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TOKYO: Japan’s effort to nudge its more than 100 struggling regional lenders into the digital age is floundering.
KUALA LUMPUR: Asian markets led by Japan' rebounded on Thursday, with Bursa Malaysia riding on the coattails of improved investor sentiment at midday as fears of escalating Mideast tensions subsided.
Welcome 2020! For me, the past year is best remembered as one of reckoning for central banks – the relentless wave of cheap money provided set the bond markets racing higher, spreading negative yields in Europe and Japan, and prompting rate-setters, financiers and investors to pause (and even hesitate) on what to do next.
THIS a follow-up on my previous column on Nov 30 reviewing the world in 2019 and assessing its outlook for 2020.
TOKYO: Japanese big manufacturers' business mood was at its bleakest in nearly seven years in the fourth quarter, a closely watched central bank survey showed, as the U.S.-China trade war and soft global demand weighed on the export-reliant economy.
KUALA LUMPUR: Following a period of downgrades, the coming three to six-month outlook for global equities, credit and other income-generating assets looks favourable, based on stabilising global growth and significant US-dollar liquidity injections by the US Federal Reserve (Fed) into the global financial system, says Standard Chartered Private Bank chief investment strategist Steve Brice.
BEIJING: China’s consumer inflation accelerated to a seven-year high in November while producer prices extended their run of declines, complicating the central bank’s efforts to support the economy.
BEIJING: China’s central bank governor sounded a cautious tone on the health of the global economy, while signaling that the nation’s monetary policy makers will continue to refrain from large-scale easing steps.
LONDON (Reuters) - Liverpool opened up an 11-point gap at the top of the Premier League on Saturday when the old adage that title winners churn out victories even when not at their best had a special ring.
(Reuters) - Manchester City's hopes of claiming a hat-trick of Premier League titles are receding fast as the clinical efficiency that was the trademark of the last two seasons continues to desert them.