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KAJANG: The country's real estate sector recorded 295,968 transactions worth RM119.08 billion in 2020, a contraction of 9.9 per cent in number and 15.8 per cent in value compared to 2019.
Emerging Markets: Indonesian 10-year bond yields at 4-week low; Indian shares slump on record Covid-19 spike
Indian shares dived more than 2% on Monday after the country imposed fresh restrictions as coronavirus cases touched a record high, while a firmer dollar dragged down Asia's emerging currencies lower in holiday-thinned trade.
THIS week will see the release of industrial production index (IPI) figures for February and the manufacturing sales value. Unemployment rate data is also due on Thursday.
WHILE looking forward to a better operating environment, banks are prepared for the pace of recovery to be uncertain and uneven.
THE worst is likely behind us, thanks to the expected global recovery and vaccine rollout in major advanced economies. Revived exports and private sector’s domestic demand set to turn around the Malaysian economy in 2021.
LONDON: The UK’s efforts to disentangle itself from sterling Libor by year-end just went up a gear.
SINGAPORE: As Brazil, Russia and Turkey lift interest rates to ward off inflation and currency pressures, investors are beginning to prod Asia's central banks to follow suit, setting up a potential showdown with countries keeping rates at record lows.