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OIL prices are signalling the need for an urgent increase in production from Opec+ and US shale companies as the global economy and oil demand recover more rapidly than expected from the pandemic.
SINGAPORE (The Straits Times/ANN): It is too early to say how the global corporate tax rule changes proposed by the Group of Seven (G-7) will impact Singapore, but the Republic's overall competitiveness has never been based on taxation alone, Finance Minister Lawrence Wong said on Tuesday (June 8).
HONG KONG (Xinhua): Hong Kong will continue to improve its business environment and competitiveness by maintaining its simple tax system and reducing the compliance burden on companies, an official said Monday (June 7).
SYDNEY: Australia’s economy expanded faster than economists forecast in the first three months of the year, driven by the private sector as firms boosted investment and households tapped their pandemic savings war chest.
EUROPEANS are in for a costly summer that will test central bankers’ resolve on stimulus as the region’s delayed economic recovery unleashes surging demand.
BEIJING: China’s economy kept up its solid recovery in May as manufacturing activities remained elevated, but the rising prices of raw materials are putting pressure on demand and deserve attention, according to officials and experts.
A strengthening world recovery from the Covid-19 pandemic risks leaving behind many regions, fuelling inequalities across and within borders, the Organisation for Economic Cooperation and Development (OECD) said.
PARIS (Reuters) -For Parisian Elie Ayache, the world felt a little more normal on Wednesday after the disruption of the COVID-19 pandemic: he was back at his favourite cafe, drinking his morning coffee and eating a croissant.
After the world missed out on a year of negotiations on climate change due to the Covid-19 pandemic, there is an added urgency for every country, including Malaysia, to get going on saving planet Earth.