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China says has given US$2.1b of debt relief to poor countries
BEIJING: China has extended debt relief to developing countries worth a combined $2.1 billion under the G20 framework, the highest among the group's members in terms of the amount deferred, the country's Finance Minister Liu Kun said on Friday.
Concerns over impact on local equities and bond markets
AS more withdrawals are made from the Employees Provident Fund (EPF), there are concerns that this will affect the local equities and bond markets.
PNB demonstrates resilience amid pandemic
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).
Hard predicting in the age of polarisation
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.
Asian shares rise as vaccine hopes inject relief
SHANGHAI: Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus.
Sunak sets public services at heart of UK revival
Chancellor of the Exchequer will also spend on infrastructure
Australia’s financial firms want to turn capital markets green
LONDON: Australia’s largest financial companies are targeting net-zero emissions over the next 30 years as the global shift to a low-carbon economy gathers pace.
NPLs in Indian banking sector to rise
NEW DELHI: Non-performing loans (NPLs) in the Indian banking sector is likely to witness an uptick and may shoot up to 11% of gross loans in the next 12-18 months, S&P Global Ratings said on Tuesday.
Insight - BoJ makes stealthy retreat from negative rates
Japan sails into uncharted territory by subsidising regional banks
