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SINGAPORE: A busy start to the year for Asia’s debt markets reflects global cash pouring into the region and companies in a hurry to lock in funding before a record pile of dues must be repaid.
SAUDI Arabia certainly put the “rollover” in, well, rollover on Tuesday. Having spent most of 2020 playing disciplinarian in the Opec+ group, the oil giant took the hit itself at the end of the latest meeting.
NEW YORK: Oil prices climbed nearly 5% on Tuesday after news that Saudi Arabia will make voluntary cuts to its oil output, while international political tension simmered over Iran's seizure of a South Korean vesse
KUALA LUMPUR: After an eventful 2020 which pushes the global economy towards recession, including Malaysia, the after-effects are expected to be shallow this year as the economy makes a come back.
BEIJING: The American brand of rules-based free market economy suffers another blow as the New York Stock Exchange, demanded by an ill-based executive order of the current US administration issued in November, moved recently to delist three major Chinese telecom operators.
SHANGHAI: China stocks kicked off 2021 on a firm note on Monday, after a survey pointing to a continued recovery in the world's second-largest economy bolstered investor sentiment.
IT was a year full of surprises and of many unprecedented events. Who knew a virus outbreak could shut down global economies, force countries to close their borders and ground airlines?
ON June 2,1992, Italy’s then-chief Treasury official, Mario Draghi, stepped aboard Queen Elizabeth II’s yacht, Britannia, docked near Rome, to ask a group of British bankers for help in slimming down the country’s bloated public sector.
BEIJING: Building more independent and controllable industrial and supply chains will help China better cope with short-term risks amid the Covid-19 pandemic and deeply participate in the reconstruction of global supply chains for long-term benefits, experts and company executives said.
HANOI: Traders in Vietnamese assets aren’t likely to be ruffled by the US Treasury’s move to designate the Asian nation a currency manipulator.