Implementation key to stimulus

Experts: RM15bil Permai assistance must not see delays

Resolution on WCT’s Middle-Eastern project

PETALING JAYA: WCT Holdings Bhd’s long-drawn dispute over a Dubai racecourse project that dates back to more than a decade finally sees a resolution.

GM to invest US$800mil for EV output at Ontario plant

ONTARIO: General Motors Co (GM) will invest nearly US$800mil to bring production of the BrightDrop EV600 electric vehicle to its CAMI manufacturing plant in Ontario, Canada.

MCO throws spanner in recovery

But the economic impact could be less severe

Ringgit weakens to 4.0480 vs US dollar

KUALA LUMPUR: The ringgit finished 180 basis points (bps) easier against the US dollar today as investors adopted a cautious stance while waiting for Prime Minister Tan Sri Muhyiddin Yassin’s announcement on the implementation of the Movement Control Order (MCO).

Lockdown extended for Sydney’s northern beaches as cluster grows

SYDNEY: Australian authorities extended a lockdown for Sydney’s Northern Beaches until at least Dec. 30 as a cluster of Covid-19 infections continues to grow

Insight - Will London’s Oxford Street survive Covid?

China to get through the middle-income trapNew development philosophy to guide Asian behemoth

BEIJING: China is determined to evade the so-called “middle-income trap” and become a high-income economy in the next 15 years, with its “new development philosophy” guiding the way.

China’s economy set to remain on steady keel

BEIJING: China will maintain the consistency, stability and sustainability of its macro policies and strive to keep its economic performance within a reasonable range, premier Li Keqiang said on Tuesday.

China foreign minister pledges to uphold trade deal during Biden administration

WASHINGTON: Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China Business Council said.