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KUALA LUMPUR: UOB Kay Hian Malaysia Research is upbeat on the numbers forecast operators (NFOs) as they were allowed to start the first draws on Wednesday after a 3.5-month lockdown.
THE Reserve Bank of India (RBI) kept interest rates steady at record lows on Friday and reiterated its commitment to keeping policy accommodative as a second wave of COVID-19 infections threatens to derail the country's economic recovery.
The impact on certain businesses, the self-employed and daily wage earners will be tough
KUALA LUMPUR: Malaysia’s economy is estimated to have contracted by 2.8% in 4Q 2020, amid the restrictions imposed under the conditional movement control order (CMCO), according to RAM Ratings.
KUALA LUMPUR: Bursa Malaysia advanced on a relief rebound on Tuesday following the Health Director General's comment that there probably would not be an further extension of the movement control order past Feb 4.
LONDON: Copper prices reached their highest since February 2013 on Wednesday as Democrats who want increased economic stimulus edged closer to control of the U.S. Senate and a blockade threatened to halt operations at a major mine in Peru
TORONTO: Brookfield Asset Management Inc and a group of investors have offered to acquire the stake in Brookfield Property Partners that they don’t already own, in a US$5.9bil bid to take the real estate company private.
NEW YORK: U.S. stocks closed higher in a choppy session on Monday as hopes for a COVID-19 vaccine lifted economically sensitive sectors such as energy and industrials, but a pullback in megacap shares curbed gains on the S&P 500 and Nasdaq.
JOHOR BARU: Small and medium enterprises (SMEs) have to be agile and act fast following the global Covid-19 pandemic in order to survive in the business world, says Digi SME business division head Steven Soon.
KUALA LUMPUR: Malaysia’s aim to attract medical tourists by focusing on curbing the Covid-19 coronavirus outbreak hit a roadblock as resurgences around the world limited its ability to reopen borders.