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Data from Vietnam show surges in both imports from China and exports to the US, highlighting how transshipment circumvents levies
Nur-Sultan, Kazakhstan (Bloomberg): Kazakh President Kassym-Jomart Tokayev said he’ll write off bad loans held by as much as a sixth of the central Asian country’s population, while signaling a sharp change in policy to end costly state bailouts of private banks.
TOKYO: As Japan enters the busiest period of its annual general meeting season, shareholders will submit a record number of proposals to companies amid signs activist efforts to instigate change among conservative corporates are bearing fruit.
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) saw its shares gaining more than 7% or 58 sen to its highest point in six months at RM8.51 after a report said the Malaysian Aviation Commission (Mavcom) has proposed the introduction of a transfer passenger service charge (PSC).
SAN FRANCISCO/NEW YORK: Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
PETALING JAYA: An academician has called on the state governments to dissolve state investment arms, the Menteri Besar Inc (MBI) and Chief Minister Inc (CMI).