Trucks, excavators to help push China's diesel demand to record

SINGAPORE/BEIJING: China's diesel demand is likely to hit a record this year powered by trucking activity, as Beijing's aggressive stimulus fuels a construction and delivery boom and a speedy recovery in heavy machinery sales, analysts say.

General insurance’s gross premiums in H1 decline

Fall in motor vehicle sales weighs on industry

General insurance's gross premiums in 1H slump to RM8.6b

KUALA LUMPUR: A decline in motor insurance weighed on the general insurance industry in the first half ended June 30 this year, as it registered its steepest half year drop in recent years and with a further decline expected for the full year.

Dollar bump hits Asian currencies, stocks lower

SINGAPORE: Emerging Asian currencies were flat to lower against a resurgent U.S. dollar on Wednesday, while heavy losses for Malaysian glove makers sent its stock market to a more than one-month low.

AmInvest Research keeps buy calls on Dialog, Serba Dinamik

KUALA LUMPUR: AmInvestment Research is maintaining its neutral view of the oil and gas sector due to its mixed number of buy and sell calls.

German investor sentiment improves in August

BERLIN: Investor sentiment in Germany picked up more than expected in August, a ZEW survey showed, reflecting hopes that Europe’s biggest economy is on the road to recovery after the devastation caused by the coronavirus pandemic.

BP’s green energy targets will be tough to meet

LONDON: BP will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators.

Hong Seng to grow lorry operations

IN recent years, the booming e-commerce landscape in Malaysia has led to flourishing demand for logistics services, and the entry of new players offering last-mile delivery.

HSL sees worsening labour shortage in Sarawak construction sector

Insight - Weak US dollar no boon for emerging markets this time

TYPICALLY a boon for emerging markets (EM), this year’s plunge in the US dollar may fail to boost the developing world’s prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking.