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Kenya's apex bank retains benchmark rate at 7 pct
NAIROBI, Jan. 27 (Xinhua) -- The Central Bank of Kenya (CBK) on Wednesday retained its benchmark lending rate at 7.0 percent amid post-COVID-19 economic recovery.
KLCI rebounds, enroute to ending losing streak
KUALA LUMPUR: The FBM KLCI made a rebound on Wedneday after yesterday's rally fizzled to end on a negative note for the eighth straight session.
Sincerity can close ‘comfort women’ case
The victims have asked for “a sincere apology” rather than monetary reparations.
Ringgit to perform in 2021 despite short-term headwinds
PETALING JAYA: The ringgit is expected to remain on a positive trend this year on the back of a weakening United States dollar, despite near-term challenges for the Malaysian currency.
Asian markets swing as traders mull virus, vaccines and stimulus
HONG KONG (AFP): Equity investors trod warily on Wednesday (Jan 27)as they weighed hopes for a long-term recovery against immediate worries over surging virus infections, mutated strains and slow vaccine rollouts.
Vietnam: Foreign debts under control
HANOI (Vietnam News/ANN): The effective management of foreign loans has transformed Vietnam from a poor and heavily indebted country to one that international organisations consider to have a controlled external debt and is not in the group of countries with a debt burden.
GameStop extends Reddit driven hyper-rally after Musk tweet
(Reuters) - Amateur investors piled further into niche stocks on Tuesday, sending professional short sellers scrambling to cover losing bets, with GameStop skyrocketing for a fourth straight day, thanks in part to Elon Musk.
IMF projects China's economy to grow 8.1% in 2021
WASHINGTON (China Daily/ANN): The International Monetary Fund (IMF) on Tuesday (jAN 27) projected that China's economy will grow by 8.1 per cent in 2021,0.1 percentage point below the October forecast, according to the latest update to its World Economic Outlook (WEO).
Covid-proof Vietnam launches showcase to attract Thai investors
BANGKOK (The Nation/ANN): Vietnam launched a push to lure Thai investors on Tuesday (Jan 27), touting its status as one of the few economies that grew in 2020.
Oil prices steady as virus deaths rise, demand worries persist
NEW YORK: Oil prices were little changed on Tuesday as rising coronavirus deaths fed worries about the global demand outlook, but losses were capped by reports of a blast in Saudi Arabia.
