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Target price raised as group returns to profitability
NEW YORK: Oil rose about 4% on Tuesday to touch highs not seen since March as a third promising coronavirus vaccine raised hope for fuel- demand recovery and U.S. President-elect Joe Biden began his transition to the White House.
LONDON: British finance minister Rishi Sunak said there would be no return to austerity in a spending plan he will announce on Wednesday, even as the coronavirus crisis pushes Britain's further above 2 trillion pounds ($2.7 trillion).
LONDON: Rishi Sunak will this week begin grappling with Britain’s most challenging fiscal blowout since World War II, in what will ultimately become the defining test of his tenure as chancellor of the exchequer.
Permodalan Nasional Bhd (PNB), the country’s largest fund manager, surprised the market this week after announcing that it plans to sell its entire stake in one of its flagship investee companies – Chemical Company of Malaysia Bhd (CCM).
THE United States elections are nearly over, maybe. The country is divided down the middle but we still do not know whether the loser will get out of his playpen and concede to the winner.
TAIPEI: Taiwanese businesses boosted investment into China this year, despite Taipei’s push to reduce economic reliance on its giant neighbor amid a U.S.-China trade war and a growing military threat from Beijing.
LONDON: Britain has announced the biggest investment in its military since the end of the Cold War, despite the coronavirus crisis pummelling the economy, as the government seeks to define its post-Brexit role on the world stage