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PETALING JAYA: The move by Fitch Ratings to downgrade Malaysia’s sovereign rating will not be followed by other global rating agencies and this will not derail the country as a safe haven for the capital market.
PETALING JAYA: Brent crude, the global oil benchmark, is expected to hover around US$45 per barrel by year-end and at a higher price of US$50 next year amid weak but recovering fundamentals.
LONDON/BRUSSELS: Britain and the European Union sought on Sunday to strike an elusive trade deal, with failure likely to end with trade in chaos, markets tumbling and a huge economic price to pay.
DO more, talk less is the advice given by Kevin Rudd, former Australian prime minister, to current Australian Prime Minister Scott Morrison, on his war of words with China.
Business deals worth US$40bil struck at China-Asean Expo are uplifting amid Covid-19 pandemic
CHINA'S No. 2 smartphone maker Xiaomi Corp. has raised $4 billion from a combined share placement and sale of convertible bonds, adding to a war chest aimed at expanding its market share from competitor Huawei Technologies Co.
AS members of the Opec+ group struggle to come up with a united view on whether to boost crude oil output or extend production cuts, they should perhaps turn their eyes to Asia, the major consuming and fastest-growing region.