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KUALA LUMPUR: Moody's Investors Service has downgraded the issuer rating of Sime Darby Plantation Bhd and its US$1.50bil debt notes but revised the outlook from negative to stable
KUALA LUMPUR: Foreign outflows from ringgit bonds might have totaled RM12.4bil in March, based on Bank Negara Malaysia’s annual report data, Maybank Investment Bank Research said.
TOKYO: Japanese Prime Minister Shinzo Abe will declare a state of emergency as early as Tuesday in a bid to stop the coronavirus spreading across the country, the Yomiuri newspaper reported, as the cumulative number of infections topped 1,000 in Tokyo alone.
PETALING JAYA: As the local property market endures one of its toughest periods in recent history amid the Covid-19 pandemic, the industrial sub-sector is seen as the most resilient to weather the uncertainties ahead.
(Bloomberg) -- The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week
After defeating the domestic Covid-19 epidemic, China’s focus is now shifted to restarting its virus-battered economy.
It is too early to gauge the economic fallout in all its entirety on the housing sector as a result of Covid-19 pandemic.
BEIJING/NEW YORK: Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed on Friday, as death tolls soared in the United States and western Europe while the world economy nosedived.
KUALA LUMPUR (Bloomberg) -- Oil palm planters in Malaysia, the world’s second-largest grower, warned that closing estates in its top-producing state may exacerbate the spread of the coronavirus by creating a flood of economic migrants, while tightening food supplies.