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KUALA LUMPUR: Malaysia's central bank is expected to cut key interest rates to historic lows on Wednesday, according to a Reuters poll, after surging coronavirus infections led the government to impose fresh lockdowns, further curbing economic activity.
SEOUL: South Korea lost the most jobs in two decades and the unemployment rate hit a 10-year high as the country’s worst coronavirus outbreak yet forced businesses to slash hiring.
KUALA LUMPUR: Malaysia's economy is projected to grow by 6% this year, ranking second highest in Asean after the Philippines, said Credit Suisse.
SEOUL: When Ryu Han-na, a 20-year-old university student, got cosmetic surgery on her nose in mid-December, she had a simple reason: it might be the last chance to do so covertly before people start taking off masks this year as vaccines are distributed.
THE year 2020 will be remembered in history as a year everyone would rather forget. It will also be a year that will be remembered for one word but then again, there are multiple words to describe the year itself.
NEW DELHI: India is set to swing from being a cautious spender in 2020 to opening the fiscal floodgates as Prime Minister Narendra Modi seeks to pull Asia’s third-biggest economy back from the worst of the pandemic.
KUALA LUMPUR: There is a sense of hopefulness that comes with ushering in the new year and closing the books on 2020, especially with news of Covid-19 vaccine already being distributed all over the world.
Counters tied to economic performance are back in favour as rebound picks up pace