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Strong palm oil output recovery seen in second half
KUALA LUMPUR: A strong palm oil output recovery is expected in the second half of this year (H2) from good rainfall, the normalisation of fertiliser application and support from better prices.
RBI says bad debt surge threatens India’s financial stability
NEW DELHI: India’s central bank expects banks’ bad-loan ratios to almost double this year and warned that soaring markets and a weakened economy threaten financial stability.
Top maker of mini motors bets it can win over Tesla
Nidec says it can make key component for EVs cheaper
Asia credit roars into new year on looming debt
SINGAPORE: A busy start to the year for Asia’s debt markets reflects global cash pouring into the region and companies in a hurry to lock in funding before a record pile of dues must be repaid.
HLB offers loan moratorium, financing to flood victims
PETALING JAYA: Hong Leong Bank (HLB) and Hong Leong Islamic Bank have initiated a “Flood Relief Assistance” programme offering up to a six-month payment deferment for all loan and financing facilities, including credit card, to help customers that are affected by the recent floods in several states.
Moody's Asian liquidity stress indicator improved in December
KUALA LUMPUR: The Asian Liquidity Stress Indicator (ALSI) decreased slightly to 32.6 per cent in December from 33.6 per cent in November, but remains well above the long-term average, Moody’s Investors Service said.
Rising rates see traders mull trigger point for stock upset
NEW YORK: As benchmark Treasury yields rise amid expectations for stronger growth, the key question on investor minds is how high can they climb before spoiling the global risk-asset rally.
India’s two richest men caught in crossfire over farming
MUMBAI: Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
