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THEY say never put all your money into one basket. But in the case of Permodalan Nasional Bhd (PNB), they had enjoyed a good run for many years by putting most of their money into the local financial markets, riding the boom of Malaysia’s economy.
IF working from home during the pandemic has shown anything, it’s that apartments and houses are our castles, like it or not. Hong Kong is emerging from a semi-lockdown (restaurants open, schools shut, workers everywhere on the home-office spectrum) and it’s clear that investors see refuge in housing, too.
PETALING JAYA: The container throughput contraction for MMC Corp Bhd is expected to widen drastically in the second quarter as the coronavirus (Covid-19) continued to wreak havoc along the global supply chain and disrupt port operations.
SYDNEY: Asian shares extended gains on Wednesday, as investors saw China's yuan fixing offering a modest olive branch to Washington amid a resurgence in trade tensions, while oil ended its winning streak on oversupply fears and weak demand.
KUALA LUMPUR: AmInvestment Research sees the selldown of MMC Corporation (MMC) on market expectations its port throughput would be hit by the Covid-19 pandemic as “overdone”.
NEW YORK: A gauge of global stock markets rose on Tuesday, snapping a three-day losing streak, while oil prices soared as investors shrugged off grim economic data on hopes the easing of coronavirus lockdowns will jump start economies and revive fuel demand.
INVESTMENT is taking on a new face, where faith in many of the once high-dividend yielders, has been shattered.
ROME/WASHINGTON: Italy and the United States were among a slew of countries tentatively easing coronavirus lockdowns on Monday to revive economies as global deaths surpassed a quarter of a million
NEW YORK: The dollar rose on risk aversion and global stock markets fell on Monday as U.S.-Chinese bickering over the origin of the coronavirus outbreak sparked fear of a new trade war, but Wall Street rebounded as the lifting of lockdowns in some U.S. states boosted optimism