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ON June 2,1992, Italy’s then-chief Treasury official, Mario Draghi, stepped aboard Queen Elizabeth II’s yacht, Britannia, docked near Rome, to ask a group of British bankers for help in slimming down the country’s bloated public sector.
NEW YORK: There’s a new champion in the battle for bragging rights atop the US$5.3 trillion exchange-traded fund industry, while a familiar laggard is seeing its slice of the US market shrink toward a record low.
BAGHDAD: Iraq’s currency devaluation will add inflation to the list of hardships facing a population recovering from a devastating war with Islamic State.
KUALA LUMPUR: Research firms have raised their target prices for Poh Huat Resources Holdings Bhd due to robust demand for furniture from the United States and backlog orders for delivery until July next year.
THE arrival of vaccines carries hope that an end to the pandemic may be in sight. But even after the health crisis is brought under control, governments will have to continue dealing with the economic consequences.
PETALING JAYA: V.S. Industry Bhd (VSI) could look forward to robust earnings growth in FY2021 underpinned by higher orders from key customers in its overseas markets.
KUALA LUMPUR: RHB Research has downgraded VS Industry Bhd to "neutral" as it believes the share price rally and current valuation could have priced in most of the positives.RHB downgrades VS Industry to 'neutral'
THIS year must be one of the toughest in living memory. In one year, more than 300,000 people died from coronavirus in the United States, more than the number killed in four years of her involvement in the Second World War.
HONG KONG: Deals to take Hong Kong-listed companies private are set to accelerate next year, having already hit a three-year peak in 2020, as family-owned and other businesses reel from economic downturn amid the Covid-19 pandemic, bankers and investors said.