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PETALING JAYA: The current framework for special-purpose acquisition companies (SPACs) will be reviewed for greater efficiency, says the Securities Commission (SC).
THE U.S. Federal Reserve is likely to announce the tapering of its asset purchases in November and begin the process a month later, former Federal Reserve official Dennis Lockhart said on Thursday.
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NASA on Thursday postponed a planned launch of a Boeing CST-100 Starliner capsule to the International Space Station after the orbiting outpost was briefly thrown out of control by jet thrusters inadvertently activated on a newly docked Russian module, NASA said.
KUALA LUMPUR: The Covid-19 pandemic and tightening restrictions under the National Recovery Plan could see an increasing chance for Bank Negara Malaysia to cut the overnight policy rate by 25 basis points at its July 8 meeting.
LONDON: On some of the wealthiest streets in London’s West End, the amount of empty stores has almost doubled since the start of the pandemic.
CARBIS BAY, England: G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming.
GEORGE TOWN: Oriental Holdings Bhd (OHB) will continue to expand its automotive, plantation and retail pharmacy segments which will provide long-term income stream for the diversified group.
OSLO: Offshore drilling rig contractor Seadrill has filed for bankruptcy protection at a court in the U.S. state of Texas, it said on Wednesday, the second time in four years the company has entered into so-called Chapter 11 restructuring.