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KUALA LUMPUR: Moody’s Investors Service has changed the outlook for the global life insurance sector to stable from negative for 2021.
INFLATION is coming. Or wait, it’s already here. Bond investors are looking at the 4.2% annual rate that US consumer prices jumped to in April and wondering if it’s all because of depressed levels from last year. Could it be that the Federal Reserve is wrong about higher prices being transitory?
Issuance reinforces country’s lead in Islamic finance
KUALA LUMPUR: The strong demand for Malaysia's sovereign international sustainability sukuk shows investor interest in sustainability finance and a credit positive to the government, said Moody's Investors Service.
SEOUL (Reuters) - Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output.
NEW YORK: Wall Street rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach US$3,000 by 2025.
Given the popular belief that short sellers create unjustified losses in some stocks, why would shareholders want to supply the ammunition for attacks against their investments?