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I FIRST visited China in 1974 during the disruptive cultural revolution. What I saw then, especially in rural China (incidence of rural poverty, I was told, being 99%) really made me appreciate the good life – even as we knew it then – we already had in Malaysia. Not unlike the rest of the world, ending absolute poverty has been a China dream for centuries.
KUALA LUMPUR: Higher demand for financing would continue to buoy Public Bank Bhd’s near-term trajectory following its strong showing in the first quarter.
AMSTERDAM: Dutch bank ABN Amro has reported a net loss of €54mil (US$66mil or RM272mil) over the first three months of 2021, as a hefty fine for money laundering outweighed the positive impact of economic recovery in the Netherlands.
Wall Street's major averages fell on Wednesday after stronger-than-expected inflation data stoked fears of tighter monetary policy to combat a possibly longer period of inflation.
NEW YORK: Amazon.com Inc issued its first sustainability bond on Monday, raising US$1bil (RM4.1bil) to invest in renewable energy, clean transport, greener buildings and affordable housing.
Public Bank Bhd posted a net profit of RM1.53bil in the first quarter ended March 31,2021, which was 15.12% higher than RM1.33bil in the previous corresponding quarter on the back of further expansion of its loans and deposits businesses as well as fee-based revenue growth.
NEW YORK/LONDON: Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing.
SINGAPORE: Home buyers are becoming more worried that they will have to wait longer to get the keys to their build-to-order (BTO) flats, while others said they are resigned to the fact that their housing projects may now be delayed by up to one year or more.
SYDNEY: Australia’s fiscal authorities are taking a leaf out of US Treasury Secretary Janet Yellen’s playbook in deploying spending to push the economy toward maximum employment, a stance that keeps policy aligned with the Reserve Bank.
BINH DUONG (VIETNAM): S P Setia Vietnam will launch more projects in EcoLakes, in Binh Duong province namely phase three of Garden of Splendour 2 consisting of 257 terrace houses and 34 shophouses, as well as phase three of Valley of Dreams villa homes with 259 units this year.