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NEW YORK: The Federal Reserve on Monday launched its Main Street Lending Program, the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy from buckling under the strains of the coronavirus pandemic.
NEW YORK: Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a spike in new COVID-19 cases.
JOHOR BARU: Former radio announcer and actor Patrick Teoh has been charged in a Sessions Court here with insulting Tunku Mahkota Johor Tunku Ismail Ibni Sultan Ibrahim on social media.
PETALING JAYA: To turn financial technology (fintech) into a competitive advantage, companies should go beyond digitalisation, that is, the implementation of digital technologies, and embrace digital transformation, that is, digitalisation and organisational changes, says Yen Teik Lee, assistant professor of finance at Asia School of Business & International Faculty Fellow at MIT.
Group to ride on developments with attractive price points
KOMARKCORP Corp Bhd (code: 7017) jumped higher yesterday as it extended the sharp rally that had begun in the week prior.
THE Covid-19 lockdowns have led to a deep economic dive, sending shockwaves around the world. IMF estimates world GDP will fall by 3% in 2020 (down 6.3 percentage points from its earlier forecast of +3.3% in late January).
BEIJING (Xinhua): China's central bank on Friday (June 12) continued to pump cash into the banking system via reverse repos to maintain liquidity.
Cookbook author Lara Lee travelled all over Indonesia, collecting some of the best recipes and stories throughout the country.
(Reuters) - Germany submitted its ten-year energy and climate plan to the European Union on Thursday, six months after the deadline to do so, lending long-awaited support to the European Commission's plan to design a tougher 2030 emissions goal for the bloc.