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NEW YORK/HONG KONG: China Evergrande Group, once China's top-selling property developer, inched closer to a key deadline where it risks a default on its bonds, but world markets were calmer as investors and analysts played down the threat of its troubles becoming the country's "Lehman moment."
HONG KONG: China Evergrande Group bondholders are about to find out if the property giant’s liquidity crisis is as dire as it appears.
ON the eve of Malaysia Day, I was delighted to share a few drinks and cigars with my two elderly sifus, Peter Khoo and TK Teo. Khoo, an accounting and tax practitioner and Teo, an experienced banker and corporate personality, have such great stories to tell with much wisdom imparted from their past experiences.
India's government has agreed to give US Tech giants access to its trove of farming data, in hopes big data can improve the nation's agriculture industry and food security.
PETALING JAYA: PKR MPs, state excos and assemblymen have been strongly urged to utilise their personal funds to assist Malaysians who are increasingly affected by the Covid-19 pandemic, says Datuk Seri Anwar Ibrahim.
PETALING JAYA: Prime Minister Datuk Seri Ismail Sabri Yaakob says the government will discuss the request for an automatic moratorium for repayment of bank loans to help ease the plight of the rakyat affected by the pandemic.
PETALING JAYA: Opposition leaders say they will take the time to study the offer of parliamentary and government administration reforms by the Prime Minister before deciding whether to formally accept the proposals.