Russia, Mexico, India, Brazil boost financial wealth amid global crisis
MOSCOW: Many countries experienced wealth losses last year, including the United States, Japan, China and others, with each losing more than US$1 trillion, while Russia, Mexico, India, and Brazil topped the list of countries with the largest gains among markets, Swiss banking group UBS said in its Global Wealth Report 2023 released Tuesday. “Wealth increases […]
Economy to face sharp slowdown as LI records largest drop in March
KUALA LUMPUR: The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a two-week movement control order (MCO) beginning on March 18 to curb the spread of Covid-19. The Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin said based on the […]
