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South Korea ambassador shares his ‘to do list’
IT has been just over a year since Lee Chi-beom took up his posting as South Korea’s Ambassador to Malaysia.
In dire need of quality FDIs
PETALING JAYA: At a time when there is an increased attention on whether foreign investors are ditching Malaysia for other Asean countries, the Statistics Department reveals that the rate of return on foreign direct investments (FDI) in the country has dropped sharply in the past decade.
Thai central bank holding key rate at record low 0.50%
BANGKOK: Thailand’s central bank is widely expected to leave its key interest rate at a record low to preserve its policy options as the tourism-reliant economy deals with a fresh wave of coronavirus infections, a Reuters poll showed.
China releases rules on foreign investment security review
BEIJING: Chinese authorities have released rules on foreign investment security review to safeguard national security while spurring foreign investment.
Interest back in banking stocks
PETALING JAYA: The reopening of the domestic economy and the potential mass vaccine rollout by various countries have seen investors shifting to more cyclical sectors like banks – the proxy to economic growth.
A currency manipulator tag for SNB may not deter FX approach
LONDON: The threat of being named a currency manipulator by the US Treasury may be an embarrassment for Switzerland, but even if the country does get the tag, it likely will have little effect on the Swiss National Bank’s (SNB) monetary policy.
Asian countries, Switzerland at risk in US Treasury's currency report
WASHINGTON: The U.S. Treasury could label several countries currency manipulators before President Donald Trump leaves office, analysts say, as the coronavirus pandemic skews trade flows and widens U.S. deficits with trading partners.
JP Morgan’s view on glove makers conservative
PETALING JAYA: JP Morgan is likely the first research house to issue “underweight” calls on three local glove players who have experienced a run up in share prices since May this year.