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(Bloomberg) -- Emerging markets have just taken a first-quarter battering. The fear on Wall Street is that it may hardly compare with what’s coming.
LONDON/NEW YORK: Physical crude prices slumped worldwide on Monday, falling faster than comparable benchmark futures as merchants offered big discounts on shipments and the market braced for a flood of oil from Saudi Arabia and Russia.
KUALA LUMPUR: Malaysian palm oil futures rose, tracking higher edible oil prices and a weaker ringgit, but demand concerns capped gains as top buyer India has imposed a national lockdown due to the coronavirus pandemic.
NEW YORK: Cracks are appearing across the emerging market landscape like never before.
KUALA LUMPUR: Malaysian palm oil futures rose on Monday, tracking higher edible oil prices and a weaker ringgit, but demand concerns capped gains as top buyer India has imposed a national lockdown due to the coronavirus pandemic.
KUALA LUMPUR: The government’s RM250bil stimulus package has not gone down well with owners of small and large businesses.
All upheavals leave their marks. Some fade away, some linger. Following the Black Death, the plague that’s believed to have killed 60% of Europe’s population in the second half of the 14th century, the realisation that life is short, played a big role in shaping interest rates in late medieval Europe, stretching all the way to the Enlightenment.
We need to stop the blame game but earn, adapt and act fastLeadership in the age of pandemics