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REVIEW: “Relief measures” to protect the economy from the damage of Covid-19 led to the unveiling of Malaysia’s second stimulus package, and on the global stage, the passing of a mammoth US$2 trillion package by the US Congress.
REVIEW: The week started with the Federal Reserve pulling out all the stops, moving to buffer the impact of Covid-19 on the global economy by slashing interest rates by 100 basis points to zero while starting a short-term corporate debt purchase programme.
REVIEW: The headwinds that have been building over recent weeks have turned into a gale that’s hammering global financial markets and triggered recession fears.
BILLIONAIRE Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.”
REVIEW: The political turmoil on the domestic scene exacerbated the bearish mood on Bursa Malaysia even as the Covid-19 health crisis crept its way across the globe.
REVIEW: Bursa Malaysia endured a losing streak amid downgrades on economic growth in the region as analysts and central banks weighed the impact of the Covid-19 outbreak over the coming quarters.
REVIEW: Volatility continued in markets as the Covid-19 coronavirus pandemic continued to spread, despite stimulus measures by Beijing to mitigate the negative impact on its economy.
REVIEW: Even as Iran-US tensions subsided following the military action between the two nations earlier this month, fears over a possible outbreak of a potentially deadly virus could derail investment sentiment.
SINGAPORE: A strange thing happens in Singapore after the government announces it’s selling highly-coveted land. Executives from developers bidding for the sites hit the golf course together.