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2020-11-18 11:58 | Report Abuse
U.S. retail sales lose speed as pandemic, lack of fiscal stimulus weigh
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.
2020-11-18 11:57 | Report Abuse
U.S. retail sales lose speed as pandemic, lack of fiscal stimulus weigh
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.
2020-11-18 11:57 | Report Abuse
U.S. retail sales lose speed as pandemic, lack of fiscal stimulus weigh
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.
2020-11-17 11:11 | Report Abuse
Larangan menjual minuman keras mulai Okt 2021
DEWAN Bandaraya Kuala Lumpur (DBKL) memperkenalkan garis panduan baru mengenai lesen minuman keras yang mula berkuat kuasa semalam. Antara lain, garis panduan tersebut menetapkan bahawa kedai runcit dan kedai serbaneka tidak lagi dibenarkan menjual produk minuman keras mulai 1 Oktober tahun depan.
‘Berkuat kuasa 1 Oktober 2021 tiada lagi lesen baru LMK (minuman keras yang memabukkan) di kedai runcit, serbaneka, ubat Cina. Untuk LMK sedia ada di kedai runcit, serbaneka, ubat Cina, pembaharuan dibenarkan sehingga 30 September 2021 sahaja,’ kata garis panduan itu.
Mereka masih dibenarkan menjual bir setelah larangan berkuat kuasa, tetapi hanya dari jam 7 pagi hingga 9 malam. Pemilik premis mesti memastikan minuman beralkohol dipamer berasingan dari minuman lain, dan mengunci ruang rak pameran selepas jam 9 malam.
Pasar raya, hypermarket, hotel, bar, dan pub masih dibenarkan menjual minuman keras, tetapi mesti memastikan bahawa pelanggan berusia sekurang-kurangnya 21 tahun.
2020-11-17 11:09 | Report Abuse
Larangan menjual minuman keras mulai Okt 2021
DEWAN Bandaraya Kuala Lumpur (DBKL) memperkenalkan garis panduan baru mengenai lesen minuman keras yang mula berkuat kuasa semalam. Antara lain, garis panduan tersebut menetapkan bahawa kedai runcit dan kedai serbaneka tidak lagi dibenarkan menjual produk minuman keras mulai 1 Oktober tahun depan.
‘Berkuat kuasa 1 Oktober 2021 tiada lagi lesen baru LMK (minuman keras yang memabukkan) di kedai runcit, serbaneka, ubat Cina. Untuk LMK sedia ada di kedai runcit, serbaneka, ubat Cina, pembaharuan dibenarkan sehingga 30 September 2021 sahaja,’ kata garis panduan itu.
Mereka masih dibenarkan menjual bir setelah larangan berkuat kuasa, tetapi hanya dari jam 7 pagi hingga 9 malam. Pemilik premis mesti memastikan minuman beralkohol dipamer berasingan dari minuman lain, dan mengunci ruang rak pameran selepas jam 9 malam.
Pasar raya, hypermarket, hotel, bar, dan pub masih dibenarkan menjual minuman keras, tetapi mesti memastikan bahawa pelanggan berusia sekurang-kurangnya 21 tahun.
2020-11-17 11:08 | Report Abuse
Larangan menjual minuman keras mulai Okt 2021
DEWAN Bandaraya Kuala Lumpur (DBKL) memperkenalkan garis panduan baru mengenai lesen minuman keras yang mula berkuat kuasa semalam. Antara lain, garis panduan tersebut menetapkan bahawa kedai runcit dan kedai serbaneka tidak lagi dibenarkan menjual produk minuman keras mulai 1 Oktober tahun depan.
‘Berkuat kuasa 1 Oktober 2021 tiada lagi lesen baru LMK (minuman keras yang memabukkan) di kedai runcit, serbaneka, ubat Cina. Untuk LMK sedia ada di kedai runcit, serbaneka, ubat Cina, pembaharuan dibenarkan sehingga 30 September 2021 sahaja,’ kata garis panduan itu.
Mereka masih dibenarkan menjual bir setelah larangan berkuat kuasa, tetapi hanya dari jam 7 pagi hingga 9 malam. Pemilik premis mesti memastikan minuman beralkohol dipamer berasingan dari minuman lain, dan mengunci ruang rak pameran selepas jam 9 malam.
Pasar raya, hypermarket, hotel, bar, dan pub masih dibenarkan menjual minuman keras, tetapi mesti memastikan bahawa pelanggan berusia sekurang-kurangnya 21 tahun.
2020-11-16 22:01 | Report Abuse
Dump the dollar, stick with stocks and corporate bonds, Morgan Stanley advises heading into 2021
Keep the faith, trust the recovery," Morgan Stanley writes in a bullish investor outlook for 2021.
A base case for the S&P 500 to reach 3,900 by the end of 2021
A 10-year U.S. Treasury yield at 1.45% by the end of next year
The U.S. Dollar Index to weaken about 4% by the end of 2021
A preference for high-yield credit over investment grade and leveraged loans over high-yield bonds
2020-11-16 22:01 | Report Abuse
Dump the dollar, stick with stocks and corporate bonds, Morgan Stanley advises heading into 2021
Keep the faith, trust the recovery," Morgan Stanley writes in a bullish investor outlook for 2021.
A base case for the S&P 500 to reach 3,900 by the end of 2021
A 10-year U.S. Treasury yield at 1.45% by the end of next year
The U.S. Dollar Index to weaken about 4% by the end of 2021
A preference for high-yield credit over investment grade and leveraged loans over high-yield bonds
2020-11-16 22:00 | Report Abuse
Dump the dollar, stick with stocks and corporate bonds, Morgan Stanley advises heading into 2021
Keep the faith, trust the recovery," Morgan Stanley writes in a bullish investor outlook for 2021.
A base case for the S&P 500 to reach 3,900 by the end of 2021
A 10-year U.S. Treasury yield at 1.45% by the end of next year
The U.S. Dollar Index to weaken about 4% by the end of 2021
A preference for high-yield credit over investment grade and leveraged loans over high-yield bonds
2020-11-16 07:28 | Report Abuse
NEWS INTERNATIONAL
Violent clashes in U.S. after Trump backers’ protest
He appeared to acknowledge publicly for the first time that Biden won the election, but made clear he would not concede
After several thousand supporters of President Donald Trump protested the election results and marched to the Supreme Court, nighttime clashes with counter-demonstrators led to fistfights, at least one stabbing and more than 20 arrests.
Several other cities on Saturday also saw gatherings of Trump supporters unwilling to accept Democrat Joe Biden’s Electoral College and popular vote victory as legitimate. Cries of “Stop the Steal” and “Count Every Vote” rang out despite a lack of evidence of voter fraud or other problems that could reverse the result.
Trump’s motorcade
The demonstrations in the nation’s capital went from tense to violent during the night and early Sunday. Videos posted on social media showed fights, projectiles and clubs as Trump backers sparred with those demanding they take their “Make America Great Again” (MAGA) hats and banners and leave. A variety of charges, including assault and weapons possession, were filed against those arrested, officials said. Two police officers were injured and several firearms were recovered by police.
2020-11-16 07:27 | Report Abuse
NEWS INTERNATIONAL
INTERNATIONAL
Violent clashes in U.S. after Trump backers’ protest
He appeared to acknowledge publicly for the first time that Biden won the election, but made clear he would not concede
After several thousand supporters of President Donald Trump protested the election results and marched to the Supreme Court, nighttime clashes with counter-demonstrators led to fistfights, at least one stabbing and more than 20 arrests.
Several other cities on Saturday also saw gatherings of Trump supporters unwilling to accept Democrat Joe Biden’s Electoral College and popular vote victory as legitimate. Cries of “Stop the Steal” and “Count Every Vote” rang out despite a lack of evidence of voter fraud or other problems that could reverse the result.
Trump’s motorcade
The demonstrations in the nation’s capital went from tense to violent during the night and early Sunday. Videos posted on social media showed fights, projectiles and clubs as Trump backers sparred with those demanding they take their “Make America Great Again” (MAGA) hats and banners and leave. A variety of charges, including assault and weapons possession, were filed against those arrested, officials said. Two police officers were injured and several firearms were recovered by police.
2020-11-16 07:21 | Report Abuse
US COVID-19 cases cross 11 million as pandemic intensifies
ECONOMY
Monday, 16 Nov 20206:46 AM MYT
2020-11-16 07:21 | Report Abuse
US COVID-19 cases cross 11 million as pandemic intensifies
ECONOMY
Monday, 16 Nov 20206:46 AM MYT
2020-11-16 07:19 | Report Abuse
Trump slammed for absence from Asean Summit
By BLOOMBERG
November 14, 2020 @ 8:11pm
2020-11-14 09:34 | Report Abuse
The U.S. recorded more than 150,000 new Covid cases on Thursday for the first time since the pandemic took hold in the country roughly nine months ago. The seven-day average of daily new infections now stands at 131,445 — 32% higher than this time last week — according to a CNBC analysis of Johns Hopkins data. State and local leaders are again imposing tough restrictions in an effort to tamp down spread ahead of the colder holiday season.
2020-11-14 09:34 | Report Abuse
The U.S. recorded more than 150,000 new Covid cases on Thursday for the first time since the pandemic took hold in the country roughly nine months ago. The seven-day average of daily new infections now stands at 131,445 — 32% higher than this time last week — according to a CNBC analysis of Johns Hopkins data. State and local leaders are again imposing tough restrictions in an effort to tamp down spread ahead of the colder holiday season.
2020-11-12 22:10 | Report Abuse
The US dollar could collapse by the end of 2021 and the economy can expect a more than 50% chance of a double-dip recession, the economist Stephen Roach told CNBC on Wednesday.
The US has seen economic output rise briefly and then fall in eight of the past 11 business-cycle recoveries, Roach said.
Grim second-quarter data cannot be dismissed, he said, pointing out that "the current-account deficit in the United States, which is the broadest measure of our international imbalance with the rest of the world, suffered a record deterioration."
Roach last predicted a crash in the dollar index in June, when it was trading at about 96. He said at the time that it would collapse 35% against other major currencies within the next year or two.
2020-11-12 22:09 | Report Abuse
The US dollar could collapse by the end of 2021 and the economy can expect a more than 50% chance of a double-dip recession, the economist Stephen Roach told CNBC on Wednesday.
The US has seen economic output rise briefly and then fall in eight of the past 11 business-cycle recoveries, Roach said.
Grim second-quarter data cannot be dismissed, he said, pointing out that "the current-account deficit in the United States, which is the broadest measure of our international imbalance with the rest of the world, suffered a record deterioration."
Roach last predicted a crash in the dollar index in June, when it was trading at about 96. He said at the time that it would collapse 35% against other major currencies within the next year or two.
2020-11-12 22:09 | Report Abuse
The US dollar could collapse by the end of 2021 and the economy can expect a more than 50% chance of a double-dip recession, the economist Stephen Roach told CNBC on Wednesday.
The US has seen economic output rise briefly and then fall in eight of the past 11 business-cycle recoveries, Roach said.
Grim second-quarter data cannot be dismissed, he said, pointing out that "the current-account deficit in the United States, which is the broadest measure of our international imbalance with the rest of the world, suffered a record deterioration."
Roach last predicted a crash in the dollar index in June, when it was trading at about 96. He said at the time that it would collapse 35% against other major currencies within the next year or two.
2020-11-12 21:01 | Report Abuse
Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot
One of the volunteers of the trial, Texas lobbyist Glenn Deshields compared side effects of the shot as being similar to "a severe hangover" whereas another one, 45-year old Carrie said that she went through fever, body aches and headache after the second shot.
2020-11-12 21:01 | Report Abuse
Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot
One of the volunteers of the trial, Texas lobbyist Glenn Deshields compared side effects of the shot as being similar to "a severe hangover" whereas another one, 45-year old Carrie said that she went through fever, body aches and headache after the second shot.
2020-11-12 21:01 | Report Abuse
Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot
One of the volunteers of the trial, Texas lobbyist Glenn Deshields compared side effects of the shot as being similar to "a severe hangover" whereas another one, 45-year old Carrie said that she went through fever, body aches and headache after the second shot.
2020-11-10 16:53 | Report Abuse
Indonesia's Bio Farma says China's Sinovac Covid-19 vaccine trials 'going smoothly'
Stanley Widianto
/
Reuters
November 10, 2020 14:12 pm +08
2020-11-10 16:52 | Report Abuse
Indonesia's Bio Farma says China's Sinovac Covid-19 vaccine trials 'going smoothly'
Stanley Widianto
/
Reuters
November 10, 2020 14:12 pm +08
2020-11-10 16:52 | Report Abuse
Indonesia's Bio Farma says China's Sinovac Covid-19 vaccine trials 'going smoothly'
Stanley Widianto
/
Reuters
November 10, 2020 14:12 pm +08
2020-11-10 16:52 | Report Abuse
Indonesia's Bio Farma says China's Sinovac Covid-19 vaccine trials 'going smoothly'
Stanley Widianto
/
Reuters
November 10, 2020 14:12 pm +08
2020-11-10 16:50 | Report Abuse
Singapore could have a Covid-19 vaccine by early 2021
SINGAPORE
Tuesday, 10 Nov 202011:57 AM MYT
2020-11-10 16:50 | Report Abuse
Singapore could have a Covid-19 vaccine by early 2021
SINGAPORE
Tuesday, 10 Nov 202011:57 AM MYT
2020-11-10 16:49 | Report Abuse
Singapore could have a Covid-19 vaccine by early 2021
SINGAPORE
Tuesday, 10 Nov 202011:57 AM MYT
2020-11-10 13:52 | Report Abuse
Hopes are soaring that a Covid vaccine is within reach, following news that an interim analysis has shown Pfizer/BioNTech’s candidate was 90% effective in protecting people from transmission of the virus in global trials.
2020-11-10 13:52 | Report Abuse
Hopes are soaring that a Covid vaccine is within reach, following news that an interim analysis has shown Pfizer/BioNTech’s candidate was 90% effective in protecting people from transmission of the virus in global trials.
2020-11-10 13:52 | Report Abuse
Hopes are soaring that a Covid vaccine is within reach, following news that an interim analysis has shown Pfizer/BioNTech’s candidate was 90% effective in protecting people from transmission of the virus in global trials.
2020-11-09 01:04 | Report Abuse
Brexit
Boris Johnson under pressure to avoid no-deal Brexit after Biden victory
Whitehall fears that failure to strike a deal with the EU would threaten the special relationship
2020-11-09 01:03 | Report Abuse
Brexit
Boris Johnson under pressure to avoid no-deal Brexit after Biden victory
Whitehall fears that failure to strike a deal with the EU would threaten the special relationship
2020-11-09 01:02 | Report Abuse
Brexit
Boris Johnson under pressure to avoid no-deal Brexit after Biden victory
Whitehall fears that failure to strike a deal with the EU would threaten the special relationship
2020-11-08 22:23 | Report Abuse
Inflation concerns and a weaker dollar
Markets are now increasingly worried about inflation returning as a result of historic fiscal spending and continued low interest rates, which the bank says will likely drive more investment in commodities in order to offset that risk.
"We see trends in rising social need, alongside investor complacency over inflation, as raising the political risks of policy with an inflationary bias," the analysts wrote. "Accordingly, we expect an increased rotation into commodities as an inflation hedge."
Gold is seen as one of those hedges, and has seen its price shoot up by 26% this year. Goldman expects the metal to average a price of $2,300 per ounce in 2021, up from its predicted average of $1,836 per ounce this year.
2020-11-08 22:22 | Report Abuse
Inflation concerns and a weaker dollar
Markets are now increasingly worried about inflation returning as a result of historic fiscal spending and continued low interest rates, which the bank says will likely drive more investment in commodities in order to offset that risk.
"We see trends in rising social need, alongside investor complacency over inflation, as raising the political risks of policy with an inflationary bias," the analysts wrote. "Accordingly, we expect an increased rotation into commodities as an inflation hedge."
Gold is seen as one of those hedges, and has seen its price shoot up by 26% this year. Goldman expects the metal to average a price of $2,300 per ounce in 2021, up from its predicted average of $1,836 per ounce this year.
2020-11-08 22:22 | Report Abuse
Inflation concerns and a weaker dollar
Markets are now increasingly worried about inflation returning as a result of historic fiscal spending and continued low interest rates, which the bank says will likely drive more investment in commodities in order to offset that risk.
"We see trends in rising social need, alongside investor complacency over inflation, as raising the political risks of policy with an inflationary bias," the analysts wrote. "Accordingly, we expect an increased rotation into commodities as an inflation hedge."
Gold is seen as one of those hedges, and has seen its price shoot up by 26% this year. Goldman expects the metal to average a price of $2,300 per ounce in 2021, up from its predicted average of $1,836 per ounce this year.
2020-11-08 09:13 | Report Abuse
Japanese gov't issues warnings of unrest to nationals in US over presidential election
November 7, 2020 (Mainichi Japan)
2020-11-08 09:13 | Report Abuse
Japanese gov't issues warnings of unrest to nationals in US over presidential election
November 7, 2020 (Mainichi Japan)
2020-11-08 09:12 | Report Abuse
Japanese gov't issues warnings of unrest to nationals in US over presidential election
November 7, 2020 (Mainichi Japan)
Stock: [CIMB]: CIMB GROUP HOLDINGS BERHAD
2020-11-18 12:14 | Report Abuse
Thailand protests: More than 40 injured as clashes rock Bangkok
18 November 2020 Asia
Protesters were attempting to reach parliament on Tuesday, where lawmakers were debating possible changes to the constitution.
They hurled smoke bombs and bags of paint at police, who retaliated with water cannon and tear-gas solution.
The proposed constitutional changes have been one of the core demands of the months-long protest movement.
Others included reforms to the monarchy and the removal of Prime Minister Prayuth Chan-ocha - a former general who seized power in a 2014 coup.
But the BBC's Jonathan Head, who was at the scene, said many activists were worried that parliament would dismiss most of their demands - in particular, the one calling for reform of the monarchy.
Legislators are expected to vote on whether to accept any of the proposed changes by Wednesday evening local time.