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Disclosures on accounting errors need to be elaborate.
LONDON: Some of Europe’s strictest ESG funds are snubbing the world’s most liquid investment – the US$16 trillion US treasuries market.
KUALA LUMPUR: Finance Minister Lim Guan Eng will have to strike a right balance between the cyclical need of juicing up growth at a time of heightened global uncertainties, and the structural necessity of curtailing government debt build-up, said an economist.
KUALA LUMPUR: The Federal Government will allocate RM297bil or 18.4% of GDP under the proposed Budget 2020 for operating and development expenditure where emoluments account for a sizeable amount and continued focus on economic development.
WITH more flashing signs of less propitious global economic backdrop and the risk of a global recession is “high and rising” going into 2020, Malaysia’s real GDP growth is likely to decelerate to 4.5% in 2020 from an estimated 4.7% in 2019.
PETALING JAYA: The upcoming Budget 2020 will emphasise on new growth measures to address the high cost of living issue and improve the purchasing power of Malaysians, particularly the Bottom 40 (B40) segment, according to TA Securities.
Dubai: Saudi Arabia’s King Salman bin Abdulaziz named his son Prince Abdulaziz as the country’s energy minister, replacing Khalid Al-Falih, who led three years of active Opec diplomacy to forge a global alliance with producers such as Russia to limit production in order to prop up prices. Will this change the policy, or will it affect Saudi Aramco’s plan for an initial public offering?
Employers early on supported their workers’ desire to protest but have started to shift under pressure from Beijing
JAKARTA: Indonesia's president on Friday proposed to move the capital from Jakarta, a crowded, city of 10 million people, to the island of Borneo, though he left Indonesians guessing as to the exact location