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Is it time for countries to open their borders?
PETALING JAYA: It is important for some countries to open their borders to support trade and recovery, although the shape and nature of recovery among the individual Asean members remain uncertain and can vary by country, senior fellow at Yusof Ishak Institute (ISEAS) in Singapore Dr Jayant Menon told a webinar.
Assess viability of revenue streams, SMEs advised
PETALING JAYA: Small and medium enterprises (SMEs) need to decide which revenue streams need to be rationalised or maintained amid the current challenging environment.
Petronas Dagangan, Petronas Gas shore up KLCI as banks slip
KUALA LUMPUR: Petronas Dagangan and Petronas Gas helped shore up the FBM KLCI at midday on Monday but banks slipped ahead of the voting on the Budget 2021 at Parliament this Thursday.
Oil advances, but outlook gloomy as coronavirus cases, supply grow
TOKYO: Oil prices rose on Tuesday after recent sharp losses, but market sentiment remains muted as surging COVID-19 cases around the world hurt the outlook for crude demand while supply is rising.
Asian markets look set to continue a downward path on Tuesday
Asian markets look set to continue a downward path on Tuesday after soaring global coronavirus cases and shrinking hopes for a U.S. stimulus deal took a toll on Wall Street and drove up the U.S. dollar.
US stocks advance, benchmark Treasury yields rise
NEW YORK: U.S. stocks gained ground on Thursday after oscillating for much of the session as growing optimism about an imminent U.S. coronavirus relief deal helped offset concern about a global surge in COVID-19 cases.
Oil price higher, boosted by US stimulus hopes
NEW YORK: Oil prices ticked up on Thursday, boosted by the possibility of an economic stimulus package in the United States, but struggled to recover fully from the previous session's losses when higher U.S. gasoline inventories signalled a deteriorating demand outlook as coronavirus cases soar.
Plan to cut tax loophole has real estate funds worried
COPENHAGEN: Real estate investors are trying to figure out how to block a proposal by Denmark to close a legal loophole through which they’ve enjoyed virtually unlimited tax deferrals on value gains.
Asian shares drop as US stimulus talks drag on
SHANGHAI/NEW YORK: Asian shares fell on Thursday and U.S. Treasury yields ticked lower as investors fretted over the slow pace of U.S. stimulus talks and a surge in global cases of Covid-19.
