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Shanghai, July 20 (AFP): Ant Group, the online payments giant affiliated to Chinese e-commerce leader Alibaba, said Monday it had taken the first steps toward a blockbuster dual listing in Shanghai and Hong Kong that could be among the biggest in years.
Tom Hanks, Michelle Obama and Emma Thompson among big names who have lent their voices to audiobooks.
AMSTERDAM (Reuters) - As EU negotiations over a coronavirus recovery fund and a new budget for the bloc ran into an impasse, Netherlands Prime Minister Mark Rutte was singled out by one leader this weekend as the "man responsible for the whole mess".
JAKARTA: Indonesia has increased tax incentives for businesses in a move to try and limit the economic impact of the coronavirus pandemic, its tax office said.
“While non-performing loans would naturally rise, what is more important is the ability of banks to absorb the impact, ” Bank Negara says in response to the potential impact on banks as the loan moratorium expires in September.
Although the Coronavirus recession has started to rear its ugly head everywhere, including in Malaysia, it is not expected to leave a wound as deep as that which was left by the Asian Financial Crisis (AFC) of the late 1990s.
BEIJING, July 17 (Xinhua): The Asian Infrastructure Investment Bank (AIIB) said on Friday that its board of directors has approved a US$100mil loan to a commercial bank in Vietnam to help sustain business activities disrupted by the Covid-19 pandemic.
Jakarta, July 17 (AFP): Indonesia's central bank on Thursday (July 16) cut interest rates for the fourth time this year, with South-East Asia's biggest economy battered by the coronavirus pandemic.