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LONDON: The world’s governments and central banks are shifting from rescue to recovery mode as the deepest slump since the Great Depression shows signs of bottoming out
HONG KONG (Xinhua): Various British banks and companies operating in China's Hong Kong Special Administrative Region have voiced support for the national security legislation for Hong Kong.
HONG KONG (Reuters): Hong Kong's Legislative Council started to vote on a controversial national anthem Bill on Thursday (June 4) that would make disrespecting China's national anthem a criminal offence, a move critics see as the latest sign of Beijing's tightening grip on the city.
HONG KONG (Reuters) - Former Hong Kong leader Leung Chun-ying on Friday called out banking group HSBC Holdings plc for not making its "stance" clear on China's imposition of a new security law on the city, after the United Kingdom's criticism of the move.
BANGKOK (The Nation/ANN): Standard Chartered Bank today (May 28) said it remains conservative on Thailand’s economic outlook, even as positive signs emerge with the possibility of a further policy rate cut to below 0.25 per cent.
Non-bank/tech players take long-term view of outlook
JAKARTA: Indonesia's imports in April shrank at the fastest pace in nearly five years, underlining weak domestic demand and as its export markets were disrupted by the coronavirus pandemic, trade data showed on Friday.
OIL headed for its first back-to-back weekly gain since February as output cuts from the biggest producers and a nascent recovery in demand began to rebalance a market awash with crude.
KUALA LUMPUR: Standard Chartered Malaysia is lowering its base rate (BR) and base lending rate (BLR) by 50 basis points to 2.52% and 5.7% per annum respectively on May 14.