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BENGALURU: Indian shares eked out gains on Monday as Prime Minister Narendra Modi's assurance on mass production of COVID-19 vaccines and more infrastructure spending by the government boosted sentiment.
LONDON: As Britain and the European Union (EU) restart talks to try to agree a trade deal before the end of 2020, traders are bracing for a new round of volatility for the pound that could end the currency’s recent run higher.
SINGAPORE: Crude oil prices nudged higher on Monday as storms bore down on the Gulf of Mexico, shutting more than half the region's oil production, although gains were capped by ongoing concerns about demand from coronavirus lockdowns.
JAKARTA: Hundreds of Indonesian workers rallied outside the nation’s parliament against a sweeping legislation meant to make it easier for companies to hire and fire employees, undermining President Joko Widodo’s efforts to boost investment and revive an economy battered by Southeast Asia’s worst coronavirus outbreak.
OF THE many tragedies in the US Covid-19 coronavirus epidemic, among the largest was that the nation's four economic powerhouses - California, Florida, New York and Texas - bolted to opposite corners early in an often politicised response to the crisis.
TOKYO: After more than three centuries in business, the Onuma department store in northern Japanese city of Yamagata began bankruptcy proceedings this year - one of many distinguished department stores across the country in dire straits.
JAKARTA: Indonesia must synchronise monetary and fiscal policies better to tackle economic pressures caused by the pandemic, although the government does not back a proposal for a monetary board to oversee the country’s central bank, a top minister told Reuters
Social media operator’s move to use threat on Australia comes under fire
NEW YORK: Stocks across the world hit their lowest in seven weeks and other risk assets also sold off on Monday on concerns over renewed lockdown measures in Europe and Britain, as well as the United States' inability to agree on fiscal stimulus that would support millions of unemployed.