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KUALA LUMPUR: The 2021 economic outlook will be published in Bank Negara Malaysia's (BNM) annual Economic & Monetary Review report to be released next month, said governor Datuk Nor Shamsiah Mohd Yunus.
NEW YORK: Twitter Inc reported fourth-quarter revenue that topped analysts’ estimates, capitalising on a robust holiday season for digital advertising, though the social network added fewer new users than projected and warned that audience gains in 2021 will slow compared with last year’s pandemic-fuelled surge.
BANGKOK: The Bank of Thailand (BoT) has listed three concerns for economic recovery now that Thailand and other countries have been hit by a new surge in Covid-19 cases.
There is steady foreign demand for Malaysian bonds
KUALA LUMPUR: Net foreign inflow into the Malaysian bond market rose to RM14.80bil at end-November, which was 25% higher than the previous corresponding period, RAM Ratings said.
PETALING JAYA: The sharp plunge in the FBM KLCI just before the market closed yesterday could be due to investors realigning their portfolio ahead of the upcoming changes to the index’s components and the MSCI Malaysia index, according to fund managers.
New York: Tesla’s market value soared to more than US$500bil Tuesday ahead of its listing on the S&P 500, with its stock finishing up 6.4% or by nearly US$32bil in 24 hours.
KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.
BEIJING: Leaders of the 20 biggest economies have vowed to ensure a fair distribution of Covid-19 vaccines, drugs and tests around the world and do what was needed to support poorer countries struggling to recover from the coronavirus pandemic.