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BANGALURU (Reuters) - Global sales and profit for McDonald's Corp surged past Wall Street targets on Wednesday as restaurants reopened and consumers lapped up its new crispy chicken sandwich and a wildly popular celebrity meal inspired by South Korean pop band BTS.
SINGAPORE: The Singapore dollar is poised to outperform its South-East Asian peers as a higher vaccination rate and rising core inflation may spur its central bank to start tightening policy sooner than its regional counterparts.
The consolidation channel took form over the course of the past week as the FBM KLCI was seen moving in a tight sideways pattern.
KUALA LUMPUR: Celcom Axiata Berhad (Celcom) and Huawei Technologies Malaysia Sdn Bhd (Huawei) have deployed the world’s first large-scale commercial Frequency Division Duplex (FDD) Smart 8T8R network.
JPMORGAN Chase & Co and Goldman Sachs Group Inc are taking on a consumer finance market many outsiders have tried and failed to crack: Britain
TOKYO: Asia’s once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to some developed markets, heightening the chance many central banks will forgo interest rate hikes this year.
TOKYO/SINGAPORE: Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to some developed markets, heightening the chance many central banks will forgo interest rate hikes this year.
KUALA LUMPUR: Malaysian Government Securities’ (MGS) yield curve for the 4y30y curve surged between 1bp to 15bps month-on-month (m-o-m) by end May due to a full nationwide lockdown which was announced on May 28.
NEW DELHI: Indian monetary policy makers’ intolerance for an inflation rate higher than their 4% medium-term target will probably only stay on paper.