Author: Thamin Abdul

  • What to do when markets sell off

    What to do when markets sell off

    How investors can respond to U.S.-China trade-related market volatility.
    What to do when markets sell off
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    https://investornews.vanguard/what-to-do-when-markets-sell-off/

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  • Forbes names 17 Vanguard ETFs among the best

    Forbes names 17 Vanguard ETFs among the best

    Vanguard’s entire suite of ETFs appears on the Forbes 8th annual rankings of Best ETFs for Investors, and 17 Vanguard ETFs were named to their Honor Roll.
    Forbes names 17 Vanguard ETFs among the best
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    https://investornews.vanguard/forbes-names-17-vanguard-etfs-among-the-best/

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  • The global economy at midyear: How our views have changed

    The global economy at midyear: How our views have changed

    Learn how Vanguard’s views on the economy and markets have shifted since the end of 2018.
    The global economy at midyear: How our views have changed
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    https://investornews.vanguard/the-global-economy-at-midyear-how-our-views-have-changed/

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  • Navigating college savings—part 2

    Navigating college savings—part 2

    Feeling unsure about your college savings plans? Even the savviest of savers can become bewildered when considering college savings options. In part 2 of this 2-part podcast, Maria and Joel tackle this topic, discussing the different types of 529 plans and how to navigate financial aid, gift contributions, assets, and taxes.
    Navigating college savings—part 2
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    https://investornews.vanguard/navigating-college-savings-part-2/

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  • Webcast replay: How to choose the right investments for you

    Webcast replay: How to choose the right investments for you

    In this replay of a recent webcast, Kahlilah Dowe, a Certified Financial Planner™ professional with Vanguard Personal Advisor Services® and Kim Stockton, an investment research analyst with Vanguard, walk through the 4 steps financial advisors take when choosing investments for their clients.
    Webcast replay: How to choose the right investments for you
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    https://investornews.vanguard/how-to-choose-the-right-investments-for-you/

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  • Nationwide movement restriction measures to begin on Wednesday (Updated)

    Nationwide movement restriction measures to begin on Wednesday (Updated)

    Nationwide movement restriction measures to begin on Wednesday (Updated) 1

    PETALING JAYA: Prime Minister Tan Sri Muhyiddin Yassin has declared that Malaysia will be placed under a nationwide movement restriction order from Wednesday (March 18) to March 31, 2020, due to the Covid-19 outbreak.

    The order, the first in the country’s history, was announced by the prime minister in a live broadcast over national television tonight.

    A total of 315 new positive cases of Covid-19 have been reported over the past two days, bringing the total in Malaysia to 553 cases.

    Of this total, 511 have been hospitalised while 42 people have recovered.

    Muhyiddin said the nationwide movement restriction order means that all business premises have to be shut down, except for outlets such as supermarkets and grocery stores selling daily essentials.

    He said all government and private premises would be closed, except for essential services such as utilities, telecommunications, transport, banking, health, pharmacies, ports, airports, cleaning and food supplies.

    He said the movement restriction also means all Malaysians will be banned from travelling abroad, and that no tourists or foreigners will be allowed to enter the country. Those who have just arrived from abroad must undergo self-quarantine for 14 days.

    All public and private schools, including kindergartens, nurseries, residential school and other educational institutions are also to close. All private and public higher institutions of learning will also close.

    Closure of all government and private premises except essential services such as water and electricity, telecommunication, postal service, transport, fuel, gas, lubrication, broadcasting, banking, health, pharmacy, fire-fighting, ports, airports, prisons, security and defence, sanitary services, provision and food supply.

    The order also calls on a ban on all mass gatherings, including religious, sports, social and cultural activities.

    The Prime Minister said the measures were taken to protect the rakyat from the spread of the virus but advised Malaysian to not panic and stay calm.

    Muhyiddin added that the Ministry of Domestic Trade and Consumer Affairs will ensure that the supply of groceries and health care essentials will be readily available.

    He also said that the government will address the situation daily and provided a hotline number – 0388882010- that will answer any queries from the public.

    In an immediate response, former health minister Datuk Seri Dr Dzulkefly Ahmad told theSun that the order was the right action made in the right time.

    “I am okay with it because it is in line with what I was advocating, I did not implement this earlier because at that time it wasn’t warranted and it wasn’t the right thing to do then,” he said.

    Meanwhile, Lawyer Mohamed Haniff Khatri Abdullah said that the provision of Section 11 (5) of the Prevention and Control of Infectious Diseases Act 1988 is read together with Section 24(a) of the same act.

    Haniff said this would make any breach to the restriction order a criminal offence.

    “The offense under section 11(5) carries a maximum sentence of two years imprisonment. Whereas the second offence under section 24(b) warrants a maximum imprisonment sentence of five years.”

    He also urged government officials to give a clear guideline on the extent of which a member of public can be out before it is considered an offense.

    “This is to ensure proper and dutiful compliance on the part of public and to allow strict enforcement by the authorities.” he told theSun.

    Nationwide movement restriction measures to begin on Wednesday (Updated)
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    https://www.thesundaily.my/local/nationwide-movement-restriction-measures-to-begin-on-wednesday-updated-IC2136749

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  • Man detained for spitting in lift, causing public anxiety

    Man detained for spitting in lift, causing public anxiety

    Man detained for spitting in lift, causing public anxiety 2

    GEORGE TOWN: An elderly man has been arrested for allegedly spitting on the buttons of a lift at a housing estate in Sungai Ara, Bayan Lepas near here, causing alarm amid fears of Covid-19.

    Southwest district police chief Supt A. Anbalagan said the 63-year-old snooker centre employee surrendered himself at the Bayan Lepas police station after a video of the abhorrent act went viral and was slammed by netizens.

    “At 7.25pm yesterday a teacher lodged a police report after receiving the viral video on WhatsApp. The Penang City Council (MBPP) and Health Ministry have been urged to clean up the lift and examine the man,“ he said here today.

    He said the man had undergone a health screening.

    “So far he showed no signs of Covid-19 infection and a urine drug test also came out negative,” he added.

    Anbalagan said the man had admitted to committing the act and police were completing the investigation papers for the case to be investigated under Section 427 of the Penal Code for committing mischief.

    Meanwhile, Anbalagan called on the public to cooperate by not resorting to acts that could aggravate fears and anxiety at a time when Covid-19 has been declared a pandemic. – Bernama

    Man detained for spitting in lift, causing public anxiety
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    https://www.thesundaily.my/local/man-detained-for-spitting-in-lift-causing-public-anxiety-IC2136875

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  • `Tikus` caught, brothers sought for shooting construction supervisor

    `Tikus` caught, brothers sought for shooting construction supervisor

    `Tikus` caught, brothers sought for shooting construction supervisor 3

    SIBU: A 47-year-old man involved in the shooting of a construction supervisor in front of a restaurant in Paradom, about 14 km from here yesterday afternoon, has been arrested by police.

    The suspect known as Tie Teck Ming who goes by the nickname ‘Tikus’, was held by a team from the Sibu Criminal Investigation Department in the Sungai Bidut area, nearly 17 km from the scene today.

    “We are currently questioning (the suspect) and will get a remand order against him tomorrow,“ said Sibu District police chief Stanley Jonathan Ringgit when met at the Central Police Station here.

    Two of the suspects’ brothers, aged 43 and 46, are still at large.

    Asked if the suspect was mentally disturbed as reported in a newspaper yesterday or under the influence of drugs, Stanley said the suspect showed no signs of mental impairment.

    However, he said the suspect may have been under the influence of drugs when provoking the victim, which ended up causing a fight between them.

    “During this period, we will be conducting a urine test on him,“ he added.

    In the incident at about 5pm yesterday, the victim and his friend were at a restaurant before ‘Tikus’ came and caused a commotion.

    A fistfight ensued, in which the suspect used a piece of wood to whack Tikus before the latter ran away with his younger brother Teck Hing, 43.

    The two of them then returned to the scene with Teck Ha, 46, armed with a machete and shotgun, and the victim was shot and injured while trying to escape in his four-wheel-drive vehicle.

    The victim later gave his statement to the police while receiving treatment at the Sibu Hospital.

    Classifying the case under Section 307 of the Penal Code for attempted murder, Stanley urged those with information on the whereabouts of Tikus’ two brothers to immediately contact the police, and warned that the two were armed and dangerous. – Bernama

    `Tikus` caught, brothers sought for shooting construction supervisor
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    https://www.thesundaily.my/local/tikus-caught-brothers-sought-for-shooting-construction-supervisor-KC2136851

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  • Firemen take 12 hours to put out Pengerang blaze

    Firemen take 12 hours to put out Pengerang blaze

    Firemen take 12 hours to put out Pengerang blaze 4

    KOTA TINGGI: The Fire and Rescue Department of Malaysia (JBPM) needed more than 12 hours to extinguish the blaze at the Pengerang Integrated Complex’s diesel hydro treating (DHT) unit last night.

    Johor JBPM operations commander Pauzan Ahmad said this was because the blaze was too intense and the pressure from the DHT piping system was too strong.

    “There were too many pipes at the scene, while those which were leaking were 15 feet high.

    “So, we had to do some cooling first to stabilise the situation,” he told a press conference, here today.

    Pauzan said that it was only when the pressure from the pipes began to subside that they were able to start searching for the victims and found the first body at 3.56am.

    The second and third bodies were discovered at 4am, followed by the fourth (9.12am) and fifth (12.42pm).

    “The fourth body was found on fourth level of the unit’s platform while the others were found on the ground floor,” he said.

    He said, after that, they carried out “flushing” to remove any material inside the pipes before allowing the forensic team to go in and begin their investigations.

    Meanwhile, he said the firefighting operation involved 107 officers and personnel from six Fire and Rescue Stations, including from Sebana Cove, Bandar Penawa, Pasir Gudang and Larkin. – Bernama

    Firemen take 12 hours to put out Pengerang blaze
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    https://www.thesundaily.my/local/firemen-take-12-hours-to-put-out-pengerang-blaze-XC2136819

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  • Annuar Musa appointed BN sec-gen

    Annuar Musa appointed BN sec-gen

    Annuar Musa appointed BN sec-gen 5

    KUALA LUMPUR: Tan Sri Annuar Musa (pix) has been appointed as the BN secretary-general to replace Datuk Seri Tengku Adnan Tengku Mansor.

    BN chairman Datuk Seri Dr Ahmad Zahid Hamidi, in a statement, said this was decided at the BN Supreme Council meeting today, which retained Tengku Adnan as the BN treasurer.

    “Datuk Mohamad Sahfri Ab Aziz will replace Senator Datuk Dr Ahmad Masrizal Muhammad as the BN executive secretary,” he said. – Bernama

    Annuar Musa appointed BN sec-gen
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    https://www.thesundaily.my/local/annuar-musa-appointed-bn-sec-gen-EC2136622

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