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TRIPOLI (Reuters) - Forces loyal to Libya's internationally recognised government took the last stronghold of eastern commander Khalifa Haftar near Tripoli on Friday and advanced further south, capping the sudden collapse of his 14-month offensive on the capital.
KUALA LUMPUR: The Covid-19 (coronavirus) pandemic has left Malaysia’s palm oil industry without enough workers, a shortage that could cost farmers as much as 25% of their annual production -- a loss worth about US$2.8 billion.
KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin announced a RM35bil short-term economic recovery plan, with RM10bil direct cash injection from the government, to bolster state support for the economy hit hard by the global Covid-19 pandemic.
The world knew him as a government and corporate bigwig but, at home, he was a loving father who taught his daughter everything – from algebra to poetry.
SEOUL: Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.
KUALA LUMPUR: The domestic market was seen recovering nearly all its losses despite the profit-taking mood, which helped to reaffirm the bullish sentiment in equities.
JAKARTA (The Jakarta Post/ANN): Seven more companies have signed deals with gas producers to receive gas at subsidised prices following similar agreements with 11 companies in May, as the government seeks to boost Indonesia's manufacturing sector amid the Covid-19 pandemic.
HONG KONG (AFP): Investors took a breather in Asia on Friday (June 5) after rallying through the week on optimism over the easing of lockdown measures, massive stimulus and signs that the worst of the global economic downturn may be over.
KUALA LUMPUR: The ringgit advanced against the US dollar in the early session today on better demand for the local note, as the greenback, a safe haven-linked currency succumbed against the backdrop of firm risk-on sentiment.