News

THE UK’s regional towns and cities will be flooded with unwanted offices as businesses cut down on unused space after the coronavirus pandemic triggered a shift in working patterns. Read full story

Trio look at inoculation technique to secure supply of the prized wood Read full story

INDUSTRIAL real estate, which proved to be a resilient sector during the pandemic, is expected to remain on the radar of investors. Read full story

SOCIAL factors including war, inflation, supply chain disruptions, energy crisis, worker shortage and the Covid-19 pandemic are affecting buying patterns. Read full story

NEW YORK: With U.S stocks on track to mark their worst first half of the year in more than 50 years, investors are studying a range of metrics to determine whether the coming months could bring relief, or more of the same. Read full story

YOKOHAMA, Japan: Tokyo Gas Co Ltd 9531.T, Japan’s top city gas supplier, said on Friday it has begun a pilot programme of methanation, a technology to help decarbonise city gas, and plans to use green hydrogen sourced from renewable energy for the trial by next March. Read full story

A pair of U.S. central bankers said on Friday they supported further sharp interest rate hikes to stem rapid price rises, even as investors cheered economic data showing inflation expectations to be less worrisome than initially feared. Read full story

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to experience technical correction next week with high supply in the market weighing on prices. Read full story

LONDON/NEW YORK: Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions. Read full story

SHANGHAI: China’s central bank (pic) said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to participating central banks in times of market fluctuations. Read full story

KUALA LUMPUR: The ringgit extended yesterday’s gains to end the week higher against the US dollar today on better demand for the local currency, boosted by steady oil prices, said an analyst. Read full story

KUALA LUMPUR: Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, Paragon Platinum Sdn Bhd (PPSB) has signed three sales and purchase agreements (SPAs) to acquire three parcels of freehold agriculture land in Johor for RM38.079 million. Read full story

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has announced that the imbalance cost pass-through (ICPT) mechanism will continue to be implemented for the period of July 1 until Dec 31, 2022. Read full story