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GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains

GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains

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As the dollar pared gains on Wednesday, Wall street sank and European stocks suffered their worst one-day rout in three weeks over the pace...

Global Sukuk issuance to stop growing for the first time in five years –...

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Moody’s said on Tuesday that higher crude prices have reduced the financing needs of oil-rich Gulf governments. Due to this, Global Sukuk issuance will...
Economic reform needs unorthodox ideas

Economic reform needs unorthodox ideas

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Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Azizi said that the economic reform agenda has to look different and should consider the unorthodox...
Malaysia to increase efforts to address semiconductor backlog orders

Malaysia to increase efforts to address semiconductor backlog orders.

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KUALA LUMPUR: Malaysia is trying its best to reduce the backlog of orders in the semiconductor industry over the past 12 months following the...
China offers 31 million in aid to the Afghanistan government.

China offers 31 million in aid to the Afghanistan government.

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BEIJING: China has offered a 31 million aid package to the Taliban government in Afghanistan. According to the News Agency, China has offered a humanitarian...
INVESTOR CONFIDENCE RETURNS TO BURSA

INVESTOR CONFIDENCE RETURNS TO BURSA

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The start of the year 2021 proved to be significantly good for the stock market as investors were confident of a global economic recovery....
PROPOSAL TO INCREASE STATUTORY DEBT LIMIT TO 65%

PROPOSAL TO INCREASE STATUTORY DEBT LIMIT TO 65%

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PETALING JAYA: Tengku Datuk Seri Zafrul Abdul Aziz, the finance minister of Malaysia, is all set to propose a new limit to increase the...
The automotive sector in for sustainable recovery

The automotive sector in for sustainable recovery

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PETALING JAYA: According to MIDF research, the government's economic relaxation measures includes the re-opening of plants and the operations. For distribution and retailing are...
U.S. OPENS PROBE INTO TESLA'S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES

U.S. OPENS PROBE INTO TESLA’S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES

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On Monday, a formal safety probe has been opened against Tesla's auto driver system by the U.S. auto safety regulators. A number of crashes...
Indonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery

Indonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery

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JAKARTA: Indonesia showed great signs of improvement as it effectively pulled out of recession in the second quarter of the year. The country reported...
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