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KUALA LUMPUR: Moody’s Investors Service forecasts an economic recovery in the US and China, and continued supportive policy, will bring a decline in Asia-Pacific (Apac) high-yield non-financial corporate default rates.
SYDNEY: When United Kingdom-based Goose Recruitment kicked off a recent campaign to find 30 Boeing Co 737 cargo pilots for a client in Europe, 400 resumes poured in within 48 hours.
PEOPLE who have invested heavily on China stocks in the past two years must be wondering when did it all start to go wrong? After all, China did celebrate the 100th anniversary of the Chinese Communist Party recently on July 1.
MICHIGAN: Ford Motor Co overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.
NEW YORK: U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
Their higher yields should keep investors interested
NEW YORK: China’s regulatory crackdown threatens to reverse a surge in underwriting fees for United States investment banks like Goldman Sachs Group Inc, Bank of America Corp and Morgan Stanley.
KUALA LUMPUR: Blue chips eked out slight gains on Wednesday, underpinned by Petronas-linked stocks, Tenaga Nasional and selected bank stocks but the broader market was slightly weaker due to the fresh record high Covid-19 infections.
KUALA LUMPUR: Value Partners Group Ltd has successful listed the VP-DJ Shariah China A-Shares 100 ETF, the world’s first A-share exchange traded fund (ETF), on Bursa Malaysia.
BEIJING: While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.