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KUALA LUMPUR: Pos Malaysia Bhd may be set for an earnings turnaround in 2020 following a commercial postal rate revision to lift its postal segment's profitability.
KUALA LUMPUR: The ringgit extended its downtrend against the US dollar at the opening session today due to lingering worries over COVID-19 pandemic which has curbed traders’ risk appetite, said a dealer.
AS governments around the world grapple with tracking those infected with the coronavirus (Covid-19) and containment, it is clear that a global market meltdown is inevitable.
SYDNEY: Australian Prime Minister Scott Morrison said on Tuesday the government will soon announce measures to stimulate an economy hammered by the effects of the coronavirus outbreak, as the local share market came in for another turbulent session.
ROME: All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.
GENEVA/BEIJING: The coronavirus spread further on Friday, with cases reported for the first time in at least six countries across four continents, battering markets and leading the World Health Organization (WHO) to raise its impact risk alert to "very high."
PETALING JAYA: Pos Malaysia Bhd, which posted its sixth consecutive loss-making quarter, may see its earnings lifted this year on the back of the company’s recent postage hike
SHANGHAI/SEOUL: Asia reported hundreds of new coronavirus cases on Wednesday, including the first U.S. soldier to be infected, as the United States warned of an inevitable pandemic, and outbreaks in Italy and Iran spread to more countries.
KUALA LUMPUR: Interim Prime Minister Tun Dr Mahathir Mohamad has completed a meeting with the Finance Ministry’s top officials in regards to the tabling of the Economic Stimulus Package.