Tag: recovery
GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains
World stocks experience volatility as investors assess economic recovery challenges. The Dow Jones and S&P 500 decline, reflecting market uncertainty about job growth and the potential impact of rising coronavirus infections. Central bank policies and reopening economies continue to influence market sentiment.
The automotive sector in for sustainable recovery
The automotive sector is set for sustainable recovery following government economic relaxation measures. MIDF research suggests the re-opening of plants and resumption of distribution and retailing from 16 August will help the industry regain lost production and rebuild supply chains.