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NEW DELHI: Even as India is attracting all the global attention for the worst virus outbreak, the pandemic has done little to dent the confidence of overseas investors who are betting on a strong rebound.
IT’S the latest sign of leveraged mania hitting bondholders: Companies across Europe are piling on debt at the fastest pace in years to enrich their private-equity owners
BITCOIN and other major cryptocurrencies slumped after the People’s Bank of China reiterated that digital tokens can’t be used as a form of payment.
iFast Corp., an online brokerage that’s been Singapore’s best-performing stock over the past year, is betting on China and a retail-trading frenzy to help it grow assets by more than fivefold by 2028.
BILLIONAIRE George Soros’s investment firm snapped up shares of ViacomCBS, Discovery and Baidu as they were being sold off in massive blocks during the collapse of Bill Hwang’s Archegos Capital Management.
MUMBAI: Investors in India’s US$2.8 trillion (RM11.53 trillion) equity market are underestimating the economic impact from the world’s worst coronavirus outbreak, which will delay any recovery and could trigger a “correction” in stocks, according to the country’s top-performing fund manager.
LONDON: When much of the global economy locked down last year, insurers, facing estimated losses of more than US$100bil (RM410bil) globally, reached straight for their red pens to strike pandemic cover from all new business policies.
Rizal Rickman Ramli has been appointed as chairman of Sime Darby Property Bhd with effect from Friday, succeeding Tan Sri Dr Zeti Akhtar Aziz who has retired after assuming the position in July 2018.