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Scrap gap drives China's copper and aluminium import boom
LONDON: China imported record amounts of refined copper and unwrought aluminium last year as the country's manufacturing sector bounced back faster and stronger from COVID-19 lockdowns than anywhere else.
Japan’s economic recovery from pandemic likely stalled in Q4
TOKYO: Japan’s economic growth likely moderated in October-December after rebounding from its worst post-war recession earlier in 2020, a Reuters poll showed, a sign households and companies have yet to recover from the coronavirus pandemic’s huge hit.
QES confident of double-digit growth
Company plans to increase manufacturing capacity
UK plans to tax firms that profited from pandemic
LONDON: Britain plans to tax retailers and tech companies whose profits have soared during the COVID-19 pandemic, the Sunday Times reported, citing leaked emails.
Bond traders struggle to pick winners in riskiest markets
DISCERNING investors could eke more gains out of developing-nation bonds, but the bulk of the rally in the riskiest corners of the market may have passed.
Insight - Post-Covid India can’t afford a full-on debt binge
INDIA’s economy has suffered more than most from the pandemic and so have its people. The country has lost more than a year’s worth of growth and perhaps a decade’s progress in its efforts to reduce poverty.
Universal basic income ‘impossible’ in South Korea
Chung says the country’s resources are limited
Shell profit slides to US$4.8bil in 2020 as pandemic hits demand
LONDON: Royal Dutch Shell's profit dropped to its lowest in at least two decades last year as the coronavirus pandemic hit energy consumption worldwide though the company said it expected to raise its dividend again in a sign of confidence.
Westports continues to be a ‘buy’ for analysts
PETALING JAYA: Port operator Westports Holdings Bhd’s (pic) business model is sustainable on a long-term basis and coupled with its recurring yet growing income model from its ongoing throughput growth at Port Klang, it remains a “buy”.
