitoring their whereabouts in the country.</p>\n<p>The Home Affairs ministry is still working on this initiative together with the Immigration Department, he said.</p>\n<p>\"Any implementation of training programmes for refugees will be done on a government basis and in accordance with prevailing laws,\" he added.</p>\n<p>\"At the same time, if the government agrees to this programme, it needs to consider the implication of incurring extra expenditure, given that the current training budget is set aside for Malaysian citizens only.\"</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--adj_IkqP--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/05/18/saifuddin_nasution_2_copy.jpg?itok=L04ek9Me\" typeof=\"foaf:Image\"/>\n<figcaption>\n Malaysian Home Minister Saifuddin Nasution Ismail speaks during a press conference at the Johor Police Contingent Headquarters on May 18, 2024. (Photo: CNA/Zamzahuri Abas)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Dr Loh feels the government is reluctant to give the sizeable Rohingya population employment rights, or evict all of them, for fear of pushback from locals or the international community, respectively.</p>\n<p>He cited how during the pandemic in 2020, the Sabah government scrapped a plan to issue a single identity card for foreigners living in the state as part of security efforts to monitor undocumented migrants, citing complaints from Sabahans who did not want to see it implemented.</p>\n<p>Sabah has long grappled with the issue of illegal migrants, mainly from the Philippines and Indonesia.</p>\n<p>“There was no pathway to citizenship for any of them, but it was met with so much public backlash that they just abandoned it entirely,” Dr Loh said.</p>\n<p>“There is a sense that the government is just so afraid to present anything that is seen as legalising or making this entire situation more formal.”</p>\n<p>Dr Muhammed said the government needs to have the political will to develop a refugee policy that not only respects human rights but also benefits the country's economy.</p>\n<p>Misconceptions among locals that refugees will take away local jobs, commit crimes or encourage other refugees to come to Malaysia, are often fueled by irresponsible political rhetoric and not based on facts, he said.</p>\n<p>“Furthermore, studies have demonstrated that legalising refugees and allowing them to work can generate positive economic impacts for the host country,” he said.</p>\n<p>“Refugees contribute to the economy by filling labour shortages, paying taxes, and stimulating demand for goods and services. These contributions can lead to job creation and economic growth, benefiting local residents as well.”</p></div>\n</div>\n</div><div><p>\n<figure>\n<img loading=\"lazy\" src=\"https://onecms-res.cloudinary.com/image/upload/s--vJgFK-wV--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8683.jpg?itok=prNoccZb\" typeof=\"foaf:Image\"/>\n<figcaption>\n Volunteers at a non-governmental organisation in Selayang, Selangor help with the case management for refugees seeking help. (Photo: CNA/Fadza Ishak)\n </figcaption>\n</figure>\n</p>\n</div><div>\n<div>\n<div><p>Mr Abdel Halim Mansour Abu Namous, a Palestinian refugee who arrived in Malaysia in 2014, hopes the country introduces laws that facilitate employment for refugees.</p>\n<p>“I hope that the government recognises the rights of refugees in general so that we can live in stability,” said the 41-year-old, who runs a home-based business serving Palestinian food.</p>\n<p>“Unfortunately, here there is no future for refugees. We only struggle and strive to work for survival.”</p>\n<p>When asked what he feels about the negative sentiment towards Rohingya refugees, Mr Abdel Halim said he would rather not speak about this.</p>\n<p>“Generally speaking as refugees, it’s sensitive and we could be in danger,” he said.</p>\n<p>Mr Abdel Halim said he interacts with locals with “caution and morals” as they are the “owners of the country”.</p>\n<p>He plans to remain patient until he finds a solution for the future of his family, as he lamented the state of his homeland amid the current war.</p>\n<p>“In the end, I say thank you Malaysia for everything.”</p></div>\n</div>\n</div><div>\n</div></body></html>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIN FOCUS: Alleged ‘double standard’ treatment of Palestinian, Rohingya refugees stirring debate, concerns in Malaysia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-15 06:00 GMT+8 <a href=https://www.channelnewsasia.com/asia/malaysia-refugee-rohingya-palestine-unhcr-work-4407461><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KUALA LUMPUR: The TikTok video is simple and straightforward. Mr Sophian Mohd Zain faces the camera and goes on a three-minute rant about Rohingya refugees in Malaysia.\n“They came as illegal ...</p>\n\n<a href=\"https://www.channelnewsasia.com/asia/malaysia-refugee-rohingya-palestine-unhcr-work-4407461\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--TI5LTXI6--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/06/07/FDZ_8743.jpg?itok=ux0oHB0y","relate_stocks":{"BK4168":"多种金属与采矿","BK4588":"碎股","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","5GC.SI":"斯恩威","BK4585":"ETF&股票定投概念","MP":"MP Materials Corp."},"source_url":"https://www.channelnewsasia.com/asia/malaysia-refugee-rohingya-palestine-unhcr-work-4407461","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2443198996","content_text":"KUALA LUMPUR: The TikTok video is simple and straightforward. Mr Sophian Mohd Zain faces the camera and goes on a three-minute rant about Rohingya refugees in Malaysia.\n“They came as illegal immigrants, then they stole citizens’ rights,” Mr Sophian said in the video posted on Jun 2, accusing these refugees of using their United Nations Refugee Agency (UNHCR) card to live in Malaysia “for as long as they wish”.\nMany netizens in the comments section supported his rhetoric. “It is because Malaysia enables them,” one replied.\nA quick check of Mr Sophian’s TikTok accounts - of which he has several - reveals he has posted other videos slamming the immigration situation in the country, with some showing him speaking loudly to the camera in front of members of the refugee community. \nMr Sophian told CNA he started posting videos about Rohingya refugees in Malaysia to raise public awareness on how they seem to be living in the country for many years, when their stay is only supposed to be temporary.\n“The government should immediately engage with UNHCR and urgently send these refugees to a third country,” the 49-year-old businessman said.\nOther negative comments on social media about Rohingya refugees in Malaysia often follow a few common threads: They are running small businesses illegally, eating into the country’s jobs and resources, and constantly growing in number.\nMr Sophian rejected suggestions that his videos were xenophobic, saying that those who accuse him as such were putting “humanitarian rights before the rights of Malaysians”.\n“When Rohingya refugees work and do business, they are already snatching at the rights of locals,” he said.\n\n\n\n\nIn contrast, a search for “Palestine refugees in Malaysia” on TikTok does not turn up such negative sentiments. The videos usually centre around Malaysia’s support for the Palestinian cause, and informal interviews with Palestinians living in Malaysia.\nAt least two Reddit threads have called out what appears to be a difference in how Malaysians perceive Rohingya and Palestinian refugees. “Why do Malaysians put so much effort into helping Palestinians, when in your own region, the Rohingya … faced a considerable amount (of) xenophobia in Malaysia” one asked.\nActivists have taken notice too. Ms Lubna Sheikh Ghazali of Asylum Access Malaysia said the country championed the Palestinian cause but seemed to have “double standards” when it came to Rohingya refugees.\n“We seem to have collective amnesia and are selective about who deserves protection,” she was quoted by Free Malaysia Today as saying at a human rights forum on Mar 19.\nAccording to UNHCR figures as of May this year, Malaysia hosts about 189,340 refugees and asylum-seekers.\nWhen someone crosses an international border seeking safety, they often need to apply to be legally recognised as a refugee, which in Malaysia’s case is indicated by the possession of a UNHCR card.\nAsylum-seekers are people who intend to request for international protection, or are awaiting a decision on this request. Not every asylum-seeker will ultimately be recognised as a refugee.\nSome 88 per cent of refugees and asylum-seekers in Malaysia are from Myanmar, including around 109,230 Rohingyas. The remaining are from 50 other countries, including Pakistan, Yemen, Somalia and Syria.\nThere are at least 620 Palestinian refugees and asylum-seekers in Malaysia, according to UNHCR figures, although some reports have indicated there could be as many as 2,500 of them in the country, with 30 per cent of these being students.\nDespite that, Malaysia is not a signatory to the 1951 UN Refugee Convention and its related 1967 protocol, meaning refugees cannot work legally or go to government schools.\nInstead, refugees are considered undocumented or illegal migrants under the Immigration Act, and depend on non-governmental organisations (NGO) such as the Malaysia-based Refugee Emergency Fund for financial aid.\nWhile the UNHCR card provides a 50 per cent discount on foreigner fees for refugees receiving treatment at public hospitals, it does not offer any further financial benefits.\nDIFFERING TREATMENT\nBut as the Israel-Hamas war erupted in Gaza near the end of 2023, a bipartisan parliamentary group on refugee policy called on the government to issue a “Special Pass” for all Palestinians in Malaysia to allow them temporary stay and work.\nMalaysia’s government - a long-time supporter of the Palestinian cause - then said it would cover the study fees of Palestinian students at public universities, while those studying at private institutes would receive discounts of between 10 to 100 per cent.\nOn the other hand, a 2023 initiative to allow Rohingya refugees to study at the International Islamic University of Malaysia was made possible only through a grant from the Qatar Fund for Development. Meanwhile, authorities’ raids on illegal Rohingya settlements and businesses are prominently highlighted in the media.\nDr Benjamin Loh, a senior lecturer in media and communication at Taylor’s University, told CNA that Palestinians in Malaysia are not perceived as refugees - despite their official status as such - but as educated people who will one day return to the Middle East to fight for their land.\n“But for the Rohingyas, there is this rhetoric that they are considered a low-class type of migrant,” he said, arguing that unlike the Palestinians, Rohingya refugees are seen as stateless people who ran from their country. \n“So, they are considered to add very little value as they only work in low-wage types of jobs. As a result of that, there is this sort of a very xenophobic view towards them, because they’re not seen as being beneficial to the country,” said Dr Loh. \n\n\n\n\n\n The mostly Muslim Rohingya are heavily persecuted in Myanmar and thousands risk their lives each year on long and expensive sea journeys. (Photo: AFP/Amanda Jufrian)\n \n\n\n\n\nOn May 24, the UN human rights office warned of “frightening and disturbing reports” about the impact of new violence in Myanmar’s Rakhine state, pointing to new attacks on Rohingya civilians by the military and an ethnic armed group fighting it.\nA spokesperson for the office cited the burning of the town of Buthidaung, as well as air strikes, reports of shootings at unarmed fleeing villagers, beheadings and disappearances.\nA 2022 study on the Malaysian public’s stereotypes of refugees in the country, conducted by researchers from the Asia School of Business, suggested that physical appearance also plays a part in the difference in perceptions.\nDr Melati Nungsari, an associate professor of economics at the school, said while focus group participants were asked to share their thoughts about refugees in Malaysia in general, some of the participants started referring to looks.\nA total of 47 participants “widely sourced” from the general Malaysian public were interviewed across six sessions. Common negative stereotypes include the participants saying that refugees commit crime and are a burden to others.\n“Sometimes they'd say, ‘This group, because they're fair, they're somehow better human beings. Because this group is darker, therefore, they're not so good and they're dirty,’” Dr Melati said while sharing preliminary findings of the study at a refugee conference on Wednesday (Jun 12).\n\n\n\n\n\n Asia School of Business economics professor Melati Nungsari speaking at a refugee conference on Jun 12, 2024. (Photo: Azwan Rahim)\n \n\n\n\n\nDr Loh echoed the study’s findings, noting that Middle Eastern refugees in Malaysia, with their fairer skin and blue eyes, are seen as more valuable to the country.\n“There's prestige to hosting such refugees, but not refugees who are dark-skinned and of that sort, even though everybody in this story is technically Muslim,” he said.\nSome netizens on the Reddit threads have attempted to justify the difference in perception between the Palestinians and the Rohingyas. \nOne user said the Rohingyas were “economic refugees” unlike the Palestinian “political refugees”, although it has been widely reported that both groups are essentially fleeing persecution at home.\nThe user also wrote that Palestinian refugees, after finishing their education, will “go back to their country to serve their people”. This is in contrast to the Rohingyas who wish to “stay forever” and “have dozens of kids”.\nDISPELLING MISPERCEPTIONS\nRohingya community leader Rafik Shah Mohd Ismail, 48, told CNA that many Rohingya refugees in Malaysia prefer to be resettled in a third country that grants asylum-seekers permanent stay, like the United States, Canada or Australia.\nBut the process could take years as UNHCR must first filter out a large number of refugees amid a limited number of spots in these often unwilling countries, he said.\n“Some of the Rohingya refugees have been here for 20 to 30 years without getting it,” he said, noting that only those in “extreme difficulty” will get accepted.\n\n\n\n\n\n Rohingya community leader Rafik Shah Mohd Ismail has pleaded for more understanding from locals. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nIn 2017, UNHCR made only 2,379 resettlement submissions for refugees in Malaysia, with 2,061 of them successfully resettled.\nUNHCR said it assesses refugees’ needs and refers them for resettlement in close collaboration with the governments of resettlement and host countries, NGOs and civil society actors, and the refugees themselves.\n“Only a small number can be resettled, so UNHCR prioritises those with urgent or emergency protection needs and those who have been in long-term displacement,” it said.\nIn January, Malaysia urged the UNHCR to expedite the resettlement of refugees and asylum-seekers living in the country, citing the “principle of burden and responsibility sharing”.\nA 2019 report by Malaysia’s Institute of Strategic and International Studies stated that Malaysia has carried a bigger burden and provided more opportunities to refugees than some countries that are signatories to the UN convention and protocol.\nThe report for instance named Australia and Japan, which are “notorious” for their stringent policies on migrants and asylum-seekers.\nIn 2014, only 6.6 per cent, or 13,768 people in Australia’s entire permanent migration programme was permanently settled on humanitarian grounds, while Japan rejected 99 per cent of asylum applications it received in 2015, the report noted.\nMr Rafik also dismissed the notion that the Rohingyas were economic refugees, pointing out that many of them owned fishing boats and swathes of farmland back home before they were threatened with torture and murder and had their villages burnt down.\nIn fact, many of them would prefer to return to Myanmar if their safety could be guaranteed, he said, warning that the current situation remains extremely volatile. “Some have tried going back in secret but ended up getting killed,” he added.\n\n\n\n\n\n Long queues of refugees seeking help sometimes form outside the UNHCR office in Kuala Lumpur.\n \n\n\n\n\nMr Rafik attributed the differing treatment of Rohingya and Palestinian refugees to how the latter’s conflict is covered widely in mainstream and social media, as opposed to the patchy flow of information coming from Myanmar.\n“Therefore, sympathy here tilts towards the Palestinians,” he said. “What Malaysians don’t know is that (the situation in Gaza) is almost identical to what is happening in Myanmar.”\nBut Mr Rafik refused to call it double standards and to blame the Malaysian government, saying that the country has accepted the Rohingyas and has every right to decide how to handle the community in accordance with its laws.\n“I just ask for a little empathy and understanding from locals,” he said, pointing out that Rohingyas in Malaysia could be seen as dirty as they can usually only afford to live in overcrowded homes, and that they still needed to make ends meet even though they cannot work legally.\n“We are just refugees; we don’t want to be a burden to the locals.”\n\n\n\n\n\n Refugee children in Malaysia lack access to education in government schools. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nMr Charles Santiago, a former Member of Parliament (MP) and chairman of the Association of Southeast Asian Nations (ASEAN) Parliamentarians for Human Rights, acknowledged the “racism” of some locals towards Rohingya refugees.\nPalestinians are “quoted very positively” in the media, while the Rohingyas are sometimes labelled as “dirty and filthy”, he told CNA.\nMr Santiago said both Palestinians and Rohingyas are refugees who are escaping persecution and should be treated the same way.\n“Rohingyas are all by and large okay. The local community should support the Rohingyas, which is what happened many years ago. And now they have turned against them,” he said.\n“This is something the government has to address before it becomes a very real problem.”\nREAL-WORLD CONSEQUENCES\nThere are also signs that the same problems are festering in local sentiments towards Palestinian refugees.\nDr Loh from Taylor’s University co-authored a study of social media comments that suggested Malaysians’ support for the Palestinians appeared to be rhetorical or limited.\nData was collected from three social media sites - X, Lowyat.net, and cari.com.my - between Oct 7 and Dec 6 last year.\nPalestinian support in Malaysia, the study found, stopped short of accepting more Palestinian refugees and according them rights to live and study in the country.\n“The core of their argument was that they supported the Palestinian fight to protect their homeland and, thus, accepting Palestinians as refugees would be counter to that goal,” the co-authors wrote in a Fulcrum post published in February.\n“They argued that if Palestinians were allowed to become refugees, they would be no better than the Rohingya.”\n\n\n\n\nBefore the COVID-19 pandemic, Malaysia saw considerable support for the Rohingyas, with political parties organising large rallies advocating for their cause.\nThis came about after the largest exodus of Rohingya refugees began in August 2017 following a massive wave of violence that swept through Myanmar’s Rakhine state. \nBut at the height of the pandemic, the Rohingyas were accused of spreading the coronavirus, while hate speech calling for violence against Rohingyas and other undocumented migrants spread widely online.\nWhen congregation sizes were restricted, a mosque in Johor put up a controversial sign saying Rohingyas were not welcome. A Rohingya activist was also falsely said to have demanded Malaysian citizenship, attracting widespread anger and death threats.\nThe activist, Mr Zafar Ahmad Abdul Ghani, said he continues to feel unsafe living in Malaysia and urged the authorities to take action against online hate speech targeted at the Rohingya community.\n“I hope Malaysia can engage its ASEAN partners to find a solution for Myanmar,” he told CNA. \nMalaysia Prime Minister Anwar Ibrahim recently said that ASEAN member states need to unite in facing the crisis in Myanmar, considering the death toll there and the conflict’s impact on the region.\nWhile speaking at the 37th Asia-Pacific Roundtable in Kuala Lumpur on Jun 6, Mr Anwar also gave hints that he will push for ASEAN to be tougher on its member Myanmar, where pro-democracy guerrillas and ethnic minority armed forces are battling the country’s military.\n\n\n\n\n\n Rohingya refugees at a non-governmental organisation in Selayang, Selangor waiting to seek help and advice. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nDr Muhammed Abdul Khalid, a research fellow at the Institute of Malaysian and International Studies, said warm local sentiment towards the Rohingyas turned due to various socio-political factors, including the pandemic and economic pressures.\n“There is a risk that sentiment towards Palestinian refugees could follow a similar trajectory if not addressed proactively,” he told CNA.\n“To prevent this, it is crucial to foster continuous public education and awareness about the plight of all refugees, emphasising their humanity and potential contributions to society.”\nDr Melati at the Asia School of Business said her study showed that while participants had xenophobic sentiments towards refugees, they also felt conflicted by positive thoughts, like how refugees were forced into their predicament and continue to be exploited in their host countries.\nThe study found a roughly equal number of sentiments coded as positive and negative stereotypes.\n“So there's a lot of conflict, which to me shows quite a bit of possibilities for interventions,” she said, expressing hope that the general public could change their minds about refugees.\n“I was thinking about specific media campaigns to try and encourage not only positive portrayals (of refugees), but volunteering or something that gets people more into the refugee community is something that could really help in trying to reduce the negative stereotypes towards refugees.”\nLETTING REFUGEES WORK LEGALLY\nOne way the government could play its part, observers said, is to introduce policies that allow refugees to work legally.\nThe former MP Mr Santiago said refugees provide readymade alternatives to migrant workers in certain sectors, noting that some employers already prefer hiring refugees as they do not need to fork out extra accommodation fees.\n“The government needs to engage the local refugee community and conduct an analysis in terms of what skill sets they have together with what we need,” he said, pointing out that some refugees can work in skilled jobs as well.\nMr Santiago said the government should also try convincing locals that refugees can contribute to the country by working legally in a system that does not compromise national security.\n“If you don’t try, you won’t know,” he added. “It’s got to do with a law-and-order issue, but it’s time to look at refugees in Malaysia as a development issue.”\n\n\n\n\n\n Rohingya refugee Zorina Khatu Tazul Molok, 50, seen with her with son Anamul Hassan, 21, says she is worried about how the community is perceived by locals and prays that they show empathy. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nMalaysia’s National Security Council, which handles refugee policy, has amended its directive that provides for the management of refugees and asylum-seekers in Malaysia.\n“Under this new directive, major changes have been approved including registering the refugees into (the) national system, access to employment opportunity, healthcare and also education,” said a government response issued in October 2023 and published by the Committee on the Elimination of Discrimination against Women.\nThe response did not elaborate on the “major changes”, while Mr Santiago said the government has yet to outline policies based on the new directive “openly”.\nMalaysia’s Home Minister Saifuddin Nasution Ismail said in March that the government will conduct a comprehensive study with UNHCR to allow refugees to work in specific sectors of the country.\nHuman Resources Minister Steven Sim told parliament on Mar 26 that his ministry has the capacity to run training programmes that can help refugees upskill, in preparation for formal work only in sectors \"not faovoured by locals\" and dominated by migrant workers.\n\"Therefore, job opportunities for the local workforce will not be affected,\" he said.\nDespite that, Mr Sim said any formalisation of employment for refugees will first depend on the issuance of official registration documents, a security initiative aimed at monitoring their whereabouts in the country.\nThe Home Affairs ministry is still working on this initiative together with the Immigration Department, he said.\n\"Any implementation of training programmes for refugees will be done on a government basis and in accordance with prevailing laws,\" he added.\n\"At the same time, if the government agrees to this programme, it needs to consider the implication of incurring extra expenditure, given that the current training budget is set aside for Malaysian citizens only.\"\n\n\n\n\n\n Malaysian Home Minister Saifuddin Nasution Ismail speaks during a press conference at the Johor Police Contingent Headquarters on May 18, 2024. (Photo: CNA/Zamzahuri Abas)\n \n\n\n\n\nDr Loh feels the government is reluctant to give the sizeable Rohingya population employment rights, or evict all of them, for fear of pushback from locals or the international community, respectively.\nHe cited how during the pandemic in 2020, the Sabah government scrapped a plan to issue a single identity card for foreigners living in the state as part of security efforts to monitor undocumented migrants, citing complaints from Sabahans who did not want to see it implemented.\nSabah has long grappled with the issue of illegal migrants, mainly from the Philippines and Indonesia.\n“There was no pathway to citizenship for any of them, but it was met with so much public backlash that they just abandoned it entirely,” Dr Loh said.\n“There is a sense that the government is just so afraid to present anything that is seen as legalising or making this entire situation more formal.”\nDr Muhammed said the government needs to have the political will to develop a refugee policy that not only respects human rights but also benefits the country's economy.\nMisconceptions among locals that refugees will take away local jobs, commit crimes or encourage other refugees to come to Malaysia, are often fueled by irresponsible political rhetoric and not based on facts, he said.\n“Furthermore, studies have demonstrated that legalising refugees and allowing them to work can generate positive economic impacts for the host country,” he said.\n“Refugees contribute to the economy by filling labour shortages, paying taxes, and stimulating demand for goods and services. These contributions can lead to job creation and economic growth, benefiting local residents as well.”\n\n\n\n\n\n Volunteers at a non-governmental organisation in Selayang, Selangor help with the case management for refugees seeking help. (Photo: CNA/Fadza Ishak)\n \n\n\n\n\nMr Abdel Halim Mansour Abu Namous, a Palestinian refugee who arrived in Malaysia in 2014, hopes the country introduces laws that facilitate employment for refugees.\n“I hope that the government recognises the rights of refugees in general so that we can live in stability,” said the 41-year-old, who runs a home-based business serving Palestinian food.\n“Unfortunately, here there is no future for refugees. We only struggle and strive to work for survival.”\nWhen asked what he feels about the negative sentiment towards Rohingya refugees, Mr Abdel Halim said he would rather not speak about this.\n“Generally speaking as refugees, it’s sensitive and we could be in danger,” he said.\nMr Abdel Halim said he interacts with locals with “caution and morals” as they are the “owners of the country”.\nHe plans to remain patient until he finds a solution for the future of his family, as he lamented the state of his homeland amid the current war.\n“In the end, I say thank you Malaysia for everything.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":267817409388616,"gmtCreate":1706416163169,"gmtModify":1706416167592,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"S","listText":"S","text":"S","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/267817409388616","repostId":"1142513671","repostType":2,"repost":{"id":"1142513671","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1706405400,"share":"https://ttm.financial/m/news/1142513671?lang=&edition=fundamental","pubTime":"2024-01-28 09:30","market":"us","language":"en","title":"Weekly Hottest Sector | Tesla Tumbles After Earnings, Rivian's Rumored R2 Global Premiere, Canoo On A Roll","url":"https://stock-news.laohu8.com/highlight/detail?id=1142513671","media":"Benzinga","summary":"ZINGER KEY POINTSAnalysts panned Tesla for not addressing near-term issues such as demand and margin trajectory on the earnings call.Needham EV analyst Chris Pierce cut his price target for the stock ","content":"<html><head></head><body><h4 id=\"id_2936185675\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p><strong>Analysts panned Tesla for not addressing near-term issues such as demand and margin trajectory on the earnings call.</strong></p></li><li><p><strong>Needham EV analyst Chris Pierce cut his price target for the stock from $25 to $22 even as he reiterated a "Buy" rating.</strong></p></li></ul><p>Electric-vehicle shares continued to bounce around the bottom in the week that ended on Jan. 26, with <strong>Tesla, Inc.’s</strong> disappointing fourth-quarter resultsweighing down on the space. The Elon Musk-led company’s double miss set off concerns regarding quarterly results due by its smaller rivals.</p><p style=\"text-align: start;\"><strong>Here are the key events that happened in the EV space during the week:</strong></p><p><strong>Tesla’s Double Miss:</strong> Weighed down by slowing demand and shrinking margins, Tesla reported its second straight quarter of double miss. The company also alienated investors by guiding to a significant slowdown in volume growth. The stock sank to an eight-month low on Thursday in reaction to the disappointing results, and analysts were quick to reduce their 12-month price targets for the stock.</p><p style=\"text-align: start;\">Analysts panned the company for not addressing the near-term issues such as demand and margin trajectory on the earnings call. Instead, Musk and team delved into initiatives, such as Optimus and full-self driving technology, which have long-term implications for the company and its stock.</p><p><strong>Cathie Wood’s</strong> Ark Invest, which is bullish on Tesla, took advantage of the weakness and bought Tesla shares for two straight days following the earnings.</p><p style=\"text-align: start;\"><strong>Rivian R2 Launch Rumors:</strong> Irvine, California-based <strong>Rivian Automotive, Inc.</strong> was in the news this week after a meeting agenda from the <strong>Laguna Beach City Council </strong>revealed that the company had applied for permission to showcase six vehicles at Main Beach Park on March 7 for a “half-day” public event. The event is intended to mark the global launch of the next-generation EV. A map provided in the document hinted at a“Rivian R2 launch.”</p><p style=\"text-align: start;\">Separately, Needham EV analyst <strong>Chris Pierce </strong>cut his price target for the stock from $25 to $22 even as he reiterated a “Buy” rating. “We disagree with bearish investors who see RIVN becoming demand constrained in real time, but we lower our ’24 delivery estimates to better reflect potential initial ’24 vehicle production guidance, pushing our gross margin estimates lower,” the analyst said.</p><p><strong>Canoo Flouts Contract Win: </strong>Despite struggling with a liquidity crunch, <strong>Canoo, Inc.</strong> is making strides on orders. The company said this week that the<strong>U.S. Postal Service</strong>will purchase six right-hand drive versions of its light-delivery vans in the first quarter of 2024,</p><p style=\"text-align: start;\">This agreement is “part of the USPS's $40 billion investment strategy to upgrade and improve the organization’s processing, transportation, and delivery networks,”‘ the company said.</p><p style=\"text-align: start;\">Earlier this month, Canoo said it began deliveries of EDVs to van rental provider <strong>Kingbee</strong>.</p><p style=\"text-align: start;\"><strong>GM, Honda Start Production At Fuel Cell Venture: </strong>Legacy automakers <strong>General Motors Corp.</strong> and <strong>Honda Motor Company Ltd.</strong> said they have started production of fuel cells at their facility FCSM. The venture, established in Brownstown, Michigan in Jan. 2017, aims to become a “world-class hydrogen power solutions” provider that will supply both companies.</p><p style=\"text-align: start;\">“GM and Honda share in the belief that hydrogen and fuel cell technology will play an increasingly important role in meeting a wide variety of zero-emissions energy and mobility needs, and each company has provided further details about their individual hydrogen business strategies,” the companies said.</p><p style=\"text-align: start;\"><strong>Hyzon</strong> <strong>Begins Deliveries Of Fuel-Cell EVs: </strong>Fontana, California-based<strong> Hyzon Motors, Inc.</strong>, a developer of heavy-duty fuel-cell EVs, said it delivered four FCEVs to leading food distributor and supplier <strong>Performance Foods Group </strong>in a joint ceremony. The event was attended by local government leaders, company leaders and PFG associates, and showcased the new FCEVs by offering ride-along demonstrations, the company said. The two companies intend to work together on an agreement for 15 200kW and an option for an additional 30 FCEVs, it added.</p><p style=\"text-align: start;\">The <strong>KraneShares Electric Vehicles and Future Mobility Index ETF</strong> ended Friday’s session rose 0.99% at $21.48, according toBenzinga Pro data.For the week, the ETF fell 1.47%.</p><p><strong>EV Stock Performances For Week</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db8765d44f02e0fefa39453fe4ff69e4\" tg-width=\"992\" tg-height=\"611\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Weekly Hottest Sector | Tesla Tumbles After Earnings, Rivian's Rumored R2 Global Premiere, Canoo On A Roll</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWeekly Hottest Sector | Tesla Tumbles After Earnings, Rivian's Rumored R2 Global Premiere, Canoo On A Roll\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-01-28 09:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_2936185675\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p><strong>Analysts panned Tesla for not addressing near-term issues such as demand and margin trajectory on the earnings call.</strong></p></li><li><p><strong>Needham EV analyst Chris Pierce cut his price target for the stock from $25 to $22 even as he reiterated a "Buy" rating.</strong></p></li></ul><p>Electric-vehicle shares continued to bounce around the bottom in the week that ended on Jan. 26, with <strong>Tesla, Inc.’s</strong> disappointing fourth-quarter resultsweighing down on the space. The Elon Musk-led company’s double miss set off concerns regarding quarterly results due by its smaller rivals.</p><p style=\"text-align: start;\"><strong>Here are the key events that happened in the EV space during the week:</strong></p><p><strong>Tesla’s Double Miss:</strong> Weighed down by slowing demand and shrinking margins, Tesla reported its second straight quarter of double miss. The company also alienated investors by guiding to a significant slowdown in volume growth. The stock sank to an eight-month low on Thursday in reaction to the disappointing results, and analysts were quick to reduce their 12-month price targets for the stock.</p><p style=\"text-align: start;\">Analysts panned the company for not addressing the near-term issues such as demand and margin trajectory on the earnings call. Instead, Musk and team delved into initiatives, such as Optimus and full-self driving technology, which have long-term implications for the company and its stock.</p><p><strong>Cathie Wood’s</strong> Ark Invest, which is bullish on Tesla, took advantage of the weakness and bought Tesla shares for two straight days following the earnings.</p><p style=\"text-align: start;\"><strong>Rivian R2 Launch Rumors:</strong> Irvine, California-based <strong>Rivian Automotive, Inc.</strong> was in the news this week after a meeting agenda from the <strong>Laguna Beach City Council </strong>revealed that the company had applied for permission to showcase six vehicles at Main Beach Park on March 7 for a “half-day” public event. The event is intended to mark the global launch of the next-generation EV. A map provided in the document hinted at a“Rivian R2 launch.”</p><p style=\"text-align: start;\">Separately, Needham EV analyst <strong>Chris Pierce </strong>cut his price target for the stock from $25 to $22 even as he reiterated a “Buy” rating. “We disagree with bearish investors who see RIVN becoming demand constrained in real time, but we lower our ’24 delivery estimates to better reflect potential initial ’24 vehicle production guidance, pushing our gross margin estimates lower,” the analyst said.</p><p><strong>Canoo Flouts Contract Win: </strong>Despite struggling with a liquidity crunch, <strong>Canoo, Inc.</strong> is making strides on orders. The company said this week that the<strong>U.S. Postal Service</strong>will purchase six right-hand drive versions of its light-delivery vans in the first quarter of 2024,</p><p style=\"text-align: start;\">This agreement is “part of the USPS's $40 billion investment strategy to upgrade and improve the organization’s processing, transportation, and delivery networks,”‘ the company said.</p><p style=\"text-align: start;\">Earlier this month, Canoo said it began deliveries of EDVs to van rental provider <strong>Kingbee</strong>.</p><p style=\"text-align: start;\"><strong>GM, Honda Start Production At Fuel Cell Venture: </strong>Legacy automakers <strong>General Motors Corp.</strong> and <strong>Honda Motor Company Ltd.</strong> said they have started production of fuel cells at their facility FCSM. The venture, established in Brownstown, Michigan in Jan. 2017, aims to become a “world-class hydrogen power solutions” provider that will supply both companies.</p><p style=\"text-align: start;\">“GM and Honda share in the belief that hydrogen and fuel cell technology will play an increasingly important role in meeting a wide variety of zero-emissions energy and mobility needs, and each company has provided further details about their individual hydrogen business strategies,” the companies said.</p><p style=\"text-align: start;\"><strong>Hyzon</strong> <strong>Begins Deliveries Of Fuel-Cell EVs: </strong>Fontana, California-based<strong> Hyzon Motors, Inc.</strong>, a developer of heavy-duty fuel-cell EVs, said it delivered four FCEVs to leading food distributor and supplier <strong>Performance Foods Group </strong>in a joint ceremony. The event was attended by local government leaders, company leaders and PFG associates, and showcased the new FCEVs by offering ride-along demonstrations, the company said. The two companies intend to work together on an agreement for 15 200kW and an option for an additional 30 FCEVs, it added.</p><p style=\"text-align: start;\">The <strong>KraneShares Electric Vehicles and Future Mobility Index ETF</strong> ended Friday’s session rose 0.99% at $21.48, according toBenzinga Pro data.For the week, the ETF fell 1.47%.</p><p><strong>EV Stock Performances For Week</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db8765d44f02e0fefa39453fe4ff69e4\" tg-width=\"992\" tg-height=\"611\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","TSLA":"特斯拉","RIVN":"Rivian Automotive, Inc.","GOEV":"Canoo Inc.","GM":"通用汽车","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142513671","content_text":"ZINGER KEY POINTSAnalysts panned Tesla for not addressing near-term issues such as demand and margin trajectory on the earnings call.Needham EV analyst Chris Pierce cut his price target for the stock from $25 to $22 even as he reiterated a \"Buy\" rating.Electric-vehicle shares continued to bounce around the bottom in the week that ended on Jan. 26, with Tesla, Inc.’s disappointing fourth-quarter resultsweighing down on the space. The Elon Musk-led company’s double miss set off concerns regarding quarterly results due by its smaller rivals.Here are the key events that happened in the EV space during the week:Tesla’s Double Miss: Weighed down by slowing demand and shrinking margins, Tesla reported its second straight quarter of double miss. The company also alienated investors by guiding to a significant slowdown in volume growth. The stock sank to an eight-month low on Thursday in reaction to the disappointing results, and analysts were quick to reduce their 12-month price targets for the stock.Analysts panned the company for not addressing the near-term issues such as demand and margin trajectory on the earnings call. Instead, Musk and team delved into initiatives, such as Optimus and full-self driving technology, which have long-term implications for the company and its stock.Cathie Wood’s Ark Invest, which is bullish on Tesla, took advantage of the weakness and bought Tesla shares for two straight days following the earnings.Rivian R2 Launch Rumors: Irvine, California-based Rivian Automotive, Inc. was in the news this week after a meeting agenda from the Laguna Beach City Council revealed that the company had applied for permission to showcase six vehicles at Main Beach Park on March 7 for a “half-day” public event. The event is intended to mark the global launch of the next-generation EV. A map provided in the document hinted at a“Rivian R2 launch.”Separately, Needham EV analyst Chris Pierce cut his price target for the stock from $25 to $22 even as he reiterated a “Buy” rating. “We disagree with bearish investors who see RIVN becoming demand constrained in real time, but we lower our ’24 delivery estimates to better reflect potential initial ’24 vehicle production guidance, pushing our gross margin estimates lower,” the analyst said.Canoo Flouts Contract Win: Despite struggling with a liquidity crunch, Canoo, Inc. is making strides on orders. The company said this week that theU.S. Postal Servicewill purchase six right-hand drive versions of its light-delivery vans in the first quarter of 2024,This agreement is “part of the USPS's $40 billion investment strategy to upgrade and improve the organization’s processing, transportation, and delivery networks,”‘ the company said.Earlier this month, Canoo said it began deliveries of EDVs to van rental provider Kingbee.GM, Honda Start Production At Fuel Cell Venture: Legacy automakers General Motors Corp. and Honda Motor Company Ltd. said they have started production of fuel cells at their facility FCSM. The venture, established in Brownstown, Michigan in Jan. 2017, aims to become a “world-class hydrogen power solutions” provider that will supply both companies.“GM and Honda share in the belief that hydrogen and fuel cell technology will play an increasingly important role in meeting a wide variety of zero-emissions energy and mobility needs, and each company has provided further details about their individual hydrogen business strategies,” the companies said.Hyzon Begins Deliveries Of Fuel-Cell EVs: Fontana, California-based Hyzon Motors, Inc., a developer of heavy-duty fuel-cell EVs, said it delivered four FCEVs to leading food distributor and supplier Performance Foods Group in a joint ceremony. The event was attended by local government leaders, company leaders and PFG associates, and showcased the new FCEVs by offering ride-along demonstrations, the company said. The two companies intend to work together on an agreement for 15 200kW and an option for an additional 30 FCEVs, it added.The KraneShares Electric Vehicles and Future Mobility Index ETF ended Friday’s session rose 0.99% at $21.48, according toBenzinga Pro data.For the week, the ETF fell 1.47%.EV Stock Performances For Week","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266728356462696,"gmtCreate":1706154763529,"gmtModify":1706154768172,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"M mm I'll do it loo","listText":"M mm I'll do it loo","text":"M mm I'll do it loo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266728356462696","repostId":"1168669878","repostType":2,"repost":{"id":"1168669878","kind":"news","pubTimestamp":1706152952,"share":"https://ttm.financial/m/news/1168669878?lang=&edition=fundamental","pubTime":"2024-01-25 11:22","market":"us","language":"en","title":"Deutsche Bank’s Nolting Says US Stocks Ripe for a 10% Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1168669878","media":"Bloomberg","summary":"The Fed may cut rates only three times this year: NoltingThe CIO says he’s waiting to see flows coming back into ChinaThe US stock market may suffer a correction in coming months as the economy slows,","content":"<html><head></head><body><ul style=\"\"><li><p>The Fed may cut rates only three times this year: Nolting</p></li><li><p>The CIO says he’s waiting to see flows coming back into China</p></li></ul><p>The US stock market may suffer a correction in coming months as the economy slows, according to Deutsche Bank AG.</p><p style=\"text-align: start;\">The world’s largest economy may post 0.8% annual growth this year, down from a forecast of 2.3% for 2023, said Christian Nolting, Deutsche Bank’s global chief investment officer. As that deceleration seeps into the stock market, a drop of 5% to 10% from current levels is likely to occur in the near term, he said.</p><p style=\"text-align: start;\">“There’s literally no discussion about recession in the US at all,” Nolting said in an interview in Singapore. “There’s a reality check coming this year” for equities.</p><p style=\"text-align: start;\">US stocks haven’t shown many signs of a slowdown lately. The S&P 500 and Nasdaq 100 both closed at all-time highs on Tuesday. Equity investors have largely shrugged off caution by Federal Reserve officials that their expectations of interest-rate cuts are too premature and confident.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2219823300e4d64d296a20707ce55e\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Swap contracts tied to the Fed’s meetings at the moment price in as many as six cuts for 2024, with the first reduction projected in May. Nolting — who correctly predicted no cuts at all by the Fed last year — expects to see only three.</p><p>Deutsche Bank isn’t alone in questioning the endurance of the US stock market rally. Citigroup Inc. warns that Nasdaq 100 futures positioning is near the highest in three years, with investors appearing to favor growth stocks into the earnings season.</p><p style=\"text-align: start;\">“Profit levels, in particular for Nasdaq, are the growing concern, with positioning and profits extended,” a team of Citi quantitative strategists led by Chris Montagu wrote in a note. “The average long position is near 5% in profit, elevating the risk of profit-taking unwinds and creating a potential headwind for a continued rally in the near term.”</p><p style=\"text-align: start;\">Still, there are plenty of believers in the rally’s staying power. Options traders have been betting on further gains by the S&P 500. Strategists tracked by Bloomberg have a median forecast of 4,950 for year-end, implying about a 2% advance from current levels.</p><p style=\"text-align: start;\">Investors will get more clues as to the strength of US economy with the fourth-quarter gross-domestic-product data due on Thursday and the Fed’s preferred gauge of inflation on Friday.</p><p style=\"text-align: start;\">Deutsche Bank, meanwhile, forecasts the stock-market slowdown will hit after the current earnings season ends — but sees it bringing a potentially useful entry point as well.</p><p style=\"text-align: start;\">“The good news for us is that we think even if there’s a recession in the US, it’s a small or short one,” Nolting said. “If there’s volatility coming up in the market, that’s an opportunity then to buy the market for us.”</p><p style=\"text-align: start;\">On China, where shares have rallied this week as authorities announced new support measures, Nolting is taking a wait-and-see approach.</p><p style=\"text-align: start;\">“To really add to the portfolios again, I want to see flows into China,” he said. “Just being cheap is not a reason for a market to perform.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deutsche Bank’s Nolting Says US Stocks Ripe for a 10% Drop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeutsche Bank’s Nolting Says US Stocks Ripe for a 10% Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-25 11:22 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-01-24/deutsche-bank-s-nolting-says-us-stocks-due-for-a-reality-check><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fed may cut rates only three times this year: NoltingThe CIO says he’s waiting to see flows coming back into ChinaThe US stock market may suffer a correction in coming months as the economy slows,...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-01-24/deutsche-bank-s-nolting-says-us-stocks-due-for-a-reality-check\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2024-01-24/deutsche-bank-s-nolting-says-us-stocks-due-for-a-reality-check","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168669878","content_text":"The Fed may cut rates only three times this year: NoltingThe CIO says he’s waiting to see flows coming back into ChinaThe US stock market may suffer a correction in coming months as the economy slows, according to Deutsche Bank AG.The world’s largest economy may post 0.8% annual growth this year, down from a forecast of 2.3% for 2023, said Christian Nolting, Deutsche Bank’s global chief investment officer. As that deceleration seeps into the stock market, a drop of 5% to 10% from current levels is likely to occur in the near term, he said.“There’s literally no discussion about recession in the US at all,” Nolting said in an interview in Singapore. “There’s a reality check coming this year” for equities.US stocks haven’t shown many signs of a slowdown lately. The S&P 500 and Nasdaq 100 both closed at all-time highs on Tuesday. Equity investors have largely shrugged off caution by Federal Reserve officials that their expectations of interest-rate cuts are too premature and confident.Swap contracts tied to the Fed’s meetings at the moment price in as many as six cuts for 2024, with the first reduction projected in May. Nolting — who correctly predicted no cuts at all by the Fed last year — expects to see only three.Deutsche Bank isn’t alone in questioning the endurance of the US stock market rally. Citigroup Inc. warns that Nasdaq 100 futures positioning is near the highest in three years, with investors appearing to favor growth stocks into the earnings season.“Profit levels, in particular for Nasdaq, are the growing concern, with positioning and profits extended,” a team of Citi quantitative strategists led by Chris Montagu wrote in a note. “The average long position is near 5% in profit, elevating the risk of profit-taking unwinds and creating a potential headwind for a continued rally in the near term.”Still, there are plenty of believers in the rally’s staying power. Options traders have been betting on further gains by the S&P 500. Strategists tracked by Bloomberg have a median forecast of 4,950 for year-end, implying about a 2% advance from current levels.Investors will get more clues as to the strength of US economy with the fourth-quarter gross-domestic-product data due on Thursday and the Fed’s preferred gauge of inflation on Friday.Deutsche Bank, meanwhile, forecasts the stock-market slowdown will hit after the current earnings season ends — but sees it bringing a potentially useful entry point as well.“The good news for us is that we think even if there’s a recession in the US, it’s a small or short one,” Nolting said. “If there’s volatility coming up in the market, that’s an opportunity then to buy the market for us.”On China, where shares have rallied this week as authorities announced new support measures, Nolting is taking a wait-and-see approach.“To really add to the portfolios again, I want to see flows into China,” he said. “Just being cheap is not a reason for a market to perform.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235198173179936,"gmtCreate":1698454107554,"gmtModify":1698454109859,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235198173179936","repostId":"2378387049","repostType":2,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235198164430880,"gmtCreate":1698454105418,"gmtModify":1698454108753,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235198164430880","repostId":"2378387049","repostType":2,"repost":{"id":"2378387049","kind":"highlight","pubTimestamp":1698451425,"share":"https://ttm.financial/m/news/2378387049?lang=&edition=fundamental","pubTime":"2023-10-28 08:03","market":"sg","language":"en","title":"SGX Weekly Review: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill","url":"https://stock-news.laohu8.com/highlight/detail?id=2378387049","media":"The Smart Investor","summary":"We look at the latest inflation numbers and review the tourism situation in Singapore.","content":"<html><head></head><body><p>Welcome to this week’s edition of top stock market highlights.</p><h2 id=\"id_1357716427\">Singapore’s core inflation</h2><p>There is more good news for consumers who have had to endure the rising prices of goods and services.</p><p>Singapore’s core inflation for September fell to 3% year on year, continuing its downward trend after peaking at 5.5%, a 14-year high, in both January and February.</p><p>The reason for the drop was lower inflation for food, retail and other goods.</p><p>It was a welcome decline from August’s 3.4% and the last time core inflation was lower than 3% was back in March 2022 when it hit 2.9%.</p><p>Overall inflation, however, inched up to 4.1% year on year for September, slightly above the 4% chalked up in August.</p><p>The rise was attributed to higher private transport costs as Singapore’s Certificate of Entitlement (COE) hit new records.</p><p>The good news is that core inflation is projected to decline further in the coming months as imported costs stay low on a year-on-year basis.</p><p>The tightness in the labour market has also eased as pandemic restrictions were lifted across the region.</p><p>For 2023, core inflation is expected to average 4% while overall inflation should come in around 5%.</p><p>Next year should see a one-percentage-point rise in the GST push core inflation up, but 2024 should see core inflation hover between 2.5% and 3.5%.</p><p>Meanwhile, the strong Singapore dollar has also tempered the country’s import cost pressures.</p><p>An anticipated increase in COE quotes, along with the incoming supply of newly completed housing units, should bring overall inflation down even further.</p><h2 id=\"id_1071678482\">Tourist arrivals in Singapore</h2><p>The latest tourist numbers are in, and it looks like Singapore’s travel industry is recovering nicely post-pandemic.</p><p>Singapore Changi Airport handled 4.87 million passenger movements in September, just 11% shy of pre-COVID levels back in September 2019.</p><p>In the same month, the airport recorded 27,800 landings and take-offs, also 11% below pre-pandemic levels.</p><p>For the third quarter of 2023 (3Q 2023), Changi Airport witnessed 15.3 million passenger movements, with the top five markets being Australia, China, Indonesia, Malaysia, and Thailand.</p><p>China hopped into the top five only in 3Q 2023 because of the country’s two-month summer holiday in July and August.</p><p>In the same quarter, airfreight throughput totalled 451,000 tonnes and was down 4% year on year.</p><p>Changi Airport’s five cargo markets were Australia, China, Hong Kong, India, and the US.</p><p>One bright spot was India where air cargo traffic jumped 21% year on year.</p><p>The airport’s executive vice president for air hub and cargo development, Lim Ching Kiat, said that the group will continue working with airlines to reinstate more city links and strengthen capacity on existing routes.</p><p><strong>Singapore Airlines Limited</strong> (SGX: C6L) has also announced that it will commence flights to Brussels in April 2024, bringing Changi Airport’s passenger city links to Europe to 16.</p><h2 id=\"id_2420664829\">Singapore 6-month treasury bill</h2><p>If you are looking for a good place to park your spare cash, listen up.</p><p>The latest tranche of Singapore’s 6-month Treasury Bill (T-Bill) has an interest rate of 3.95%.</p><p>This interest rate is higher than the previous issue where the cut-off yield came in at 3.87% but was still lower than the cut-off yield of 4.07% last month.</p><p>The total amount allotted was S$5.7 billion out of a total of S$11.5 billion of applications made.</p><p>The median yield for the applications was 3.77% with the average yield at around 3.6%.</p><p>The interest rate on T-Bills is rebounding as the US Federal Reserve looks committed to keeping interest rates higher for longer to combat inflation.</p><p>Back in December 2022, the interest rate on T-Bills hit a 30-year high of 4.4% but has since come down to between 3.7% to 3.8% since March this year.</p><p>Yields may not continue rising as expectations are for the US Central Bank to stop its hiking cycle and to maintain interest rates at the current level of between 5.25% to 5.5%.</p><p>However, the T-Bill interest rate is still very attractive for savers who can choose to park their money in a safe instrument with very low risk.</p><p>Looking to start investing? Our beginner’s guide will show you how to make the best buying decision and make fewer mistakes. Click here to download for free now.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-28 08:03 GMT+8 <a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-singapores-core-inflation-tourist-arrivals-and-6-month-treasury-bill/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s edition of top stock market highlights.Singapore’s core inflationThere is more good news for consumers who have had to endure the rising prices of goods and services.Singapore’s...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-singapores-core-inflation-tourist-arrivals-and-6-month-treasury-bill/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013478.USD":"利安新加坡股息基金","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","BK4204":"教育服务","COE":"51TALK","SG9999001127.SGD":"United Singapore Growth Fund SGD","BK6519":"运输股","C6L.SI":"新加坡航空公司","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK6003":"航空公司","BK6523":"ESG概念"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-singapores-core-inflation-tourist-arrivals-and-6-month-treasury-bill/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2378387049","content_text":"Welcome to this week’s edition of top stock market highlights.Singapore’s core inflationThere is more good news for consumers who have had to endure the rising prices of goods and services.Singapore’s core inflation for September fell to 3% year on year, continuing its downward trend after peaking at 5.5%, a 14-year high, in both January and February.The reason for the drop was lower inflation for food, retail and other goods.It was a welcome decline from August’s 3.4% and the last time core inflation was lower than 3% was back in March 2022 when it hit 2.9%.Overall inflation, however, inched up to 4.1% year on year for September, slightly above the 4% chalked up in August.The rise was attributed to higher private transport costs as Singapore’s Certificate of Entitlement (COE) hit new records.The good news is that core inflation is projected to decline further in the coming months as imported costs stay low on a year-on-year basis.The tightness in the labour market has also eased as pandemic restrictions were lifted across the region.For 2023, core inflation is expected to average 4% while overall inflation should come in around 5%.Next year should see a one-percentage-point rise in the GST push core inflation up, but 2024 should see core inflation hover between 2.5% and 3.5%.Meanwhile, the strong Singapore dollar has also tempered the country’s import cost pressures.An anticipated increase in COE quotes, along with the incoming supply of newly completed housing units, should bring overall inflation down even further.Tourist arrivals in SingaporeThe latest tourist numbers are in, and it looks like Singapore’s travel industry is recovering nicely post-pandemic.Singapore Changi Airport handled 4.87 million passenger movements in September, just 11% shy of pre-COVID levels back in September 2019.In the same month, the airport recorded 27,800 landings and take-offs, also 11% below pre-pandemic levels.For the third quarter of 2023 (3Q 2023), Changi Airport witnessed 15.3 million passenger movements, with the top five markets being Australia, China, Indonesia, Malaysia, and Thailand.China hopped into the top five only in 3Q 2023 because of the country’s two-month summer holiday in July and August.In the same quarter, airfreight throughput totalled 451,000 tonnes and was down 4% year on year.Changi Airport’s five cargo markets were Australia, China, Hong Kong, India, and the US.One bright spot was India where air cargo traffic jumped 21% year on year.The airport’s executive vice president for air hub and cargo development, Lim Ching Kiat, said that the group will continue working with airlines to reinstate more city links and strengthen capacity on existing routes.Singapore Airlines Limited (SGX: C6L) has also announced that it will commence flights to Brussels in April 2024, bringing Changi Airport’s passenger city links to Europe to 16.Singapore 6-month treasury billIf you are looking for a good place to park your spare cash, listen up.The latest tranche of Singapore’s 6-month Treasury Bill (T-Bill) has an interest rate of 3.95%.This interest rate is higher than the previous issue where the cut-off yield came in at 3.87% but was still lower than the cut-off yield of 4.07% last month.The total amount allotted was S$5.7 billion out of a total of S$11.5 billion of applications made.The median yield for the applications was 3.77% with the average yield at around 3.6%.The interest rate on T-Bills is rebounding as the US Federal Reserve looks committed to keeping interest rates higher for longer to combat inflation.Back in December 2022, the interest rate on T-Bills hit a 30-year high of 4.4% but has since come down to between 3.7% to 3.8% since March this year.Yields may not continue rising as expectations are for the US Central Bank to stop its hiking cycle and to maintain interest rates at the current level of between 5.25% to 5.5%.However, the T-Bill interest rate is still very attractive for savers who can choose to park their money in a safe instrument with very low risk.Looking to start investing? Our beginner’s guide will show you how to make the best buying decision and make fewer mistakes. Click here to download for free now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235198063829168,"gmtCreate":1698454097372,"gmtModify":1698454101599,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235198063829168","repostId":"2378387049","repostType":2,"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970096262,"gmtCreate":1683693520057,"gmtModify":1683693524433,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":".b","listText":".b","text":".b","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970096262","repostId":"2334208274","repostType":2,"repost":{"id":"2334208274","kind":"highlight","pubTimestamp":1683690319,"share":"https://ttm.financial/m/news/2334208274?lang=&edition=fundamental","pubTime":"2023-05-10 11:45","market":"us","language":"en","title":"3 Chinese EV Stocks to Buy as Sales Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2334208274","media":"InvestorPlace","summary":"Here are the best Chinese electric vehicle (EV) stocks to buy as the booming EV market continues to ","content":"<html><head></head><body><ul><li><p>Here are the best Chinese electric vehicle (EV) stocks to buy as the booming EV market continues to grow.</p></li><li><p><a href=\"https://laohu8.com/S/BYDDY\">BYD Company </a>: This leading producer in China is overtaking <a href=\"https://laohu8.com/S/TSLA\">Tesla </a>.</p></li><li><p><a href=\"https://laohu8.com/S/LI\">Li Auto </a>: A breakout stock among EV makers this week, Li isn’t slowing down.</p></li><li><p><a href=\"https://laohu8.com/S/NIO\">Nio </a>: This rival to Li has suffered some losses, but its strength lies in its battery swap network.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/720a087276ed991b18961982484c37ee\" tg-width=\"1600\" tg-height=\"900\"/></p><p>Source: shutterstock.com/Nixx Photography</p><p>China’s electric vehicle (EV) revolution is still going strong. <em>Reuters</em> has described the country as “ground zero” for the price war started by <strong>Tesla’s </strong>(NASDAQ:<strong><u>TSLA</u></strong>) recent cost reductions. But while the market may be shifting in favor of some models over others, China’s electric sales are still heating up.</p><p>Reports indicate that China’s EV sales are expected to grow by an additional 31% in 2023 after more than doubling in 2021 and 2022. Recent statistics support these projections. According to <em>InsideEVs,</em> EV sales are on the rise. Specifically, 563,334 electric vehicles were registered in China in March 2023, representing a 23% increase year-over-year (YOY). With that new total, “the market share of rechargeable cars improved to 34 percent, so more than one-third of the total volume.”</p><p>This bodes well for the China’s all-electric market and Chinese EV stocks in general. As <em>InvestorPlace</em> contributor Vandita Jadeja reports:</p><blockquote>“EVs are projected to make up about 60% of total vehicle sales worldwide by 2030, and unit sales could reach 16.2 million by 2027. Governments worldwide are spending heavily on EV adoption, and the industry is ready for huge growth in the coming years.”</blockquote><p>Many investors may assume that Tesla is the best stock to buy for exposure to the Chinese EV market. However, several other domestic companies are actually dominating in the region — and are likely to continue doing so.</p><p>Let’s take a look at the best Chinese EV stocks to buy as this boom continues.</p><h2>Chinese EV Stocks: <a href=\"https://laohu8.com/S/BYDDY\">BYD </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3401d79edaf9e776250967f76992fbca\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: shutterstock.com/Trygve Finkelsen</p><p>Tesla’s most formidable foe in China is <strong>BYD</strong>, the sleeping giant that stealthily outshined it in 2022. <em>InvestorPlace</em> contributor Will Ashworth describes BYD as “the best China has to offer” and that doesn’t feel like a stretch.</p><p>BYD saw its global plug-in EV sales <em>double</em> in April 2023. This demonstrates that the company’s reach extends far beyond China. As <em>InsideEVs</em> notes, BYD’s passenger plug-in EV sales reached 209,467 units, representing an 82% year-over-year (YOY) increase for battery EVs (BEVs) and a 119% YOY increase for plug-in hybrid EVs (PHEVs). It’s not hard to see that BYD is growing and has no plans to slow down.</p><p>This company will also have an even greater competitive edge when it opens its planned manufacturing facility in Vietnam. There seems to be no stopping BYD, which has been described as “the next Tesla” for a reason. BYD is expanding quickly and has the homefield advantage in China’s booming market. On top of that, BYDDY stock has demonstrated impressive 30% growth over the past six months.</p><h2><a href=\"https://laohu8.com/S/LI\">Li Auto </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60ea411096a958e268420a534c1d4aa6\" alt=\"Source: Robert Way / Shutterstock.com\" title=\"Source: Robert Way / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Robert Way / Shutterstock.com</span></p><p></p><p>This smaller EV producer had been gliding under many investors’ radars. But when <strong>Li Auto</strong> reported record deliveries last month, the news turned many heads and for good reason.</p><p>For the first quarter of 2o23, Li delivered 52,584 EVs, up almost 66% YOY. Despite a dip in mid-April, LI stock has also been rising steadily since the start of the year and looks poised to keep trending upward. In fact, <em>InvestorPlace’</em>s Louis Navellier has called LI stock the only Chinese EV stock investors need:</p><blockquote>“Targeting a larger potential pool of buyers, with lower starting prices, Li may have an easier time finding sufficient demand. If this pans out, Li could continue delivering strong delivery numbers throughout the year. This could increase investor confidence that the company will meet/beat earnings expectations.”</blockquote><p>Navellier also notes that Li Auto seems ready and able to live up to expectations for the remainder of the year. If the company can do that, LI could pull ahead of competitors and earn a spot at the top of China’s EV race — even potentially rivaling giants like Tesla and BYD. Others have touted LI stock as an undervalued play on this quickly emerging market as well.</p><h2>Chinese EV Stocks: <a href=\"https://laohu8.com/S/NIO\">Nio </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eed9320a1cbc2ccb9253e8386a626dec\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: Michael Vi / Shutterstock.com</p><p>Often ranked alongside Li, Nio has been struggling over the past few months. However, this doesn’t mean investors should count the EV company out.</p><p>Nio is still recovering from the significant headwinds caused by China’s Covid-19 lockdown measures last year. Now, though, it’s focused on moving ahead and keeping pace with rivals. One encouraging factor? Nio reported a 30% YOY delivery increase for April.</p><p>Nio is also betting big on its EV battery technology. In March 2023, the company launched a battery swap network that could easily help boost share prices in the coming months. As InvestorPlace contributor Chris MacDonald notes, Nio’s battery technology sets it apart from other EV producers, as it “allows drivers to quickly exchange depleted batteries for fully charged ones.” If Nio can leverage this network effectively, it can find the competitive edge it needs to keep up with the likes of Li and <a href=\"https://laohu8.com/S/XPEV\">XPeng</a>, even as competition continues to heat up.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Chinese EV Stocks to Buy as Sales Rise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Chinese EV Stocks to Buy as Sales Rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-10 11:45 GMT+8 <a href=https://investorplace.com/2023/05/3-chinese-ev-stocks-to-buy-as-sales-rise/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are the best Chinese electric vehicle (EV) stocks to buy as the booming EV market continues to grow.BYD Company : This leading producer in China is overtaking Tesla .Li Auto : A breakout stock ...</p>\n\n<a href=\"https://investorplace.com/2023/05/3-chinese-ev-stocks-to-buy-as-sales-rise/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BYDDY":"比亚迪ADR","LI":"理想汽车","NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://investorplace.com/2023/05/3-chinese-ev-stocks-to-buy-as-sales-rise/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2334208274","content_text":"Here are the best Chinese electric vehicle (EV) stocks to buy as the booming EV market continues to grow.BYD Company : This leading producer in China is overtaking Tesla .Li Auto : A breakout stock among EV makers this week, Li isn’t slowing down.Nio : This rival to Li has suffered some losses, but its strength lies in its battery swap network.Source: shutterstock.com/Nixx PhotographyChina’s electric vehicle (EV) revolution is still going strong. Reuters has described the country as “ground zero” for the price war started by Tesla’s (NASDAQ:TSLA) recent cost reductions. But while the market may be shifting in favor of some models over others, China’s electric sales are still heating up.Reports indicate that China’s EV sales are expected to grow by an additional 31% in 2023 after more than doubling in 2021 and 2022. Recent statistics support these projections. According to InsideEVs, EV sales are on the rise. Specifically, 563,334 electric vehicles were registered in China in March 2023, representing a 23% increase year-over-year (YOY). With that new total, “the market share of rechargeable cars improved to 34 percent, so more than one-third of the total volume.”This bodes well for the China’s all-electric market and Chinese EV stocks in general. As InvestorPlace contributor Vandita Jadeja reports:“EVs are projected to make up about 60% of total vehicle sales worldwide by 2030, and unit sales could reach 16.2 million by 2027. Governments worldwide are spending heavily on EV adoption, and the industry is ready for huge growth in the coming years.”Many investors may assume that Tesla is the best stock to buy for exposure to the Chinese EV market. However, several other domestic companies are actually dominating in the region — and are likely to continue doing so.Let’s take a look at the best Chinese EV stocks to buy as this boom continues.Chinese EV Stocks: BYD Source: shutterstock.com/Trygve FinkelsenTesla’s most formidable foe in China is BYD, the sleeping giant that stealthily outshined it in 2022. InvestorPlace contributor Will Ashworth describes BYD as “the best China has to offer” and that doesn’t feel like a stretch.BYD saw its global plug-in EV sales double in April 2023. This demonstrates that the company’s reach extends far beyond China. As InsideEVs notes, BYD’s passenger plug-in EV sales reached 209,467 units, representing an 82% year-over-year (YOY) increase for battery EVs (BEVs) and a 119% YOY increase for plug-in hybrid EVs (PHEVs). It’s not hard to see that BYD is growing and has no plans to slow down.This company will also have an even greater competitive edge when it opens its planned manufacturing facility in Vietnam. There seems to be no stopping BYD, which has been described as “the next Tesla” for a reason. BYD is expanding quickly and has the homefield advantage in China’s booming market. On top of that, BYDDY stock has demonstrated impressive 30% growth over the past six months.Li Auto Source: Robert Way / Shutterstock.comThis smaller EV producer had been gliding under many investors’ radars. But when Li Auto reported record deliveries last month, the news turned many heads and for good reason.For the first quarter of 2o23, Li delivered 52,584 EVs, up almost 66% YOY. Despite a dip in mid-April, LI stock has also been rising steadily since the start of the year and looks poised to keep trending upward. In fact, InvestorPlace’s Louis Navellier has called LI stock the only Chinese EV stock investors need:“Targeting a larger potential pool of buyers, with lower starting prices, Li may have an easier time finding sufficient demand. If this pans out, Li could continue delivering strong delivery numbers throughout the year. This could increase investor confidence that the company will meet/beat earnings expectations.”Navellier also notes that Li Auto seems ready and able to live up to expectations for the remainder of the year. If the company can do that, LI could pull ahead of competitors and earn a spot at the top of China’s EV race — even potentially rivaling giants like Tesla and BYD. Others have touted LI stock as an undervalued play on this quickly emerging market as well.Chinese EV Stocks: Nio Source: Michael Vi / Shutterstock.comOften ranked alongside Li, Nio has been struggling over the past few months. However, this doesn’t mean investors should count the EV company out.Nio is still recovering from the significant headwinds caused by China’s Covid-19 lockdown measures last year. Now, though, it’s focused on moving ahead and keeping pace with rivals. One encouraging factor? Nio reported a 30% YOY delivery increase for April.Nio is also betting big on its EV battery technology. In March 2023, the company launched a battery swap network that could easily help boost share prices in the coming months. As InvestorPlace contributor Chris MacDonald notes, Nio’s battery technology sets it apart from other EV producers, as it “allows drivers to quickly exchange depleted batteries for fully charged ones.” If Nio can leverage this network effectively, it can find the competitive edge it needs to keep up with the likes of Li and XPeng, even as competition continues to heat up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923868991,"gmtCreate":1670826772414,"gmtModify":1676538441575,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$ </a><v-v 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[Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967038786","repostId":"1146639925","repostType":2,"repost":{"id":"1146639925","kind":"news","pubTimestamp":1670208180,"share":"https://ttm.financial/m/news/1146639925?lang=&edition=fundamental","pubTime":"2022-12-05 10:43","market":"us","language":"en","title":"Microsoft Stock: Investor Fears Are Overblown, Says Morgan Stanley","url":"https://stock-news.laohu8.com/highlight/detail?id=1146639925","media":"TipRanks","summary":"2022 has been tough going for most. The well-known headwinds of unabating high inflation, the measur","content":"<div>\n<p>2022 has been tough going for most. The well-known headwinds of unabating high inflation, the measures taken to tame it amidst fears of a full-blown recession have seen even the sturdiest of models ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/microsoft-stock-investor-fears-are-overblown-says-morgan-stanley\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Stock: Investor Fears Are Overblown, Says Morgan Stanley</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Stock: Investor Fears Are Overblown, Says Morgan Stanley\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 10:43 GMT+8 <a href=https://www.tipranks.com/news/article/microsoft-stock-investor-fears-are-overblown-says-morgan-stanley><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2022 has been tough going for most. The well-known headwinds of unabating high inflation, the measures taken to tame it amidst fears of a full-blown recession have seen even the sturdiest of models ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/microsoft-stock-investor-fears-are-overblown-says-morgan-stanley\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.tipranks.com/news/article/microsoft-stock-investor-fears-are-overblown-says-morgan-stanley","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146639925","content_text":"2022 has been tough going for most. The well-known headwinds of unabating high inflation, the measures taken to tame it amidst fears of a full-blown recession have seen even the sturdiest of models come under pressure.Most have fallen victim to the macro whims, including tech giant Microsoft (MSFT), whose recent September quarter results (F1Q23) were a disappointing affair.So, where to now? Morgan Stanley analyst Keith Weiss believes investor concerns center around two main issues – margins and revenue growth.For the former, the bigger-than-anticipated FQ2 operating expense guide suggests the company is reluctant to slash expenses so to “better protect” operating margins. While for the latter, considering the Commercial segment grew 22% cc (constant currency) in FQ1, a revenue outlook of “durable” 20% cc Commercial growth that does not seem to be “de-risked.”“From our perspective,” says the 5-star analyst, “the two investor concerns go hand in hand. The company still sees a strong (and durable) demand signal around these secular growth opportunities, especially within the Commercial business, which requires continued investments to yield.”Microsoft wants to maintain current investments so to gain market share, win a larger share of IT budgets as businesses look to consolidate vendors, and maintain strategic long-term positioning rather than cut more drastically to maximize near-term profitability. This is due to its strong competitive positioning in advance of significant secular growth opportunities.“We largely agree with the strategy here,” opines Weiss, “as the strength of Microsoft’s positioning across key secular growth segments remains unchanged. Mix shift toward faster growing Azure and Dynamics 365 and relatively durable Office 365 growth (in constant currency) help support management’s goal of 20% constant currency growth across its Commercial businesses.”As such, Weiss, stays “confident in the long-term secular growth story,” and believes that given its positioning, the stock is “relatively under valued” compared to peers.All told, then, the analyst sticks with an Overweight (i.e., Buy) rating backed by a $307 price target. The implication for investors? Upside of 28% from current levels.Most on the Street agree; with 26 Buys against 3 Holds, the stock receives a Strong Buy consensus rating. 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","text":"$MAPLETREE LOGISTICS TRUST(M44U.SI)$[Grin] [Grin] waiting for more good news[Sly] [Sly] [Happy] [Happy]","images":[{"img":"https://community-static.tradeup.com/news/7ef79d8e1e1871d4a12f6c6a88296fab","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903499454","isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9904790200,"gmtCreate":1660093699502,"gmtModify":1703477803940,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> down, but is it out? Is there hope for this once upon a time high flyer?","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> down, but is it out? Is there hope for this once upon a time high flyer?","text":"$Palantir Technologies Inc.(PLTR)$ down, but is it out? Is there hope for this once upon a time high flyer?","images":[{"img":"https://community-static.tradeup.com/news/a07b4c9340cce326a3a010d86e6a6514","width":"1080","height":"2391"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904790200","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9903330710,"gmtCreate":1658969522630,"gmtModify":1676536236521,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DCRU.SI\">$DigiCore Reit USD(DCRU.SI)$</a> [Happy] [Happy] [Happy] [Happy] [Grin] [Grin] [Grin] [Grin] [Sly] [Sly] [Sly] [Sly] ","listText":"<a href=\"https://ttm.financial/S/DCRU.SI\">$DigiCore Reit USD(DCRU.SI)$</a> [Happy] [Happy] [Happy] [Happy] [Grin] [Grin] [Grin] [Grin] [Sly] [Sly] [Sly] [Sly] ","text":"$DigiCore Reit USD(DCRU.SI)$ [Happy] [Happy] [Happy] [Happy] [Grin] [Grin] [Grin] [Grin] [Sly] [Sly] [Sly] [Sly]","images":[{"img":"https://community-static.tradeup.com/news/2dc6b2f640025c3fe0eaecc34aa981c8","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903330710","isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9053678148,"gmtCreate":1654552356784,"gmtModify":1676535464766,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C07.SI\">$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$</a>toying with $30. Matter of time before it crosses $30 decisively.","listText":"<a href=\"https://ttm.financial/S/C07.SI\">$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$</a>toying with $30. Matter of time before it crosses $30 decisively.","text":"$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$toying with $30. Matter of time before it crosses $30 decisively.","images":[{"img":"https://community-static.tradeup.com/news/3d4dded2b3943b8a2879ea7809b0c4b7","width":"1080","height":"3326"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053678148","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9929856105,"gmtCreate":1670639658608,"gmtModify":1676538410359,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"0\"></v-v>Bearish ","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"0\"></v-v>Bearish ","text":"$Alphabet(GOOGL)$ Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929856105","isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024208996,"gmtCreate":1653871099415,"gmtModify":1676535354004,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>woke up after long slumber","listText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>woke up after long slumber","text":"$DYNA-MAC HOLDINGS LTD.(NO4.SI)$woke up after long slumber","images":[{"img":"https://community-static.tradeup.com/news/0d9b48b0695e60605220160801bb4ffa","width":"1080","height":"3326"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9024208996","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3552850525395609","authorId":"3552850525395609","name":"moliya","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"idStr":"3552850525395609","authorIdStr":"3552850525395609"},"content":"no PND it is due to new contract they receive","text":"no PND it is due to new contract they receive","html":"no PND it is due to new contract they receive"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9907648871,"gmtCreate":1660187751296,"gmtModify":1703478915335,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/9CI.SI\">$CapitaLandInves(9CI.SI)$</a> buy on weakness","listText":"<a href=\"https://ttm.financial/S/9CI.SI\">$CapitaLandInves(9CI.SI)$</a> buy on weakness","text":"$CapitaLandInves(9CI.SI)$ buy on weakness","images":[{"img":"https://community-static.tradeup.com/news/edbded055e2f5c5b7520e40b6906e810","width":"1080","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907648871","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4101144485256300","authorId":"4101144485256300","name":"Bunifa Latif","avatar":"https://static.tigerbbs.com/26345dcc52c7fb5e31b8214c4b0f3b11","crmLevel":8,"crmLevelSwitch":0,"idStr":"4101144485256300","authorIdStr":"4101144485256300"},"content":"It is really quite weak. I suspect the price will be tested further downwards. Dont forget the markets are rebounding yet this stock has tumbled","text":"It is really quite weak. I suspect the price will be tested further downwards. Dont forget the markets are rebounding yet this stock has tumbled","html":"It is really quite weak. I suspect the price will be tested further downwards. Dont forget the markets are rebounding yet this stock has tumbled"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9046489635,"gmtCreate":1656376934227,"gmtModify":1676535816850,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a><v-v data-views=\"1\"></v-v>[Grin] bullish","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a><v-v data-views=\"1\"></v-v>[Grin] bullish","text":"$AMC Entertainment(AMC)$[Grin] bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046489635","isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053917459,"gmtCreate":1654474996471,"gmtModify":1676535452509,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>buy the dip!!!","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>buy the dip!!!","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$buy the dip!!!","images":[{"img":"https://community-static.tradeup.com/news/fdfe7519fddabda10605edb8821a8c92","width":"1080","height":"3326"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053917459","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9047739739,"gmtCreate":1656977266721,"gmtModify":1676535923872,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a> not recession proof after all","listText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a> not recession proof after all","text":"$KEPPEL DC REIT(AJBU.SI)$ not recession proof after all","images":[{"img":"https://community-static.tradeup.com/news/9ac90f7bdbe39955ddec8afcdf163ded","width":"1080","height":"1917"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047739739","isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9915937108,"gmtCreate":1664934780404,"gmtModify":1676537531877,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/F34.SI\">$WILMAR INTERNATIONAL LIMITED(F34.SI)$</a><v-v data-views=\"0\"></v-v>Bearish ","listText":"<a href=\"https://ttm.financial/S/F34.SI\">$WILMAR INTERNATIONAL LIMITED(F34.SI)$</a><v-v data-views=\"0\"></v-v>Bearish ","text":"$WILMAR INTERNATIONAL LIMITED(F34.SI)$Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9915937108","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078885219,"gmtCreate":1657670861631,"gmtModify":1676536042387,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C09.SI\">$CITY DEVELOPMENTS LIMITED(C09.SI)$</a>dropped, what is going on???","listText":"<a href=\"https://ttm.financial/S/C09.SI\">$CITY DEVELOPMENTS LIMITED(C09.SI)$</a>dropped, what is going on???","text":"$CITY DEVELOPMENTS LIMITED(C09.SI)$dropped, what is going on???","images":[{"img":"https://community-static.tradeup.com/news/de0d3dc9aba91dfb7aa3df5c26ca7912","width":"1080","height":"1917"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078885219","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9073887430,"gmtCreate":1657327293020,"gmtModify":1676535990908,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a> uh oh. Merger cancelled!!!![Sad] [Sad] [Anger] [Anger] ","listText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a> uh oh. Merger cancelled!!!![Sad] [Sad] [Anger] [Anger] ","text":"$Twitter(TWTR)$ uh oh. Merger cancelled!!!![Sad] [Sad] [Anger] [Anger]","images":[{"img":"https://community-static.tradeup.com/news/61bde92d67d2c701c7507f13c72f9099","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073887430","isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4095222842422150","authorId":"4095222842422150","name":"aiyoh79","avatar":"https://static.tigerbbs.com/8b4d6ba5b13f7e724af3472b596ca6ac","crmLevel":2,"crmLevelSwitch":0,"idStr":"4095222842422150","authorIdStr":"4095222842422150"},"content":"Is a disaster from the start. So far the verdict seems to suggest twitter will at least get the 1 billion break up fee","text":"Is a disaster from the start. So far the verdict seems to suggest twitter will at least get the 1 billion break up fee","html":"Is a disaster from the start. So far the verdict seems to suggest twitter will at least get the 1 billion break up fee"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9055364770,"gmtCreate":1655247858790,"gmtModify":1676535592466,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055364770","repostId":"2243984945","repostType":2,"repost":{"id":"2243984945","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1655247566,"share":"https://ttm.financial/m/news/2243984945?lang=&edition=fundamental","pubTime":"2022-06-15 06:59","market":"us","language":"en","title":"US STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap","url":"https://stock-news.laohu8.com/highlight/detail?id=2243984945","media":"Reuters","summary":"(Reuters) - The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-o","content":"<html><head></head><body><p>(Reuters) - The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank's policy path will be.</p><p>Analyst expectations had largely been predicting the Fed would hike by 50 basis points at the conclusion of its meeting on Wednesday.</p><p>However, views that a 75 basis point hike was on the table have been growing after Friday's higher-than-expected consumer price index (CPI) data for May. In addition, a report from the Wall Street Journal on Monday and forecasts from several banks, including JP Morgan and Goldman Sachs, signaling a 75 basis point hike have bolstered that belief.</p><p>Traders are currently pricing in a more than 90% chance of a 75 basis point hike, up from 3.9% a week ago, according to CME's FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.</p><p>Data on Tuesday showed that the producer prices index (PPI), while slightly less than expectations on a year-over-year basis for May, remained high as gasoline prices jumped.</p><p>"Ultimately, even though we are seeing even more red and more negative pressure here, in general today we believe is really a wait-and-see day," said Greg Bassuk, CEO at AXS Investments in Port Chester, New York.</p><p>"The PPI numbers today put to bed any questions around the extent of rising prices and inflation - the big question is going to be how aggressive the Fed is going to be literally this week - not so much even projecting out, but how much they are going to take the bull by the horns this week and really try to make some moves that could ease recessionary fears."</p><p>The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83, the S&P 500 lost 14.15 points, or 0.38%, to 3,735.48 and the Nasdaq Composite added 19.12 points, or 0.18%, to 10,828.35.</p><p>The benchmark S&P 500 suffered its fifth straight daily decline, marking its longest losing streak since early January. Monday's declines put the index down more than 20% from its most recent record high, confirming a bear market began on Jan. 3, according to a commonly used definition.</p><p>Among individual stocks, swimming pool supplies distributor Pool Corp slumped 5.27% after Jefferies cut its price target on the stock to $400 from $485.</p><p>FedEx Corp surged 14.41% after raising its quarterly dividend by more than 50%, while Oracle Corp gained 10.41% after posting upbeat quarterly results on demand for its cloud products.</p><p>Continental Resources Inc jumped 15.07% after the shale producer received an all-cash buyout offer from its founder Harold Hamm, valuing the company at $25.41 billion.</p><p>Volume on U.S. exchanges was 12.49 billion shares, compared with the 12.01 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.</p><p>The S&P 500 posted 2 new 52-week highs and 77 new lows; the Nasdaq Composite recorded 11 new highs and 641 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-15 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank's policy path will be.</p><p>Analyst expectations had largely been predicting the Fed would hike by 50 basis points at the conclusion of its meeting on Wednesday.</p><p>However, views that a 75 basis point hike was on the table have been growing after Friday's higher-than-expected consumer price index (CPI) data for May. In addition, a report from the Wall Street Journal on Monday and forecasts from several banks, including JP Morgan and Goldman Sachs, signaling a 75 basis point hike have bolstered that belief.</p><p>Traders are currently pricing in a more than 90% chance of a 75 basis point hike, up from 3.9% a week ago, according to CME's FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.</p><p>Data on Tuesday showed that the producer prices index (PPI), while slightly less than expectations on a year-over-year basis for May, remained high as gasoline prices jumped.</p><p>"Ultimately, even though we are seeing even more red and more negative pressure here, in general today we believe is really a wait-and-see day," said Greg Bassuk, CEO at AXS Investments in Port Chester, New York.</p><p>"The PPI numbers today put to bed any questions around the extent of rising prices and inflation - the big question is going to be how aggressive the Fed is going to be literally this week - not so much even projecting out, but how much they are going to take the bull by the horns this week and really try to make some moves that could ease recessionary fears."</p><p>The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83, the S&P 500 lost 14.15 points, or 0.38%, to 3,735.48 and the Nasdaq Composite added 19.12 points, or 0.18%, to 10,828.35.</p><p>The benchmark S&P 500 suffered its fifth straight daily decline, marking its longest losing streak since early January. Monday's declines put the index down more than 20% from its most recent record high, confirming a bear market began on Jan. 3, according to a commonly used definition.</p><p>Among individual stocks, swimming pool supplies distributor Pool Corp slumped 5.27% after Jefferies cut its price target on the stock to $400 from $485.</p><p>FedEx Corp surged 14.41% after raising its quarterly dividend by more than 50%, while Oracle Corp gained 10.41% after posting upbeat quarterly results on demand for its cloud products.</p><p>Continental Resources Inc jumped 15.07% after the shale producer received an all-cash buyout offer from its founder Harold Hamm, valuing the company at $25.41 billion.</p><p>Volume on U.S. exchanges was 12.49 billion shares, compared with the 12.01 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.</p><p>The S&P 500 posted 2 new 52-week highs and 77 new lows; the Nasdaq Composite recorded 11 new highs and 641 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243984945","content_text":"(Reuters) - The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank's policy path will be.Analyst expectations had largely been predicting the Fed would hike by 50 basis points at the conclusion of its meeting on Wednesday.However, views that a 75 basis point hike was on the table have been growing after Friday's higher-than-expected consumer price index (CPI) data for May. In addition, a report from the Wall Street Journal on Monday and forecasts from several banks, including JP Morgan and Goldman Sachs, signaling a 75 basis point hike have bolstered that belief.Traders are currently pricing in a more than 90% chance of a 75 basis point hike, up from 3.9% a week ago, according to CME's FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.Data on Tuesday showed that the producer prices index (PPI), while slightly less than expectations on a year-over-year basis for May, remained high as gasoline prices jumped.\"Ultimately, even though we are seeing even more red and more negative pressure here, in general today we believe is really a wait-and-see day,\" said Greg Bassuk, CEO at AXS Investments in Port Chester, New York.\"The PPI numbers today put to bed any questions around the extent of rising prices and inflation - the big question is going to be how aggressive the Fed is going to be literally this week - not so much even projecting out, but how much they are going to take the bull by the horns this week and really try to make some moves that could ease recessionary fears.\"The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83, the S&P 500 lost 14.15 points, or 0.38%, to 3,735.48 and the Nasdaq Composite added 19.12 points, or 0.18%, to 10,828.35.The benchmark S&P 500 suffered its fifth straight daily decline, marking its longest losing streak since early January. Monday's declines put the index down more than 20% from its most recent record high, confirming a bear market began on Jan. 3, according to a commonly used definition.Among individual stocks, swimming pool supplies distributor Pool Corp slumped 5.27% after Jefferies cut its price target on the stock to $400 from $485.FedEx Corp surged 14.41% after raising its quarterly dividend by more than 50%, while Oracle Corp gained 10.41% after posting upbeat quarterly results on demand for its cloud products.Continental Resources Inc jumped 15.07% after the shale producer received an all-cash buyout offer from its founder Harold Hamm, valuing the company at $25.41 billion.Volume on U.S. exchanges was 12.49 billion shares, compared with the 12.01 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.The S&P 500 posted 2 new 52-week highs and 77 new lows; the Nasdaq Composite recorded 11 new highs and 641 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9056986788,"gmtCreate":1654921999944,"gmtModify":1676535535431,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"Time to buy buy buy","listText":"Time to buy buy buy","text":"Time to buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9056986788","repostId":"1137297379","repostType":4,"repost":{"id":"1137297379","kind":"news","pubTimestamp":1654912141,"share":"https://ttm.financial/m/news/1137297379?lang=&edition=fundamental","pubTime":"2022-06-11 09:49","market":"us","language":"en","title":"AAPL, AMZN, GOOG, INTC, MSFT: Why Are Tech Stocks Down Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=1137297379","media":"InvestorPlace","summary":"Tech stocks such as Apple(NASDAQ:AAPL), Amazon(NASDAQ:AMZN), Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL), In","content":"<html><head></head><body><ul><li>Tech stocks such as <b>Apple</b>(NASDAQ:<b><u>AAPL</u></b>), <b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>), <b>Alphabet</b>(NASDAQ:<b><u>GOOG</u></b>, NASDAQ:<b><u>GOOGL</u></b>), <b>Intel</b>(NASDAQ:<b><u>INTC</u></b>) and <b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>) are all down big today.</li><li>The downside moves in these companies appear to be directly tied to today's CPI print.</li><li>Additionally, slower rates of hiring could indicate demand destruction on the horizon, impacting all tech stocks.</li></ul><p>Today, tech stocks are in focus for most investors. A basket of mega-cap companies, including <b>Apple</b>(NASDAQ:<b><u>AAPL</u></b>), <b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>), <b>Alphabet</b>(NASDAQ:<b><u>GOOG</u></b>, NASDAQ:<b><u>GOOGL</u></b>), <b>Intel</b>(NASDAQ:<b><u>INTC</u></b>) and <b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>), are all down considerably. These one-day moves are the continuation of an overall downtrend we’ve seen throughout this year. On a year-to-date basis, most of the names on this list are down more than 25% at the time of writing.</p><p>Now, for more than a month, the <b>Nasdaq</b> has been in a bear market. The rapid decline in valuations we’ve seen across the board has typically hit more unprofitable and speculative names the hardest. However, the fact that investors are now seeing similar sorts of results from mega-cap tech stocks is worrisome. Indeed, many may be wondering when the carnage will end.</p><p>Let’s dive into some of the factors that are contributing to this bear market in tech right now.</p><p><b>Why Are Tech Stocks Down Today?</b></p><p>The most notable factor driving tech stocks lower today was a rather dismal inflation print. The most recent consumer price index (CPI) data for May is in, and we have a fresh new multi-decade high. May’s reading of 8.6% is the highest since 1981. More importantly, this is much higher than predictions of 8.3%. Additionally, this number is more than the previous 8.5% reading we got in March.</p><p>What does this have to do with tech stocks?</p><p>Well, these picks tend to trade at higher valuations than the rest of the market due to these companies’ growth profiles. Investors will pay more for growth in good times. However, if they think a downturn is on the horizon, multiples contract to “historical” levels. That’s what we’re seeing now — a broad-based reevaluation of the market.</p><p>Additionally, recent reports indicating several tech companies are slowing hiring isn’t helping the view that growth will proliferate from here. Reduced hiring could indicate less demand on the horizon. Indeed, corporate America tends to know a thing or two about how to size its businesses.</p><p>Overall, these macro factors are likely to be hard to overcome. Given how fast inflation is rising, perhaps the worst of the selling pressure isn’t over. At least, that’s what the market is pricing in today.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AAPL, AMZN, GOOG, INTC, MSFT: Why Are Tech Stocks Down Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAAPL, AMZN, GOOG, INTC, MSFT: Why Are Tech Stocks Down Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-11 09:49 GMT+8 <a href=https://investorplace.com/2022/06/aapl-amzn-goog-intc-msft-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks such as Apple(NASDAQ:AAPL), Amazon(NASDAQ:AMZN), Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL), Intel(NASDAQ:INTC) and Microsoft(NASDAQ:MSFT) are all down big today.The downside moves in these ...</p>\n\n<a href=\"https://investorplace.com/2022/06/aapl-amzn-goog-intc-msft-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","INTC":"英特尔","GOOGL":"谷歌A","MSFT":"微软","AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://investorplace.com/2022/06/aapl-amzn-goog-intc-msft-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137297379","content_text":"Tech stocks such as Apple(NASDAQ:AAPL), Amazon(NASDAQ:AMZN), Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL), Intel(NASDAQ:INTC) and Microsoft(NASDAQ:MSFT) are all down big today.The downside moves in these companies appear to be directly tied to today's CPI print.Additionally, slower rates of hiring could indicate demand destruction on the horizon, impacting all tech stocks.Today, tech stocks are in focus for most investors. A basket of mega-cap companies, including Apple(NASDAQ:AAPL), Amazon(NASDAQ:AMZN), Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL), Intel(NASDAQ:INTC) and Microsoft(NASDAQ:MSFT), are all down considerably. These one-day moves are the continuation of an overall downtrend we’ve seen throughout this year. On a year-to-date basis, most of the names on this list are down more than 25% at the time of writing.Now, for more than a month, the Nasdaq has been in a bear market. The rapid decline in valuations we’ve seen across the board has typically hit more unprofitable and speculative names the hardest. However, the fact that investors are now seeing similar sorts of results from mega-cap tech stocks is worrisome. Indeed, many may be wondering when the carnage will end.Let’s dive into some of the factors that are contributing to this bear market in tech right now.Why Are Tech Stocks Down Today?The most notable factor driving tech stocks lower today was a rather dismal inflation print. The most recent consumer price index (CPI) data for May is in, and we have a fresh new multi-decade high. May’s reading of 8.6% is the highest since 1981. More importantly, this is much higher than predictions of 8.3%. Additionally, this number is more than the previous 8.5% reading we got in March.What does this have to do with tech stocks?Well, these picks tend to trade at higher valuations than the rest of the market due to these companies’ growth profiles. Investors will pay more for growth in good times. However, if they think a downturn is on the horizon, multiples contract to “historical” levels. That’s what we’re seeing now — a broad-based reevaluation of the market.Additionally, recent reports indicating several tech companies are slowing hiring isn’t helping the view that growth will proliferate from here. Reduced hiring could indicate less demand on the horizon. Indeed, corporate America tends to know a thing or two about how to size its businesses.Overall, these macro factors are likely to be hard to overcome. Given how fast inflation is rising, perhaps the worst of the selling pressure isn’t over. At least, that’s what the market is pricing in today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960810640,"gmtCreate":1668123867280,"gmtModify":1676538015476,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960810640","repostId":"1122915998","repostType":2,"repost":{"id":"1122915998","kind":"news","pubTimestamp":1668118907,"share":"https://ttm.financial/m/news/1122915998?lang=&edition=fundamental","pubTime":"2022-11-11 06:21","market":"us","language":"en","title":"Amazon Surges the Most Since February on Cost-Cutting Review","url":"https://stock-news.laohu8.com/highlight/detail?id=1122915998","media":"Bloomberg","summary":"E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon","content":"<html><head></head><body><ul><li>E-commerce giant already has paused hiring companywide</li><li>Positive inflation data also helps lift Amazon’s shares</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/547bca4a007cf1fe199ae649f4ffd77d\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Andy JassyPhotographer: David Ryder/Bloomberg</span></p><p>Amazon.com Inc. shares gained 12% on news that Chief Executive Officer Andy Jassy has embarked on a review of expenses, part of broader efforts to streamline the world’s largest e-commerce company.</p><p>Amazon said in a statement to Bloomberg News that its annual operating-plan review will have a particular focus on trimming expenses this year as it copes with a slowing economy. The Wall Street Journal reported earlier that the assessment was underway and that employees in certain divisions have been told to look for jobs elsewhere in the company because their teams are being suspended or shut down.</p><p>“Our senior leadership team regularly reviews our investment outlook and financial performance, including as part of our annual operating plan review, which occurs in the fall each year,” the Seattle-based company said in the statement. “As part of this year’s review, we’re of course taking into account the current macro-environment and considering opportunities to optimize costs.”</p><p>The news boosted a stock that was already up on positive inflation news. The latest data on consumer prices came in better than expected Thursday, easing concerns about Federal Reserve interest rate hikes.</p><p>Amazon shares rose to $96.63, marking their largest one-day gain since Feb. 4. They had been down 48% this year through Wednesday, part of a rout that has hammered the biggest tech companies.</p><p><img src=\"https://static.tigerbbs.com/3db4a54aeb4c2588271d268fd2bed449\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Already, Amazon has been taking increasingly aggressive steps to rein in expenditures. The company said last week that it was pausing “new incremental” hiring across its corporate workforce as it copes with a slower economy. Amazon has effectively stopped recruiting for new roles companywide, even at profitable divisions, such as its advertising business.</p><p>Amazon said Thursday that it remains confident in its overall operations, as well as initiatives such as Prime Video, Alexa, Grocery, Kuiper, Zoox and its health-care efforts.</p><p>Most big tech companies are hitting the brakes on hiring plans, but Amazon is dealing with an especially severe pandemic hangover. The company almost doubled its headcount during Covid-19 restrictions to handle a surge in orders from home-bound consumers.</p><p>When shoppers returned to their previous habits this year, Amazon had to pare back its logistics operations. As the economic outlook darkened and it became clear that a slowdown in online sales growth was here to stay, the cutbacks spread to Amazon’s corporate offices.</p><p>When Amazon forecas tits slowest-ever holiday growth last month, Chief Financial Officer Brian Olsavsky said the company was “taking actions to tighten our belt.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Surges the Most Since February on Cost-Cutting Review</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Surges the Most Since February on Cost-Cutting Review\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-11 06:21 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon’s sharesAndy JassyPhotographer: David Ryder/BloombergAmazon.com Inc. shares gained 12% on news that...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122915998","content_text":"E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon’s sharesAndy JassyPhotographer: David Ryder/BloombergAmazon.com Inc. shares gained 12% on news that Chief Executive Officer Andy Jassy has embarked on a review of expenses, part of broader efforts to streamline the world’s largest e-commerce company.Amazon said in a statement to Bloomberg News that its annual operating-plan review will have a particular focus on trimming expenses this year as it copes with a slowing economy. The Wall Street Journal reported earlier that the assessment was underway and that employees in certain divisions have been told to look for jobs elsewhere in the company because their teams are being suspended or shut down.“Our senior leadership team regularly reviews our investment outlook and financial performance, including as part of our annual operating plan review, which occurs in the fall each year,” the Seattle-based company said in the statement. “As part of this year’s review, we’re of course taking into account the current macro-environment and considering opportunities to optimize costs.”The news boosted a stock that was already up on positive inflation news. The latest data on consumer prices came in better than expected Thursday, easing concerns about Federal Reserve interest rate hikes.Amazon shares rose to $96.63, marking their largest one-day gain since Feb. 4. They had been down 48% this year through Wednesday, part of a rout that has hammered the biggest tech companies.Already, Amazon has been taking increasingly aggressive steps to rein in expenditures. The company said last week that it was pausing “new incremental” hiring across its corporate workforce as it copes with a slower economy. Amazon has effectively stopped recruiting for new roles companywide, even at profitable divisions, such as its advertising business.Amazon said Thursday that it remains confident in its overall operations, as well as initiatives such as Prime Video, Alexa, Grocery, Kuiper, Zoox and its health-care efforts.Most big tech companies are hitting the brakes on hiring plans, but Amazon is dealing with an especially severe pandemic hangover. The company almost doubled its headcount during Covid-19 restrictions to handle a surge in orders from home-bound consumers.When shoppers returned to their previous habits this year, Amazon had to pare back its logistics operations. As the economic outlook darkened and it became clear that a slowdown in online sales growth was here to stay, the cutbacks spread to Amazon’s corporate offices.When Amazon forecas tits slowest-ever holiday growth last month, Chief Financial Officer Brian Olsavsky said the company was “taking actions to tighten our belt.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982224582,"gmtCreate":1667190841646,"gmtModify":1676537874409,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"About time","listText":"About time","text":"About time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982224582","repostId":"2279423829","repostType":2,"repost":{"id":"2279423829","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1667186258,"share":"https://ttm.financial/m/news/2279423829?lang=&edition=fundamental","pubTime":"2022-10-31 11:17","market":"us","language":"en","title":"Elon Musk Says Twitter Will Revise How It Verifies Users","url":"https://stock-news.laohu8.com/highlight/detail?id=2279423829","media":"Reuters","summary":"Oct 30 (Reuters) - Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world's most influential social media platforms.\"Whol","content":"<html><head></head><body><p>Oct 30 (Reuters) - Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world's most influential social media platforms.</p><p>"Whole verification process is being revamped right now", Musk said in his tweet without giving more details.</p><p>Twitter is considering charging for the coveted blue check mark verifying the identity of its account holder, technology newsletter Platformer reported on Sunday, citing two people familiar with the matter.</p><p>Users would have to subscribe to Twitter Blue at $4.99 a month or lose their "verified" badges if the project moves forward, according to the report.</p><p>The CEO of Tesla Inc has not made a final decision and the project could still be scrapped but according to Platformer it is likely that verification will become a part of Twitter Blue.</p><p>Separately, The Verge reported on Sunday that Twitter will increase the subscription price for Twitter Blue, which also verifies users, from $4.99 a month to $19.99 a month, citing internal correspondence seen by them.</p><p>Twitter Blue was launched in June last year as the platform's first subscription service, which offers "exclusive access to premium features" on a monthly subscription basis including an option to edit tweets.</p><p>The feature to edit tweets was also made available earlier this month after Musk launched a Twitter poll in April asking his millions of followers whether they wanted an edit button. Over 70% had said yes.</p><p>Musk has also requested that logged out users visiting Twitter's site be redirected to Explore page which shows trending tweets, according to a separate Verge report on Sunday citing employees who were familiar with the matter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Says Twitter Will Revise How It Verifies Users</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Says Twitter Will Revise How It Verifies Users\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-31 11:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Oct 30 (Reuters) - Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world's most influential social media platforms.</p><p>"Whole verification process is being revamped right now", Musk said in his tweet without giving more details.</p><p>Twitter is considering charging for the coveted blue check mark verifying the identity of its account holder, technology newsletter Platformer reported on Sunday, citing two people familiar with the matter.</p><p>Users would have to subscribe to Twitter Blue at $4.99 a month or lose their "verified" badges if the project moves forward, according to the report.</p><p>The CEO of Tesla Inc has not made a final decision and the project could still be scrapped but according to Platformer it is likely that verification will become a part of Twitter Blue.</p><p>Separately, The Verge reported on Sunday that Twitter will increase the subscription price for Twitter Blue, which also verifies users, from $4.99 a month to $19.99 a month, citing internal correspondence seen by them.</p><p>Twitter Blue was launched in June last year as the platform's first subscription service, which offers "exclusive access to premium features" on a monthly subscription basis including an option to edit tweets.</p><p>The feature to edit tweets was also made available earlier this month after Musk launched a Twitter poll in April asking his millions of followers whether they wanted an edit button. Over 70% had said yes.</p><p>Musk has also requested that logged out users visiting Twitter's site be redirected to Explore page which shows trending tweets, according to a separate Verge report on Sunday citing employees who were familiar with the matter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2279423829","content_text":"Oct 30 (Reuters) - Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world's most influential social media platforms.\"Whole verification process is being revamped right now\", Musk said in his tweet without giving more details.Twitter is considering charging for the coveted blue check mark verifying the identity of its account holder, technology newsletter Platformer reported on Sunday, citing two people familiar with the matter.Users would have to subscribe to Twitter Blue at $4.99 a month or lose their \"verified\" badges if the project moves forward, according to the report.The CEO of Tesla Inc has not made a final decision and the project could still be scrapped but according to Platformer it is likely that verification will become a part of Twitter Blue.Separately, The Verge reported on Sunday that Twitter will increase the subscription price for Twitter Blue, which also verifies users, from $4.99 a month to $19.99 a month, citing internal correspondence seen by them.Twitter Blue was launched in June last year as the platform's first subscription service, which offers \"exclusive access to premium features\" on a monthly subscription basis including an option to edit tweets.The feature to edit tweets was also made available earlier this month after Musk launched a Twitter poll in April asking his millions of followers whether they wanted an edit button. Over 70% had said yes.Musk has also requested that logged out users visiting Twitter's site be redirected to Explore page which shows trending tweets, according to a separate Verge report on Sunday citing employees who were familiar with the matter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981892377,"gmtCreate":1666449692899,"gmtModify":1676537757384,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a><v-v data-views=\"0\"></v-v>","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9981892377","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935375551,"gmtCreate":1663038192974,"gmtModify":1676537189257,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$</a>nice going","listText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$</a>nice going","text":"$GoPro(GPRO)$nice going","images":[{"img":"https://community-static.tradeup.com/news/25879bf673c0f29d13dc035cd53e20ed","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935375551","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9904346232,"gmtCreate":1660005786528,"gmtModify":1703476781792,"author":{"id":"4109224528330880","authorId":"4109224528330880","name":"gsazer","avatar":"https://community-static.tradeup.com/news/ccc49b4014f8640635428896f537dd50","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109224528330880","authorIdStr":"4109224528330880"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a> tweety bird says Elon is going to complete the deal....","listText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a> tweety bird says Elon is going to complete the deal....","text":"$Twitter(TWTR)$ tweety bird says Elon is going to complete the deal....","images":[{"img":"https://community-static.tradeup.com/news/f8441601a465dc7b9607dc42225f0275","width":"1080","height":"2391"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904346232","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}