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HONG KONG: Deals to take Hong Kong-listed companies private are set to accelerate next year, having already hit a three-year peak in 2020, as family-owned and other businesses reel from economic downturn amid the Covid-19 pandemic, bankers and investors said.
KUALA LUMPUR: LKL International Bhd’s (LKLIB) subsidiary, LKL Advance Metaltech Sdn Bhd (LKLAM), has signed a distributorship agreement with Komarkcorp Bhd’s subsidiary, Komark Mask (M) Sdn Bhd, to sell and distribute Komark Mask’s disposable medical grade face masks worldwide.
PETALING JAYA: The move by Fitch Ratings to downgrade Malaysia’s sovereign rating will not be followed by other global rating agencies and this will not derail the country as a safe haven for the capital market.
PETALING JAYA: Brent crude, the global oil benchmark, is expected to hover around US$45 per barrel by year-end and at a higher price of US$50 next year amid weak but recovering fundamentals.
LONDON/BRUSSELS: Britain and the European Union sought on Sunday to strike an elusive trade deal, with failure likely to end with trade in chaos, markets tumbling and a huge economic price to pay.
DO more, talk less is the advice given by Kevin Rudd, former Australian prime minister, to current Australian Prime Minister Scott Morrison, on his war of words with China.