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LONDON/FRANKFURT: European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of the coronavirus outbreak, two people familiar with the matter told Reuters.
LUXEMBOURG: Google’s decade-long antitrust fight with the European Union is set for more twists and turns this week as the internet giant battles the first in a trilogy of fines that cost the company nearly $9 billion.
BRUSSELS: The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate.
BERLIN: Malaysia is going on the offensive to inform the European Union (EU) about their palm oil policy, and also prevent the EU from taking what is being portrayed as a “propensity towards protectionism”.
KUALA LUMPUR: The FBM KLCI extended its decline by 5.62 points in the early session to 1,642.34 as markets awaited the US rate cut decision later this week.
SYDNEY/WELLINGTON: The Australian and New Zealand dollars wallowed near recent lows on Monday while bonds climbed to all-time highs on expectations interest rates will stay lower for longer in both countries as policymakers look to revive growth and inflation.
A deal would help the UK-based exchange operator expand its business as a data provider to investors and companies