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TOKYO/NEW YORK: Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
SINGAPORE: Australia's Qantas Airways Ltd posted a 17% fall in annual net profit, driven by fuel costs and a weaker Australian dollar, but cheered investors with a A$400 million share buyback and higher dividend.
LONDON: Tesco, Britain’s biggest retailer, said sales growth slowed in its latest quarter, blaming a subdued overall market that has been hampered by poor early summer weather, sending its shares lower yesterday.
BERLIN/PARIS: French President Emmanuel Macron called on Sunday for Germany and France to dig deeper as allies in their bid to spearhead a more united Europe, including by overcoming lingering scepticism on issues such as a euro zone budget.
Think Asian - By Andrew Sheng THE year 2018 is the 100th anniversary of the end of the First World War. In 1919, the poet WB Yeats wrote these famous lines in his poem The Second Coming: “Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst are full of passionate intensity.”
THE “Two Sessions” of China’s National People’s Congress gathering last month marked the 40th anniversary of China’s reform and opening up which led to its transformation, furthering the China Dream of socialism with Chinese characteristics.
KUALA LUMPUR: Bank Negara Malaysia (BNM), which will issue commemorative coins to celebrate the 100th anniversary of the Malaysian palm oil industry, is selling the coins through public balloting to ensure fairness in distribution to intended buyers.
KUALA LUMPUR: Bank Negara Malaysia (BNM) is issuing commemorative coins to celebrate the 100th anniversary of the Malaysian palm oil industry.