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PETALING JAYA: Recovery is in motion for manufacturer and distributor of cutting tools HPMT Holdings Bhd after blips in its recent financial performances no thanks to the Covid-19 pandemic.
REYKJAVIK: The Nordic region is losing its edge in green bitcoin mining, just as the industry faces growing scrutiny for its carbon emissions and everyone from Elon Musk to mom-and-pop investors pile in.
MILAN: The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco truck and bus business to China FAW Group Co, a move that was welcomed by the Italian and French governments.
Malaysia, India, Singapore, Thailand among countries on "Monitoring List"
WASHINGTON: Taiwan and Thailand risk joining Vietnam and Switzerland in running afoul of U.S. currency manipulation triggers in Treasury Secretary Janet Yellen's first foreign exchange report, expected this week, but whether she applies that label is unclear.
MILAN: Italy's biggest insurer Generali is in exclusive talks to buy assets in Malaysia belonging to French rival AXA in a deal worth around 300 million euros ($358 million), two sources said on Tuesday.
NEW YORK: The dollar fell slightly on Monday and a gauge of global equity markets slid from record highs last week as investors wait to see whether an expected jump in U.S. earnings will justify stock prices already trading at very high premiums.
YANGON: Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.
FRANKFURT: Two of Europe’s most indebted nations are gearing up to test investor appetite for their bonds as an economic recovery begins to lift yields from historically low levels.
TOKYO: Hedge funds are the most bearish on the yen in more than two years as expectations for the world’s post-pandemic recovery mount.