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NEW YORK: Some of the assets most exposed to fears around the spread of the delta variant are luring traders with tempting signals of strength and stability. Emerging-market( EM) corporate earnings have outpaced estimates for the first time in 30 months amid an economic rebound in developing nations. Meanwhile, MSCI’s index of emerging currencies and stocks both remain up this year, defying the declines seen this month. Analysts and investors from ING Bank NV and AllianceBernstein are betting on

A little more than a month before Hamas attacked Israel, China’s foreign-policy chief, Wang Yi, hailed a “ wave of reconciliation" sweeping the Middle East, and gave the credit to his own country.... Or, as he put it, China would help Middle Eastern countries find “ a development path that suits their own national conditions". This self-confidence had been building for some time.... His essay has been widely read in Beijing’s foreign embassies after being spotted and translated by Sinification

KUALA LUMPUR: Share prices of Malaysian glove stocks, some of which have plunged more than 50% over the past 12 months, remain weak as global vaccine rollout has begun normalising demand and eroding average selling prices( ASPs). Hong Leong Investment Bank( HLIB) Research, in a recent note, said the global vaccination rollout, especially in major glove consuming countries like the United States and the European Union( EU), has resulted in lower urgency for distributors to pre-book supplies in ad

“ I think there will be an immediate impact and it might be a little bit slower at the start.... If there is no demand, having all the campaigns is not going to help, ” she said. The government kicked off the HOC in January 2019 to address the overhang situation in the country.... We maintain our neutral call on Sunway, with an expected total return of 4.1%, ” MIDF Research said....

PETALING JAYA: The ceramah tents are up and the stage is set, but the seats are cold and empty. Where are the crowds?... Political strategists have been scratching their heads ever since the election campaign kicked off on Saturday. Social media has been awash with videos and images showing empty chairs at ceramah held by Barisan Nasional, Pakatan Harapan and their rival Perikatan Nasional.So far, their “ statement of defence ” is that the days of massive audiences are over. Instead, they belie

PETALING JAYA: The ceramah tents are up and the stage is set, but the seats are cold and empty. Where are the crowds?... Political strategists have been scratching their heads ever since the election campaign kicked off on Saturday. Social media has been awash with videos and images showing empty chairs at ceramah held by Barisan Nasional, Pakatan Harapan and their rival Perikatan Nasional.So far, their “ statement of defence ” is that the days of massive audiences are over. Instead, they belie

PETALING JAYA: Kronologi Asia Bhd expects customers to maintain a cautionary outlook for the rest of the financial year 2024, as it remains focused on delivering positive earnings and increasing value for its shareholders. For the third quarter ended Oct 31, 2023, the data solutions provider’s net profit dropped by 86% y-o-y to RM1mil or earnings per share of 0.14 sen. This was mainly due to higher depreciation of property, plant and equipment, and partly from operating costs such as office rent

PETALING JAYA: Numbers forecast operators( NFOs) reopened only about a month ago and are seeing a

22 forecast, Sunway Malls will see three consecutive quarters of sales performance achieving 100% and more