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Tim Cook’s letter is latest sign to skittish investors that ‘the slowdown is here and happening’
RAXRUHA, Guatemala: In the poor, hot region of Guatemala that was home to a seven-year-old migrant girl before she died in U.S. border custody last month, palm oil cultivation is taking over from subsistence farming, adding to pressure on people to leave.
PETALING JAYA: With 2018 set to be the year with the largest foreign outflows from the Malaysian bond market since 2008, bond analysts are adopting a cautious stance. Many are closely monitoring the move by central banks worldwide in terms of liquidity tightening and trade protectionism in the likes of the US-China trade spat amid geopolitical factors.
GLOBAL growth is expected to moderate in 2019 with risks skewed to the downside as investors attuned to the US-China trade war, uncertainty on China’s growth, the US Fed rate hike aggressiveness, global monetary policy tightening with central banks taking a step back from their long-standing market support from the very low interest rates for nearly a decade and emerging market debt noises.
NEW DELHI: India’s central bank, having changed management last month following a clash with the government, is likely to transfer an interim dividend of 300-400 billion rupees (US$4.32bil-US$5.8bil) to the government by March, according to three sources with direct knowledge of the matter.
PETALING JAYA: After a weak purchasing managers’ index (PMI) cast a pall over the economy, business confidence expectations for the first half of the year has weakened among corporates and small and medium enterprises (SMEs), according to the RAM Business Confidence Index (RAM BCI).
Software giant, at US$797bil, surpasses Microsoft with $784 billion in value
KUALA LUMPUR: Moody's Investors Service says that the Government of Malaysia's (A3 stable) credit profile reflects the country's large and diversified economy with healthy medium-term growth prospects.