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Business 04 May 2021 | 7:00 AM

China, Japan and South Korea vow ‘targeted’ support for recovery

TOKYO: Finance ministers and central bank governors from China, Japan and South Korea have vowed “targeted” measures for those countries most affected by the Covid-19 pandemic, and committed to foster fiscal and financial stability.

Business 04 May 2021 | 7:00 AM

Francisco Partners, TPG agree to buy Dell’s Boomi

TEXAS: Dell Technologies Inc has agreed to selling its Boomi cloud business to private-equity firms Francisco Partners and TPG in a cash deal valued at US$4bil (RM16.4bil), as part of efforts by chief executive officer Michael Dell to trim down the personal computer maker.

Business 04 May 2021 | 7:00 AM

Yellen plays down inflation fears over Biden spending plan

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden’s plans for infrastructure, jobs and families will cause inflation, saying the spending will be phased in over a decade.