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IMAGINE a beautiful beach where families are gathered on a clear day with blue skies. Different families are building sandcastles, whilst some are playing on the beach. No one is watching that a tsunami of different waves is approaching the shore.
PETALING JAYA: Yinson Holdings Bhd will continue to participate in the bidding of the Parque das Baleias floating production storage and offloading (FPSO) as it is confident it can secure the tender.
DUBAI: More than a decade ago, Gulf Arab nations struggled to preserve their currency pegs as the US dollar went into retreat. This time, the link to a sliding greenback may give reassurance.
THE global economic ascent has begun. From encouraging data in Singapore to less-dire global forecasts and earnings from banking behemoths, the corner appears to have been turned on a disastrous period of economic history. But the skid marks won’t easily be scrubbed away.
BEIJING: Chinese domestic equities are worth more than US$10 trillion for the first time since 2015, when a record crash erased half the market’s value in months and saddled millions of investors with losses.
A rare regime-change in economic policy is under way that’s edging central bankers out of the pivotal role they have played for decades.
PETALING JAYA: If there is any nugget in today’s prolonged property slump, it is that the residential market has a V-shaped recovery after the March-April 2020 movement control order, says the Malaysian Institute of Estate Agents.
Vitol launches new business – Vava Cars
NEW YORK: U.S. stocks rose sharply on Monday, recovering from declines in the previous session, as investors viewed more fiscal stimulus as likely and after news President Donald Trump will leave the hospital where he is being treated for COVID-19.
ALBERTA: Canadian oil and gas stocks never really recovered from the global financial crisis. They had a bounce in 2009 as the economy improved, but a surge in US shale production sparked another crash in 2014.