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Authorities fail to agree who should borrow to cover shortfalls
WASHINGTON: A former fundraiser for U.S. President Donald Trump is expected to plead guilty next week to charges of illegally lobbying Trump to drop an investigation into a massive Malaysian embezzlement scandal, according to court documents filed Thursday.
THERE’S a long road to travel from saying the right words to doing the right thing. It’s the journey from ethics to integrity. The same applies to diversity and inclusion.
THE global economic tumult due to Covid-19 has brought into sharp focus the need for a more robust corporate restructuring and rescue framework to tackle financial distress threatening companies.
NEW YORK: Wall Street shares closed higher Tuesday on growing optimism that U.S. lawmakers are nearing a deal on a stimulus package aimed at cushioning the economic shock from the coronavirus pandemic.
Beijing accelerates industrial transformation despite pandemic
KUALA LUMPUR: Bursa Malaysia started Thursday on a cautious note after the selling the previous day with Maybank and Hong Leong Bank posting some losses but gloves edged higher.
PETALING JAYA: Issues over incidences of forced labour in the country have already been dealt with, either through government policies or through individual company proactive initiatives.
WASHINGTON: Banks that facilitated the US government’s Paycheck Protection Programme (PPP) at first saw the effort as a small revenue booster with a patriotic bonus, shepherding US$525bil in loans to businesses slammed by the fallout of the Covid-19 pandemic.
NEW DELHI/MUMBAI: A Singapore arbitration panel has put on hold Future Group's $3.38 billion asset sale to Reliance Industries Ltd, an interim win for Amazon.com Inc, which had alleged the deal between the Indian firms breached existing agreements.