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SYDNEY (Reuters) - Australia on Friday halved the number of people expected to be covered by its coronavirus wage subsidy scheme due to reporting errors and after swiftly controlling the outbreak, a revision that will save the government around A$60 billion ($39 billion).
PETALING JAYA: Foreign holdings of Malaysian bonds declined by RM2bil in April, but this was sharply lower than the RM12.3bil in March, RAM Ratings said.
KUALA LUMPUR: Foreign holdings of Malaysian bonds declined by RM2bil in April but this was sharply lower than the RM12.3bil in March, RAM Ratings said.
KUALA LUMPUR: When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make the world's most-consumed vegetable oil were bubbling near their peak
NEW YORK: A gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.
BRUSSELS (Reuters) - The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible.
NEW YORK: The euro and European government debt rallied on Tuesday, lifted by a Franco-German proposal to fund grants for regions hit hardest by the coronavirus pandemic, while oil traded mostly higher on growing demand as countries eased business lockdowns.