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PETALING JAYA: The anticipated recovery in consumer spending in the second half of the year, aided by government policies and spending and a ramp-up in vaccination, will be a positive driver for the economy.
MELBOURNE: Australia’s complaint to the World Trade Organisation (WTO) over China’s anti-dumping duties on wine exports should enable bilateral negotiations, Foreign Minister Marise Payne said.
THE property sector has more room to run as the economy starts to recover in the second half of 2021 with herd immunity to Covid-19 expected by end-2021, according to PublicInvest Research.
BEIJING: China is hoping for the U.S. to remove punitive tariffs on its goods, with a commerce ministry researcher arguing it’s in America’s best interest to do so as worries over inflation mount.
KUALA LUMPUR: Furniture maker Euro Holdings tumbled for the third time this week while the fall in the crude palm oil (CPO) futures dragged plantation stocks into the red in early Friday trade.
WASHINGTON/LONDON Wall Street was broadly under pressure on Thursday and European shares fell for the first time in two weeks on hawkish signals from the U.S. Federal Reserve, even as U.S. technology stocks notched gains.
KUALA LUMPUR: Amid greater calls to address the climate change agenda, more local oil and gas (O&G) companies are taking steps to prepare for a greener future, including through commitments to reduce carbon emission and diversifying their investments into renewable energy (RE) assets.
JUST who or what is holding down US government borrowing rates has become one the big financial questions of the year – at least for those who think the Fed’s ongoing bond-buying programme is not a good enough explanation.