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Powell is patient but markets aren’t, challenging new Fed policy
AFTER Federal Reserve chair Jerome Powell (pic) spent two days telling US lawmakers the economy is in no state to be thinking about monetary tightening, financial markets on Thursday suddenly started pricing in a rapid – and perhaps too-hot – recovery.
Businesses urged to stay the course
PETALING JAYA: While the National Covid-19 Immunisation Programme will see the steady eaÂÂsing up of movement restrictions, businesses have been urged to transform to remain sustainable for the future.
Better outlook for banking sector
Industry set to bounce back as country’s economy recovers
MCO 2.0 has less severe impact on Q1 earnings
PETALING JAYA: The corporate earnings results in the first quarter of this financial year (Q1FY21) may witness less severe impact amid the current movement control order (MCO 2.0) period with a likely single-digit contraction, say analysts.
Working from home trend spurs demand for bigger houses
THE Malaysian property market, despite still navigating the shocks of the Covid-19 pandemic from last year, is expected to perform better in 2021.
Insight - Asian companies hope for better prospects
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
World Bank sees strong Philippine economic rebound
MANILA: The World Bank expects Philippine economic growth to bounce back in the next two years after a worse-than-projected decline in output in 2020, as the country gradually eases coronavirus curbs to allow for more business activity.
Bank Negara sees CMCO impact less severe than previously
KUALA LUMPUR: Bank Negara Malaysia expects the impact from the current conditional movement control order (CMCO) to be less severe compared to the containment measures imposed during previous periods and the country to stage a rebound next year.
Better outlook for malls as footfalls return to normal
KUALA LUMPUR: The outlook for shopping malls has improved and footfalls are returning to normal, said RHB Asset Management Malaysia head of equity research Petrina Chong
Day says disciplined routine has helped him keep back issues at bay
(Reuters) - Former world number one Jason Day said his chronic back problems left him struggling to walk around a golf course when the sport returned in mid-June after the COVID-19 break, but he is now in a better place physically.