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KUALA LUMPUR: CGS-CIMB Equities Research is positive on Sime Darby’s possible listing of its 50:50 joint-venture healthcare unit, Ramsay Sime Darby Healthcare (RSDHC), which could raise at least RM500mil in 2021F.
BEIJING (China Daily/ANN): Senior officials pledged on Wednesday (Oct 21) to introduce more foreign participation in the nation's financial sector and keep the macroeconomic policy stable, contributing more to global economic and financial stability.
WASHINGTON: The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
The stronger-than-expected U.S. economic rebound from coronavirus lows could set up an early test for the Federal Reserve's new pledge to keep interest rates near zero and its increased tolerance for inflation.
NEW YORK: Tesla Inc on Wednesday reported its fifth consecutive quarterly profit on record revenue of US$8.8 billion, boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers.
NEW YORK/AMSTERDAM: Nearly two-thirds of U.S. states were in a danger zone of coronavirus spread and six, including election battleground Wisconsin, reported a record one-day increase in COVID-19 deaths on Wednesday while the pandemic's resurgence in Europe strained hospitals.
MEXICO CITY, Oct. 21 (Xinhua) -- Mexico is seeing slow recovery in employment levels after the gradual reopening of businesses that were closed due to the novel coronavirus (COVID-19) pandemic, the National Institute of Statistics and Geography (Inegi) reported on Wednesday.
NEW YORK, Oct. 21 (Xinhua) -- China's accelerating economic recovery from the COVID-19 pandemic could continue in the fourth quarter and provide encouraging insight into the post-COVID-19 economic picture, according to investment advisory experts.
CAIRO, Oct. 21 (Xinhua) -- Iran reported 5,616 new COVID-19 cases on Wednesday, raising the total confirmed number in the country to 545,286. Meanwhile, Iraq's tally rose to 438,265.
WASHINGTON, Oct. 21 (Xinhua) -- The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2 percent, calling it "the worst outcome for this region in living memory."