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TOKYO: The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk
BERLIN: The rally in German bonds in the past week has reminded fund managers why betting against Europe’s safest assets is a risky business.
PETALING JAYA: Pavilion Real Estate Investment Trust’s (REIT) earnings will likely remain under pressure in the near term amid the tough retail environment.
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.
KUALA LUMPUR: A social protection scheme to help poor Indonesians living in rural areas by giving them cash also reduced deforestation by 30%, researchers said on Friday, fuelling hope that efforts to tackle poverty and protect forests can work in tandem.
NEW YORK: Global equity markets rose in choppy trading on Friday as concerns triggered by the U.S. Federal Reserve's less-than-optimistic outlook for an economic recovery and a jump in U.S. coronavirus cases gave investors pause.
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).
THE safe-haven dollar, pared losses during the week, closing lower by 0.21% at 96.73.
Move is to shore up the economy amid coronavirus pandemic
MALAYSIAN bonds are starting to show some concern about the nation’s rising fiscal deficit. It may be time for the central bank to respond.