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NEW YORK: Investors are taking a closer look at the market’s consumer discretionary companies as a reopening US economy fuels hopes of a turnaround for some of the sector’s hardest-hit names.
PETALING JAYA: More overnight policy rate (OPR) cuts on the horizon and the move to allow banks to use Malaysian government securities (MGS) and government investment issues (GII) to meet the statutory reserve requirement (SRR) ratio will help spur bond demand this year.
THE surge in deliveries via its digital platform has helped GD Express (GDex) regain some business that was lost from its biggest contributor, which are the hotel, leisure and retail sectors
I TAKE off from when I last discussed negative interest rates (NIRs) in my Sept 28,2019 column: “Getting to Grips with the World of Negative Rates.”
It was a momentous week for social media. After years of trying to have it both ways, Twitter – one of the industry’s major platforms – moved to hold US President Donald Trump accountable for the content in his posts under the same rules it applies to the general public.
GEORGE TOWN: The Hong Kong national security law can help maintain the country’s political and economic stability in the long run despite creating short-term tension and uncertainty, says Datuk Seri Cheah Cheng Hye (pic).
KUALA LUMPUR: Bursa Malaysia is expected to continue trading in a cautious mode next week as market sentiment will be largely influenced by external factors, especially the ongoing United States-China tensions. The ongoing trade war would be the major catalysts for global equity markets next week.
GEORGE TOWN: The national security law for Hong Kong can help to maintain the country’s political and economic stability in the long run despite creating some short-term tension and uncertainty, says Datuk Seri Cheah Cheng Hye.
BANGKOK: Thai AirAsia Co Ltd (TAA) is considering to merge with another low-cost carrier to clamp down on pricing wars as the Covid-19 (coronavirus) pandemic has severely impacted the aviation sector.
BUMI Armada Bhd, the service provider to oil and gas companies, has provided for no less than RM5.8bil as impairments for its assets since the financial year 2016. The bulk of the provisioning was taken up at the group level.