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WASHINGTON: A far-reaching coronavirus economic stimulus package remained stalled in the U.S. Senate on Monday as Democrats said it contained too little money for states and hospitals and not enough restrictions on a fund to help big businesses.
MAJOR stockbrokers have yet to press the force selling button, which may affect as low as 20 companies and the tally may go up to 30 companies.
WASHINGTON/NEW YORK: The Trump administration on Tuesday pursued a massive $850 billion stimulus package to buttress a U.S. economy reeling from the coronavirus threat, while the streets of major American cities emptied in response to stepped-up warnings about the pandemic.
The abrupt change in government has cast uncertainty over some big infrastructure projects, which were planned to be rolled out in the near future.
LOOKING back on the less than two years Pakatan Harapan served as the federal government, there were many successes, as well as evident weaknesses in the way the coalition governed the country.
NEARLY a third of the global financial centre of Singapore sits less than five meters above sea level. If global warming continues unabated, an area as large as 3,400 football fields in the centre of the small city-state could be inundated by 2100, flooding the vital business district and some of its most valuable infrastructure.
PETALING JAYA: The downside risks to Malaysia’s long-term growth prospects are rising as a result of political uncertainty and increasing polarisation, said Fitch Solutions.
KUALA LUMPUR: Heightened political uncertainty due to the collapse of the Pakatan Harapan (PH) government is likely to give rise to higher volatility in Malaysia's financial markets and potentially spur some capital outflows, S&P Global Ratings said.
BANGKOK: A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha.
NEW YORK (Bloomberg): Morgan Stanley had just ended a decade-long drought of major takeovers by top US banks with his surprise deal to buy E*Trade Financial Corp for US$13bil.