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HONG KONG (AFP): Investors took a breather in Asia on Friday (June 5) after rallying through the week on optimism over the easing of lockdown measures, massive stimulus and signs that the worst of the global economic downturn may be over.
WASHINGTON (Reuters): The US Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
HANOI (Xinhua): Economic ministers of the 10 member states of the Association of Southeast Asian Nations (Asean), China, Japan and South Korea on Thursday (June 4)reaffirmed the importance of open markets amid the Covid-19 pandemic and the need for efforts against the epidemic's adverse impact.
SEOUL: Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension of record production cuts to support oil prices.
WASHINGTON (Reuters) - The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
MUMBAI: Indian Prime Minister Narendra Modi and his Australian counterpart Scott Morrison signed a crucial defense agreement and upgraded ties to a Comprehensive Strategic Partnership, as both nations navigate fraught relations with China.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has delivered the first liquefied natural gas (LNG) import cargoes to Myanmar, the company said, marking a new consumer for the super-chilled fuel.
KUALA LUMPUR: Rimbunan Sawit Bhd’s (RSB) wholly-owned subsidiary Woodijaya Sdn Bhd has signed a sale and purchase agreement with Muzana Plantation JV Sdn Bhd to dispose of a parcel of land located at between Sungai Bakong and Sungai Baram, Baram, Sarawak for RM53mil.
BERLIN: Chancellor Angela Merkel’s coalition agreed on a sweeping 130bil (US$145bil) stimulus package designed to spur short-term consumer spending and get businesses investing again.