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BENGALURU: Foreign investors poured over $1 billion into Asian government and corporate bonds in September, more than doubling their investment in local currency debt from the previous month, attracted by higher yields and some signs of economic recovery.
SYDNEY: Asian markets advanced toward a recent 2-1/2-year peak on Monday powered by hopes of a U.S. fiscal package and expectations of a coronavirus vaccine by the end of this year, though gains were held back by weaker-than-expected Chinese economic data.
Ratings agency Moody's cut the United Kingdom's debt rating on Friday over the huge economic hit from the coronavirus crisis, Brexit and the lack of clear budget plans from Prime Minister Boris Johnson's government.
BANKS are putting the brakes on UK commercial real estate lending as the pandemic batters the economy and stokes fears about looming defaults.
WHEN the government allowed businesses to resume operations back in May following the imposition of the movement control order (MCO), many in the retail industry expected to see a recovery for the sector by the fourth quarter of this year.
THE Covid-19 pandemic has undoubtedly changed the outlook for the oil market.
AS the sole shareholder of the country’s national airline, Khazanah Nasional Bhd is on the brink of making a call on whether or not to provide another lifeline to Malaysia Airlines Bhd or simply skip out on the ailing carrier.
THE cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel bubble that wouldn’t require people to quarantine upon arrival.
SINGAPORE: The cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel bubble that wouldn’t require people to quarantine upon arrival.