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World 09 Oct 2020 | 12:50 AM

World Bank forecasts sub-Saharan Africa's GDP to contract 3.3 pct in 2020

NAIROBI, Oct. 8 (Xinhua) -- Economic growth in Sub-Saharan Africa is forecast to be negative at -3.3 percent for 2020 compared to the 2.4 percent of 2019 due to COVID-19 disruptions, according to analysis released on Thursday by the World Bank.

Plantations 07 Aug 2018 | 12:00 AM

Maybank IB sees lower earnings for plantation sector

PETALING JAYA: Lower earnings are expected for the plantation sector in the upcoming second quarter (Q2’18) results season, says Maybank Investment Bank (IB) Research.

Corporate News 13 Jun 2018 | 12:00 AM

Yen credit more feasible than US$ to settle 1MDB debts

PETALING JAYA: Malaysia’s request for yen-denominated loans from Japan to help resolve its debt problems was a more feasible and attractive proposition given that the cost was likely to be lower and the tenure longer, say economists.

Business 14 Aug 2017 | 12:00 AM

Shale output to keep rising

HOUSTON: Shale production in the largest US oilfield should rise by as much as 300,000 barrels per day by December, according to updated forecasts following the industry’s latest quarterly results.

Business 14 Jun 2017 | 12:00 AM

It’s a buyer’s market for crude

LONDON: If a single ship can capture the current state of the global oil, it’s the supertanker Saiq, floating idly about 850km south of the Canary Islands.