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KUALA LUMPUR: OCBC Treasury Research estimates Brent crude oil to finish 2020 close to US$50 a barrel following the extended supply cuts by Opec+ by a month to July 2020.
LONDON: The world’s governments and central banks are shifting from rescue to recovery mode as the deepest slump since the Great Depression shows signs of bottoming out
NEW YORK: Investors eyeing a turnaround in the US economy are piling into US bank stocks even as some caution that positive stress test results and an abatement of loan losses will be needed to sustain a rally in the battered sector.
FRANKFURT: European Central Bank policy makers face the peculiar situation this week of being widely expected to announce more monetary stimulus well before they run out of the ammunition still to hand.
Consumption crashes on high prices and slowing growth
KUALA LUMPUR: Tropical rainforests disappeared at a rate of one football pitch every six seconds last year, researchers said on Tuesday, urging countries to include forest protection in post-pandemic plans
KUALA LUMUR: Affin Hwang Capital research has maintained its "underweight" call on the banking sector as it expects a deterioration in earnings moving forward.
PETALING JAYA: Public Bank Bhd’s first quarter results for the 2020 financial year (FY20) of RM1.33bil were largely within analysts estimates although it did show some effects from the Covid-19 pandemic.