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KUALA LUMPUR: RHB Banking Group confirmed on Wednesday that one of its employees from the Kelana Jaya branch of RHB Islamic Bank was tested positive for Covid-19.
HONG KONG (AFP): Most Asian equities retreated Wednesday after a two-day rally as investors closely track developments in the coronavirus crisis, while the oil market continued to fluctuate ahead of a crucial producers' meeting.
Computer chip makers are banking on less disruptions to their factories from this week's strict lockdown in Singapore than the havoc wreaked on their supply chains last month when Malaysia and the Philippines imposed vague restrictions about "essential" operations.
WASHINGTON (Reuters) - U.S. President Donald Trump has removed the inspector general tasked with overseeing the government's coronavirus response, including $2.3 trillion in economic relief, the spokeswoman for that inspector general's office said on Tuesday.
THE first sitting of the Penang state legislative assembly this year will be limited to about one hour in view of the Covid-19 pandemic.
AFTER watching Prime Minister Tan Sri Muhyiddin Yassin’s announcement on the enhanced stimulus package for SMEs, my various chat groups came alive with all kinds of comments and opinions. In particular, one chat group which comprises experienced retired senior bankers, entrepreneurs and senior business journalists (all about the same age of 60 and above) stood out for its wisdom and sharp foresight.
NEW YORK: Two key bank regulators are holding off on easing Wall Street debt limits in response to the coronavirus pandemic, leaving billions of dollars locked up at banking subsidiaries that could be used for lending amid the deepening economic crisis.