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WASHINGTON: One U.S. Federal Reserve official says there is now a "clearer focus" about the economy's path forward and a horizon for a fuller recovery. Another says the pandemic's "endgame" is here. A third predicts 2021 will prove "impressive."
SAUDI Arabia’s decision last week to deliver a surprise cut of one million barrels a day in its crude production shocked the oil market.In abandoning a policy of collective responsibility and letting other members of the Opec+ grouping increase output while reducing its own, the kingdom took the entire burden of balancing supply and demand on its shoulders.
LONDON: In the final week of 2020, the United States imported no crude from Saudi Arabia for the first time in 35 years. But it’s not quite the historic moment it might seem at first sight.
THE emerging-market equity benchmark rose to a record, topping its previous high reached before the 2008 financial crisis, as a flood of liquidity and optimism over a global economic rebound fuel risk appetite.
WASHINGTON: The final employment scorecard delivered during President Donald Trump's administration on Friday handed the Republican a mantle no politician would envy: He will be the only modern president to leave office with fewer U.S. jobs than when his term began.
While a gradual recovery is seen, oversupply concerns still linger
The region offers huge opportunities for returns
KUALA LUMPUR: CGS-CIMB Equities Research sees strong earnings growth for Dialog Group with core net profit growth of 34.2% in the financial year ending June 2022 on positive catalysts.