ECB confronts shifting markets as economy stalls

LONDON: European Central Bank (ECB) officials will set policy this week against a backdrop of investors betting on a global upturn even as the eurozone remains mired in pandemic lockdowns and painfully slow vaccinations.

Balancing lives and livelihood

AFTER a tumultuous 2020 where the Covid-19 pandemic caused a major economic distress in Malaysia, the government is now shifting its focus towards an economic revival.

Clean energy edging out coal on sustainability

SHANGHAI: The increasing output and expanding use of clean energy in China have continuously reduced the share of coal consumption in overall energy consumption, the National Bureau of Statistics (NBS) said in its annual communique released recently

Khazanah MD: Valid for govt to seek higher dividends during trying times

KUALA LUMPUR: It is a valid request for the government to ask for a higher dividend for 2020 due to the extraordinary financial pressure faced last year, said Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan.

ANALYSIS-Global bond rout puts BOJ's yield curve control in spotlight

Japanese steel giant shifts to recycled metal in green race

TOKYO: Nippon Steel Corp, Japan’s top producer, is shifting its focus to recycling the metal as ambitious net-zero emission targets intensify a race to develop cleaner steel.

Rakuten Trade partners Boost

PETALING JAYA: Rakuten Trade Sdn Bhd has entered into a partnership with e-wallet provider, Boost, to amp up its rewards ecosystem focusing more on cashless transactions.

Tax incentives in Malaysia

MALAYSIA has a wide variety of incentives which include incentives granted through income exemption or by way of allowances.

Powell is patient but markets aren’t, challenging new Fed policy

AFTER Federal Reserve chair Jerome Powell (pic) spent two days telling US lawmakers the economy is in no state to be thinking about monetary tightening, financial markets on Thursday suddenly started pricing in a rapid – and perhaps too-hot – recovery.

GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride

NEW YORK: GameStop Corp shares rallied on Thursday, finishing with double-digit gains despite a sharp retreat from session highs and leading a surprise resurgence of so-called "stonks" championed online by passionate retail investors