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S&P falls for 7th day, suffers biggest weekly plunge in 12 years
New York: The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could push the economy into recession, although stocksregained some ground right at the end of a volatile session.
ESG compliant companies provide superior returns
THERE have been some arguments about the lacklustre performance of Bursa Malaysia’s benchmark KLCI and if we look at the performance of the index over the past five years, it not only has been poor but negative.
Johor exco member leaving it to Sultan's wisdom to make decision amid political uncertainty
PONTIAN: PKR's Johor executive councillor Jimmy Puah Wee Tse is leaving it to Johor Ruler Sultan Ibrahim Ibni Almarhum Sultan Iskandar to make a decision that is best for the state amid the political uncertainty.
California releases autonomous mileage reports car makers love to hate
Alphabet’s Waymo and General Motors-backed Cruise saw their autonomous vehicles require less help from human drivers on California's public roads in 2019.
PetChem expects product prices to stabilise soon
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) expects product prices to stabilise in the coming quarter after a weak October-December period.
Asian shares slide on fears Covid-19 spread may be unstoppable
TOKYO (AP): Asian shares fell Wednesday (Feb 26) on growing fears the spread of Covid-19 may be unstoppable, hurting global growth considerably.
PCG expects chemical prices to stabilise after weak Q4
KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) expects product prices to stabilise in the coming quarter after a weak October-December period.
RAM maintains stable outlook on power sector
KUALA LUMPUR: RAM Rating Services Bhd has maintained its “stable” outlook on the Malaysian power sector amid the impending liberalisation of the industry in Peninsular Malaysia.
Japan eases rules on foreign ownership of shares
TOKYO: Japan will add exemptions to new foreign investment restrictions for companies exposed to sensitive national security issues, government sources said, in a move aimed at keeping overseas capital in the country.
‘Stay vigilant to keep virus at bay’
THE current Covid-19 outbreak requires vigilance from all parties, especially the need to prioritise cleanliness.