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Insight - Will Biden have a ‘strong dollar’ mantra?
LONDON: US President-elect Joe Biden has been warned not to tinker with the dollar’s standing in world markets given the parlous state of the country’s finances - but his new Treasury chief may be equally advised against talking up the currency too much.
China commercial lenders told to safeguard asset quality
BEIJING: Commercial lenders must increase their loan loss provisions in advance and dispose of more non-performing loans to prevent further asset quality erosion due to the lingering effects of the Covid-19 epidemic, according to a senior central bank official.
China’s strengthening recovery cements status as global outlier
CHINA's economic rebound gathered pace in October, cementing the nation’s status as the only major economy tipped to grow this year and as a pillar of support for a faltering global recovery.
S&P Ratings sees four key risks for global banks in 2021
KUALA LUMPUR: As the heavy toll from the Covid-19 pandemic continues, S&P Global Ratings expects 2021 to be even tougher for global banks as the recovery could be slow, uncertain and vary globally.
S&P Ratings sees challenges for global banks
However, they are in a better shape to withstand stress compared with 2009
World’s biggest oil firm Saudi Aramco raises US$8bil bond
DUBAI: Saudi Aramco returned to the debt markets for the first time since April of last year, selling US$8bil of bonds to help fund the world’s biggest dividend
Insight - The post-generational workforce
Organisations have traditionally leaned heavily on workers’ age and generation to differentiate talent strategies.
Public Bank, HL Bank top scorers against credit risks
KUALA LUMPUR: Public Bank and Hong Leong Bank are top scorers for banks' defensiveness against credit risks under CGS-CIMB Equities Research's new scoring methodology.