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KUALA LUMPUR: Tropical rainforests disappeared at a rate of one football pitch every six seconds last year, researchers said on Tuesday, urging countries to include forest protection in post-pandemic plans
KUALA LUMUR: Affin Hwang Capital research has maintained its "underweight" call on the banking sector as it expects a deterioration in earnings moving forward.
PETALING JAYA: Public Bank Bhd’s first quarter results for the 2020 financial year (FY20) of RM1.33bil were largely within analysts estimates although it did show some effects from the Covid-19 pandemic.
AGAINST a highly challenging global economic outlook, a global recession looks imminent. The Malaysian economy is expected to see a contraction of -2% at its worst and growth of 0.5% at its best in 2020, compared with 4.3% in 2019.
CANBERRA: Prime Minister Scott Morrison has laid out his plans to reshape Australia’s post-coronavirus economy, saying improved job skills training will be essential for a changing labour market.
Country faces looming threat of credit rating downgrade
TOKYO: After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the eurozone and Japan are experimenting with some carrot, too.
WASHINGTON: U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House of Representatives and that Democrats have "no red lines."