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JAKARTA: Indonesia’s rupiah has depreciated more than any other emerging market currency this month. Past performance suggests August will see further losses.
BENGALURU: Emerging Asian currencies firmed on Wednesday as unease around the next round of economic stimulus in the United States kept the U.S. dollar subdued, while concerns about rising coronavirus cases and imminent dividend cuts dented Singapore stocks
MITO, Japan (AP): Shares were mixed in Asia on Wednesday (July 22), with Australia’s benchmark down more than 1% on reports of a sharp rise in coronavirus cases in the Melbourne area.
NEW YORK/LONDON: World shares rallied to their highest since February and the euro hit its strongest in 18 months on Tuesday after European Union leaders agreed on a landmark stimulus package to revive regional economies ravaged by the coronavirus.
PETALING JAYA: The demand for vegetable oils will continue to increase in line with the world population, which is expected to rise to nine billion by 2030 from the current 7.5 billion
ROME: The European Union (EU) has successfully circled the wagons with its landmark agreement for €750bil (US$859bil) of grants and loans for those countries requiring pandemic support.
KUALA LUMPUR: As much as the government wants to reduce dependency on foreign labour, two significant industries in Malaysia are hoping that Putrajaya can take their dilemma into consideration.
KUALA LUMPUR: Merger and acquisition (M&A) activities in the plantation sector in Malaysia will remain robust in the second half of this year and next year, after picking up momentum in the first half of the year.