Daily Newswatch - 30 Dec 2024
• The FBM KLCI surged 0.9% to 1628.1 on December 30, 2024, driven by window-dressing activities in blue-chip stocks, with Tenaga rallying 4.0% following favorable new tariff settings for 2025-2027. • Reports from The Edge highlight a growing reliance on gig work due to digital economy expansion, sparking urgent calls for better legal protections for workers currently outside labor law coverage. • The Bank of Japan (BOJ) indicated that a potential interest rate hike in January remains a possibility despite a recent decision to maintain current rates.
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