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PRODUCTION bottlenecks as in shortage of containers and labour as well as restriction of movement in the current fight against Covid-19, can affect economic recovery.
PETALING JAYA: The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara would maintain the overnight policy rate at 1.75% at its meeting on Wednesday.
PETALING JAYA: Trading on Bursa Malaysia is expected to be cautious ahead of Bank Negara’s overnight policy rate (OPR) announcement on Wednesday.
PHARMACEUTICAL companies continue to enjoy investor attention on increasing Covid-19 vaccine hopes and the positive newsbytes have turbo-charged the industry.
ON new years’ eve last year, Malaysia finally allowed the KL-Singapore High Speed Rail (HSR) project to be automatically terminated as both sides could not come to an agreement on certain changes that were requested by Malaysia.
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.
HONG KONG: China plans to approve its first real estate investment trusts to help local governments finance infrastructure projects while allowing retail investors to tap into what may become a US$3 trillion market.
SPRITZER Bhd (code: 7103) gapped up at Friday’s opening to challenge the 200-day simple moving average (SMA) but erased all its gains to close unchanged at day’s end.
BENGALURU: South Korea and Thailand led Asia's emerging stock markets lower on Friday, as investors looked to the implementation of the $1.9 trillion of U.S. fiscal stimulus, while Taiwan's dollar advanced even as the central bank tried to rein it in.