Madani framework catalyst in Bursa rally
The rally in the local equity market has been underpinned by the policy measures introduced by Putrajaya under the Madani…
High capacity signals economic recovery
The manufacturing industry operating at 80.8% for the first quarter of 2024 (1Q24) is a good signal that the economy…
UK central bank warns markets of change
Bank of England (BoE) governor Andrew Bailey says markets should prepare for a big increase in securities repurchase operations as…
Yield at 11-year high amid bets for further tightening
Japan’s 10-year government bond yield rose to an 11-year high of 1% amid mounting bets for further Bank of Japan…
Mega First sees better earnings for core ops
Mega First Corp Bhd posted a RM95.5mil net profit for its first quarter ended March 31 (1Q24), representing a 35.5%…
Blistering solar growth runs into grid blocks
China’s breakneck build-out of solar power, fuelled by rock-bottom equipment prices and policy support, is slowing as grid bottlenecks pile…
India’s mid-tier firms gain share
Mid-tier firms in India’s US$254bil information technology sector took market share from industry goliaths in recent quarters as clients curtailed…
Paytm signals job cuts, asset sales after regulatory probe
Paytm has warned of job cuts and says it will trim non-core assets after reporting its first sales decline on…
Clock runs down on BHP’s US$43bil bid for Anglo American
BHP Group Ltd has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American Plc, or…