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SYDNEY: Australian Prime Minister Scott Morrison said on Tuesday the government will soon announce measures to stimulate an economy hammered by the effects of the coronavirus outbreak, as the local share market came in for another turbulent session.
AS governments around the world grapple with tracking those infected with the coronavirus (Covid-19) and containment, it is clear that a global market meltdown is inevitable.
KUALA LUMPUR: The ringgit extended its downtrend against the US dollar at the opening session today due to lingering worries over COVID-19 pandemic which has curbed traders’ risk appetite, said a dealer.
KUALA LUMPUR: Pos Malaysia Bhd may be set for an earnings turnaround in 2020 following a commercial postal rate revision to lift its postal segment's profitability.
HONG KONG: As thousands of Hong Kong citizens and expatriates return to the city, many are seeking refuge in hotels, fearful that cramped apartments in one of the world's most expensive property markets could put families or flatmates at risk.
We need to stop the blame game but earn, adapt and act fastLeadership in the age of pandemics
KUALA LUMPUR: It is time for an expansionary fiscal policy to safeguard the people and the economy that have been affected by the novel coronavirus 2019 (COVID-19) pandemic, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said today.
KUALA LUMPUR: Consumption and inflation growth will see a one-off rebound due to the low base effect caused by depressed consumption during the nationwide Movement Control Order (MCO), said the Institute for Democracy and Economic Affairs (Ideas).
Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths as the pandemic further exploded in the United States and the death toll climbed in Spain and Italy, according to a Reuters tally of official data.
LONDON: British Prime Minister Boris Johnson was moved to an intensive care unit on Monday after his coronavirus symptoms worsened though his Downing Street office said he was still conscious.