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PETALING JAYA: Banks in emerging markets (EMs) including Malaysia will face three main risks, encompassing a deterioration in asset quality, no thanks to the Covid-19 pandemic.
As the race between humans and virus gathers pace, the oil markets can only watch this tug-of-war between a rapidly spreading COVID-19 and a patchy vaccine deployment playing out.
The expulsion of diplomats marks the latest diplomatic incident between the two states, already at odds over the murder trial in the Netherlands of three Russians for the downing of Malaysia Airlines flight 17 over eastern Ukraine in 2014.
NEW YORK: Oil prices edged higher on Thursday, boosted by a weak dollar and bullish signals from Chinese import data but pressured by renewed worries about global oil demand due to surging coronavirus cases in Europe and new lockdowns in China.
Hedge fund that hasn’t lost in a decade piles into Russian stocks
WASHINGTON: The US State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project, two sources said yesterday.
SINGAPORE: Chicago soybean edged lower yesterday as investors awaited the US government’s forecast on global grain and oilseed production later in the day, with a focus on South American output.
ABU DHABI: Three of Opec’s biggest oil producers raised monthly pricing for shipments to Asia, their largest regional buyer, after markets tightened on Saudi Arabia’s plan to slash output.