5y

Rubber market to stay volatile next week, says industry expert

Lull in reopening of industries in China and Europe, mainly due to fresh Covid-19 wave

5y

FBM KLCI expected to break 1,700 psychological level next week

Bursa perceived as safe haven amid corrections in US, says Inter-Pacific Asset Management CEO

5y

Stocks, pound stumble after warning on no-deal Brexit

London shares fall by a collective 0.8%, Frankfurt gives up 1.4%, Paris off by 0.8%

5y

Asian Development Bank launches US$9 bil vaccine initiative

Apvax to offer bank’s developing members rapid, equitable support in procurement, delivery of Covid-19 jabs

5y

Cuba to increase minimum wage fivefold

Large-scale reform of salaries, pensions promised for years before President Miguel Diaz-Canel’s announcement this week

5y

Wall Street ends mostly down on stimulus stalemate

Outlook for long-awaited virus relief package, without which analysts fear a fresh economic downturn, remains uncertain

5y

Impiana Hotels to develop resort in Tioman

The resort will have an estimated gross development cost of RM40 million

5y

UK to reduce virus quarantine for travellers

Country to cut self-isolation period to 10 days ‘after reviewing evidence’

5y

Norway threatens to shut out EU, UK fishermen if no Brexit deal

Non-EU member Norway has had a fishing deal with the bloc in place since 1980, but the terms must be renegotiated following Britain’s departure

5y

Ericsson shares tumble on Samsung dispute

Company accuses Samsung of ‘violating contractual commitments to negotiate in good faith 

5y

Sahabat Ar-Rahnu records 21% jump in revenue

Business says better performance due to rising gold price, demand for shariah-compliant pawn services

5y

BoE warns of post-Brexit financial services disruption

Central bank says Britain’s major banks were capable of absorbing £200 bil in credit losses

5y

SoftBank sells controlling stake in Boston Dynamics to Hyundai

Deal is expected to close by June 2021