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SINGAPORE: Singapore's financial system remains robust and resilient even as the economy suffers its most severe downturn due to the coronavirus pandemic, central bank chief Ravi Menon said on Thursday.
JAKARTA: Indonesia's central bank cut interest rates on Thursday for the fourth time this year, stepping up efforts to shore up Southeast Asia's largest economy amid the coronavirus pandemic after recently agreeing to buy more government bonds.
TOKYO: Oil prices eased on Thursday after OPEC and allies such as Russia agreed to taper record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a big drawdown from the country's crude stocks.
WASHINGTON: President Donald Trump on Tuesday ordered an end to Hong Kong's special status under U.S. law to punish China for what he called "oppressive actions" against the former British colony.
PETALING JAYA: Perak-based DBE Gurney Resources Bhd, which will be known as Lagenda Properties Bhd, is expanding its affordable housing arm to meet the growing demand in the segment.
SEOUL: South Korea has outlined a plan to spend 114.1 trillion won (US$94.6bil) on a “New Deal” to create jobs and help the economy recover from the coronavirus fallout, anchored in part by “green” investment in electric vehicles and hydrogen cars.