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WITH the economic fallout mounting from the daily surge in coronavirus (Covid-19) cases, the probability of recession that had been pushed back, has picked up.
Hong Kong: The broad policy direction for many of the world’s central banks and governments now hinges on one question: how will the Chinese government respond to the economic shock caused by the Covid-19
NEW YORK: Warren Buffett's Berkshire Hathaway Inc on Friday said it has taken a US$549.1 million stake in Kroger Co, investing in the largest U.S. supermarket chain as smaller rivals struggle
WASHINGTON (Reuters) - Former Goldman Sachs head Lloyd Blankfein and U.S. Treasury Secretary Steven Mnuchin both said that Democratic presidential candidate Bernie Sanders would destroy the U.S. economy if he wins.
Deutsche Bank AG is back – at least if its ability to sell the riskiest type of debt is a yardstick.
BEIJING: The outbreak of the coronavirus and China’s efforts to stop the spread mean the economy will grow slower this quarter than first thought, according to economists.
IF anybody thought that the level of corruption in the public sector is bad – they are wrong. It’s worse in the private sector.
KUALA LUMPUR (Reuters): Datuk Seri Anwar Ibrahim said on Thursday (Feb 6) he was ready to wait for six more months beyond the initially agreed May deadline to take over as prime minister from Tun Dr Mahathir Mohamad, and that he had enough support in Parliament to do so.
TOKYO: Goldman Sachs Group Inc plans to enter the wealth management business in Japan, a person with knowledge of the matter said.