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Other agencies not expected to follow Fitch’s rerating step
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.
Tesla’s Musk relocates to Texas from California
SAN FRANCISCO: Silicon Valley billionaire Elon Musk has relocated to Texas from California as he wanted to focus more on Tesla Inc’s new electric car plant and his SpaceX venture in the Lone Star state.
Higher Brent crude on recovering fundamentals
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.
Potential impact of Brexit without trade deal
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
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.
Record China-Asean deals ignite optimism
Business deals worth US$40bil struck at China-Asean Expo are uplifting amid Covid-19 pandemic
Xiaomi raises US$4b selling shares, bonds
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.
Insight - Opec+ should look to Asia’s uneven crude oil recovery
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.
Is the commodities rally sustainable?
THE good run on commodity prices is expected to continue into next year, but will it be really sustainable?
