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All regions are suffering contractions
BAYER AG has at last reached a settlement to end most of the current lawsuits alleging its Roundup weedkiller causes cancer. Whether the German life-sciences group has put this saga completely behind it is less clear, but it has achieved what closure it can.
TALK about cutting off the nose to spite the face: For a second time, India wants to ban cryptocurrencies.
LONDON: Andrew Bailey is wagering that the Bank of England (BoE) can eventually achieve a stimulus withdrawal that neither his predecessors nor his counterparts ever really dreamed was possible.
LONDON: Bank of England (BoE) governor Andrew Bailey said the central bank should start to reverse its quantitative easing asset purchases before raising interest rates on a sustained basis, a reversal of long-standing BoE policy.
We need to assess the financial system’s weaknesses
MANY of the world’s leading investors are concerned that the recent gains in the U.S. stock market are overdone, given the uncertain economic outlook and the risks of a second wave of the Covid-19 virus. But American equities are in very good company.
Optimism is plentiful in the various online forums such as Reddit’s r/wallstreetbets where the fast-growing number of small investors discuss stocks
PETALING JAYA: Despite the gradual reopening of the economy, the path ahead for banks remains bumpy at best until next year, with multiple economic headwinds weighing on the sector