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EVEN before the Covid-19 pandemic, rentals in retail outlets in some areas were already sluggish due to oversupply. The pandemic dealt a killer blow as retail outlets saw shopper traffic falling by as much as 50%.
SEOUL: Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said.
SEOUL: Lee Kun-hee, the charismatic leader of Samsung Group, South Korea’s biggest conglomerate, died on Sunday, the company said, six years he was hospitalised for a heart attack.
IMAGINE a beautiful beach where families are gathered on a clear day with blue skies. Different families are building sandcastles, whilst some are playing on the beach. No one is watching that a tsunami of different waves is approaching the shore.
DEAR Datuk Seri Tengku Zafrul Aziz, The business community is now confused with the new regulatory conditions imposed on them by your colleagues in the Cabinet in their attempts to control the spread of Covid-19.
WASHINGTON: The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
JAKARTA: Indonesia's central bank kept interest rates steady on Tuesday, holding fire for a third straight meeting to avoid adding pressure to a falling rupiah but reiterated its pledge to use quantitative easing measures to support the economy.
MUMBAI: The Reserve Bank of India left key interest rates unchanged on Friday as widely expected, while keeping policy accommodative to help pull the coronavirus-ravaged economy out of its worst slump in four decades.
WASHINGTON: President Donald Trump returned to the White House on Monday after a three-night hospital stay for treatment for COVID-19, facing a staff hit by a wave of infections and a campaign further shadowed by the pandemic four weeks before Election Day