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KUALA LUMPUR: Malaysian budget airline AirAsia Group Bhd expects clarity on its fundraising efforts in the next two to three months, as the company continues talks with prospective funders, its chief executive said on Friday.
NEW YORK: The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.
SYDNEY: The Australian and New Zealand dollars extended their rapid rally on Wednesday as relatively high local yields drew buyers, and New Zealand's central bank sounded upbeat on the local economy even as it signalled rates would stay low.
NEW YORK: New York City’s beleaguered restaurant industry finally has something to cheer about after its first weekend of indoor dining this year.
TOKYO: Sentiment among Japanese manufacturers and service-sector firms in December improved to its least pessimistic since February, as businesses eyed a slow and bumpy recovery from COVID-19 disruptions, a Reuters poll showed on Tuesday.
IN many companies, there’s a conflict between operating management and the various corporate assurance functions.
November political events weigh heavy on stock market exuberance
Collapses and scandals result in billions of dollars in losses
JUDGING by the performance of emerging markets (EMs), you’d hardly know the world was suffering from a deadly pandemic.