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Call for more incentives to promote large-scale use of EVs
COPENHAGEN: Major central banks in Europe and Asia are scaling back their offers of dollars to lenders in a sign of confidence that the pandemic’s grip on markets is loosening, even if the economic pain persists.
SWEDEN'S once battered credit market is finding relief in an unexpected place.
KUALA LUMPUR: Malaysia Airlines has introduced an enhanced economy class flexible fare options across its entire network for all passengers – the first carrier in Asia Pacific – and it takes effect on June 22.
KUALA LUMPUR: The ringgit rebounded to open higher today in line with other Asian markets as the greenback fell on worries of a second wave of COVID-19 infections in the United States.
KUALA LUMPUR: The ringgit had eased to open lower today as the global economy continues to be under pressure following concerns of a resurgence of the COVID-19 pandemic.
WITH no truly safe bets during a wild year for financial markets, there’s now a hunt to cover all eventualities and Japan’s yen could offer a peculiar twin role.
MUMBAI: Gold imports by India slumped by about 99% for a second straight month in May, disrupted by restrictions to control the coronavirus outbreak in the world’s second-biggest consuming nation.
SYDNEY: Australian banks doubled their lending to the most leveraged home owners in the March quarter, just as the country shut its economy due to the Covid-19 pandemic, data showed, putting them at risk of acute mortgage stress if prices fall as predicted.