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Bond market is jettisoning UK negative-rate bets
LONDON: Traders are scrapping bets that the United Kingdom will implement negative rates this year, calling time on one of the most popular wagers of 2020 ahead of a Bank of England (BoE) meeting that’s expected to address the debate.
Trading ideas: Hong Seng, Chin Hin, LPI, Icon, Widad, Asdion
KUALA LUMPUR: JF Apex Research expects Hong Seng Consolidated Bhd, Chin Hin Group Property Bhd, LPI Capital Bhd, Icon Offshore Bhd, Widad Group Bhd and Asdion Bhd to be among the stocks to watch on Thursday.
Meet the central banker who might never raise rates
PHILIP Lowe could become Australia’s first central bank governor in the modern era to never raise rates. That’s more than a tidbit to tuck away for trivia night: We’re looking at a new template for monetary policymakers worldwide in the aftermath of Covid-19.
Solution Group going regional
Company in discussion to distribute Covid-19 vaccines to South-East Asian countries
Stellantis among first wave of automakers betting on flying cars
ROME: Just weeks after it was formally created by the merger between Italian-American carmaker Fiat-Chrysler and French rival Peugeot, Stellantis’ interest in the nascent flying car sector is already starting to take off.
UK economy slumps by record 10% in 2020 after Covid hit
LONDON: Britain's coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020 when it slumped by 9.9%, but it avoided heading back towards recession at the end of the year and looks on course for a recovery in 2021.
US tells G7 that it is back at the table to help with global recovery
WASHINGTON/LONDON: U.S. President Joe Biden's administration told allies on Friday it was re-engaging with them to help steer the global economy out of its worst slump since the Great Depression, a contrast with the go-it-alone approach of Donald Trump.
Europe auto sales decline
MUNICH: Passenger-car sales in Europe’s five biggest markets tumbled by more than a quarter last month after lockdowns to combat the pandemic shuttered dealerships and consumers shied away from large purchases.
Insight - Short sellers, SPACs and the future of flying cars
WHEN EHang Holdings Ltd first sold shares to the US public in December 2019, investors weren’t exactly sold on the rare chance to bet on the future of flying cars.
HPMT Holdings says worst is over
PETALING JAYA: HPMT Holdings Bhd believes that the worst is over for the manufacturer and distributor of cutting tools, and this year will be a year of recovery.
