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Sultan to personally drive investments into Johor
JOHOR BARU: The Ruler of Johor has expressed his wish to personally drive investments into the state as manufacturers worldwide prepare to step up production again in a post-Covid-19 era.
Singapore police probe two firms in alleged metal trade fraud
SINGAPORE, Feb 20 (Bloomberg): Singapore’s Commercial Affairs Department, a police unit for financial crime, is investigating two companies for alleged fraud related to a nickel investment scheme.
Petronas has contributed RM1.2 trillion for national development since 1976
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), in meeting stakeholders' demand, has contributed almost RM1.2 trillion since 1976 in the spirit of giving out to the society, especially when the country is grappling with the COVID-19 pandemic.
Ukraine prosecutor says there are no plans to revisit Burisma probes
LONDON (Reuters) - Ukraine's top prosecutor said on Friday investigations into Ukrainian energy company Burisma Holdings Ltd, a matter closely tied to a scandal that led to former U.S. President Donald Trump's first impeachment, have been closed with no plans to reopen them.
Inflationary expectations on the rise
Why is there inflation when there is supposed to be none? Hence, today’s piece about the outlook on inflation
Treasury Pulse - Forex, Treasuries, Bonds, Equities
AMID a short working week in conjunction of President Day holiday, the US dollar was on a roller-coaster ride under the week review, appreciating 0.12% to 90.59 while trading between a high and low of 90.95 and 90.48, respectively.
Bitcoin nears RM4.05tril value as crypto jump tops other assets
Bitcoin surge, coming close to a market value of US$1tril (RM4.05tril), outperformed traditional assets like stocks, gold, commodities and bonds in 2021.
Asian markets fall further as recovery pace fuels rate-hike fear
HONG KONG (AFP): Fears that the global recovery will fire inflation continued to weigh on Asian stocks Friday (Feb 19) as traders faced up to the fact that interest rates will not be kept at record lows forever.
GLOBAL MARKETS-Stocks fall as risk appetite sours
NEW YORK: A gauge of global equity markets fell for a third straight session on Thursday, dragged lower by weakness on Wall Street on views the market has climbed too high to soon, while a rise in weekly jobless claims pointed to a fragile recovery in the U.S. labor market.
Indonesia cuts interest rate as recovery stalls
JAKARTA: Indonesia’s central bank cut its benchmark interest rate to a record low and downgraded its growth outlook amid fears that a resurgence in Covid-19 cases is slowing its economic recovery.