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BEIJING: China's economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further this year even as the global pandemic raged unabated.
KUALA LUMPUR: The second round of the movement control order or MCO 2.0 is expected to be less hard hitting on the economy as compared to last year.
TOKYO: Prime Minister Yoshihide Suga's (pic) approval rating has slid further due to the public's dissatisfaction with his handling of the COVID-19 pandemic with about half of people in Japan now disapproving of his government, a Yomiuri newspaper poll showed on Monday.
THE week opens with Bank Negara’s decision on the overnight policy rate (OPR). The monetary policy committee (MPC) of Bank Negara is expected to meet on Wednesday.
PETALING JAYA: The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara would maintain the overnight policy rate at 1.75% at its meeting on Wednesday.
ROME: Italy forecasts its debt to soar to a new post-war record level of 158.5% of gross domestic output (GDP) this year, surpassing the 155.6% goal it set in September, a government source told Reuters on Saturday.
BEIJING: China’s inflation is likely to see moderate growth this year, but a consistent pickup is unlikely, given the constrained consumption of services, a senior central bank official said.
There has to be some reasonableness in applying the current lockdown rules
Immediate financial assistance packages being sought