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SYDNEY/NEW YORK: Asian share markets began the new month with a bang on Tuesday, buoyed by the prospect of a Covid-19 vaccine fueling a global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support.
SYDNEY: Australia's central bank held rates at near-zero in a widely expected move on Tuesday as easy monetary and fiscal policies propped up the coronavirus-hit economy, fueling demand for homes and boosting construction activity.
SINGAPORE (The Straits Times/ANN): Consumers will soon be able to transfer funds from their bank accounts to mobile wallets, and between such e-wallets, in a faster and more hassle-free wa
MEXICO CITY, Nov. 30 (Xinhua) -- Mexico's government on Monday unveiled a second infrastructure investment plan, in collaboration with the private sector, that calls for 228 billion pesos (11.4 billion U.S. dollars) in spending on 29 public works projects.
LONDON: The dollar hit its lowest in two and a half years in early London trading on Monday while riskier currencies dipped slightly as the global equities rally paused for breath.
KUALA LUMPUR: The implementation of a windfall tax on glove companies that have benefited from the pandemic is a non-consistent policy which will a send a wrong signal to investors, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.
LONDON: The extraordinary expansion in central banks’ balance sheets over the past decade poses a challenge to the independence of monetary policy, Bank of England (BoE) chief economist Andy Haldane said.