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NEW YORK: A rally in which United States stocks have doubled from post-pandemic lows is about to enter the year’s worst month for equities, as investors focus on a nationwide Covid-19 resurgence and how quickly the Federal Reserve (Fed) plans to pull back on its easy money policies.
Balance sheet repair the priority despite extra income
PETALING JAYA: Plantation company Kuala Lumpur Kepong Bhd (KLK) is expected to launch a takeover bid of IJM Plantations Bhd (IJMP) after the shares of both companies were suspended from trading in the afternoon session of trading yesterday
CHINA has moved to cool its red-hot steel sector by discouraging exports and boosting imports of some feedstock alternatives to buoyant iron ore, steps largely viewed as short-term measures to calm prices.
Asia-Pacific will see more action in the private equity space as economic climate improves
PRIVATE equity firms are paying more for leveraged buyouts to keep pace with soaring valuations of acquisition targets, making some investors leery of whether the industry can keep delivering on promises of lucrative returns.