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Wednesday, October 23, 2019

Tag: global economy

Malaysia equity outflow lowest in Asean, as global uncertainty looms

On a year-to-date basis, international funds have taken out RM7.68 billion worth of local equities from Bursa.

The true toll of the trade war

Like other economic superpowers, China grew on the back of manufacturing exports. But, unlike those countries, it is now threatening to compete directly with the West.

Oil prices nudge higher, but economic worries loom

Oil prices have recovered some ground boosted by positive news from China’s services sector.

US, Southeast Asia to hold first ever joint maritime drill

The move is likely to further irk China in the wake of Washington's latest US$8 billion arms sales to self-ruling Taiwan, which Beijing views as part of its territory.

Russia completes its OPEC takeover with deal in Japan

OPEC has come a long way since it sought outside help to cut oil supplies in order to drain excess inventories. 

Trump-Xi take center stage at G20 summit

Now there is pressure for the two sides to ensure at the very minimum that their tariff battle doesn’t worsen.

Businesses clamour for Trump’s ear as US$300 bil in new China...

The US-China trade war is escalating as Washington plans another wave of tariffs on Chinese imports set to further effect the global economy.

Bursa Malaysia easier at opening

Despite global weaknesses and sluggish Chinese industrial data amidst the US-China trade war, Bursa Malaysia opens easier today.

Global airlines slash profit forecast 21% on protectionism fears

Airlines will still turn a profit this year, but there is no easy money to be made says IATA general.

Bursa Malaysia opens flat

It is not good news as Bursa Malaysia's index opened 6.03 points weaker at 1,626.77 as trade talks between the United States and China continue to add on uncertainty to the global economy.

Corporate bond markets haunted by elevated risks, OECD warns

The mountain of repayments coincides with a slowing global economy, changes in monetary policy as central banks attempt to normalise policy, and record levels of sovereign debt borrowing.

IMF warns of global economic ‘storm’ as growth undershoots

IMF Managing Director says trade tensions are already having a global impact.

US-China trade war takes toll on global manufacturing

Euro zone manufacturing activity barely expanded at the end of 2018 while Taiwan and South Korea also saw activity shrink.

Malaysia now ‘easier’ for doing business, says World Bank

The World Bank Doing Business 2019 Report ranks Malaysia at the 15th spot, up nine places.

Window ‘narrowing’ for global economy, IMF warns

The IMF statement said it would push to improve the World Trade Organisation and boost confidence in the global trading system.

IMF warns G20 economic leaders that tariffs hurting global economy

The warning came shortly after US Treasury Minister Steven Mnuchin told reporters there was no "macroeconomic" effect yet on the world's largest economy.

Expert: India to match China by 2050

The head of a think tank sees PM Modi's ascension to power in 2014 as the beginning of India's rise to superpower status.