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Bank stocks fall on speculation over further OPR cut
KUALA LUMPUR: Bursa Malaysia opened the week lower, led by a fall in bank stocks as speculation over a further interest rate cut by Bank Negara weighed on sentiment in the sector.
4As kicks-off 2021 training slate with focus on effectiveness
PETALING JAYA: The Association of Accredited Advertising Agents Malaysia (4As) is launching its slate of programmes for 2021 with the IPA Effectiveness Essentials Certificate, reaffirming its commitment to fostering continuous professional development for agency and marketing practitioners.
Making economic sense of food waste
WITH more people eating at home these days, food waste is becoming a bigger issue within households.
SIA raises US$500mil in debut USD bond
HONG KONG: Singapore Airlines (SIA) has raised US$500mil in its first US dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound.
Insight - These US$4,400 sneakers are the new stilettos
ON A chilly, gray afternoon, what strikes shoppers in the Jimmy Choo’s store on rue Saint-Honoré in Paris aren’t the Avril stiletto shoes with Swarovski crystals that sell for €3,495 (US$4,250) but rather the pair of crystal-encrusted Diamond black sneakers that are €100 more expensive.
Singapore Airlines to launch US dollar debt
SINGAPORE: Singapore Airlines launched its first US dollar bond yesterday to help fund the purchase of new aircraft, according to a term sheet seen by Reuters.
A domestic HSR still viable for Malaysia
PETALING JAYA: Economists are of the view that a high-speed rail (HSR) is still viable for Malaysia if the country decides to go alone in implementing the project.
Daily economic losses from MCO around RM750m, says CGS-CIMB Research
KUALA LUMPUR: CGS-CIMB Equities Research estimates the daily economic losses due to the second round of Malaysia’s Movement Control Order (MCO), which takes effect from Jan 13 to 26, at RM750mil.
Oil price falls on renewed lockdowns, stronger US$
NEW YORK: Oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also weighed on prices.
