FRIDAY TAKEAWAY: Brexit Vote Puts Global Markets on Knife Edge
- 8 years ago
It's Friday Takeaway and markets are on a knife's edge as the UK votes on a historic referendum: whether to stay or to leave the European Union.
Even as the Sterling jumps all over the place, we remind Malaysians: the impact of Brexit is mainly sentiment-driven.
Our economy is only marginally tied to the UK's, while just a smattering of local PLCs have UK operations, such as Sime Darby, KL Kepong, SPSetia, YTL Power and Genting Malaysia.
Even as the Sterling jumps all over the place, we remind Malaysians: the impact of Brexit is mainly sentiment-driven.
Our economy is only marginally tied to the UK's, while just a smattering of local PLCs have UK operations, such as Sime Darby, KL Kepong, SPSetia, YTL Power and Genting Malaysia.