Foreigners sold $4bn of stocks as concerns about the Omicron virus variant roil global markets. The…
Author: Editorial
MYR OPENS LOWER AS USD CLIMBS
The ringgit opened weaker against the US dollar as the latter continued to gain traction on…
OIL REBOUNDS ON SPECULATION OMICRON FEARS OVERDONE
Oil rebounded by more than 5% on Monday to above $76 a barrel as some investors…
GRAB ACQUIRING GROCER IN MALAYSIA
Grab is reportedly buying Malaysian premium grocery store chain, Jaya Grocer. According to sources, it is…
INVESTORS SHOULD BRACE FOR WILD FX RIDE IN 2022
The global capital, digital asset and gold markets are likely to face intense volatility in the…
OIL FALLS ON OVERSUPPLY CONCERNS & STRONG USD
Oil futures prices dropped toward $73 a barrel on Tuesday after the International Energy Agency (IEA)…
MOHAMED EL-ERIAN CALLS OUT FED’S “TRANSITORY INFLATION”
Calling inflation “transitory” was a historically bad move for the Federal Reserve, according to Allianz Chief…
BANK OF THAILAND’S WEIGHING GROWTH VS RISE IN RATES
The Bank of Thailand is focused on aiding economic growth amid subdued inflation and is less…
MASAN EYES IPO FOR RETAIL UNIT
HANOI : Vietnamese conglomerate Masan’s said on Monday it was considering launching an international initial public…
THE RISK OF EXCESS YUAN APPRECIATION
SHANGHAI: Avoiding excess yuan appreciation should be one of China’s priorities in managing market expectations and…