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BRUSSELS: European Union (EU) leaders agreed on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting yesterday after a fractious summit that lasted almost five days.
BEIJING: The coronavirus outbreak has hit global demand, but its impact on China's foreign trade is only temporary, the Commerce Ministry said on Thursday, adding that authorities would roll out more targeted support measures to stabilise supply chains.
BEIJING: China’s consumer prices rose the fastest in more than eight years last month, with the outbreak of the coronavirus and subsequent shutdowns of transport links across the country making further gains in the coming months likely.
The real impact of the attack on Saudi oil installations goes well beyond the temporary loss of 5% of global oil production: It strikes at the heart of the mechanism that’s guaranteed the security of the world’s crude supply for most of the past 50 years.
THE real impact of the attack on Saudi oil installations last weekend goes well beyond the temporary loss of 5% of global oil production: It strikes at the heart of the mechanism that’s guaranteed the security of the world’s crude supply for most of the past 50 years.
Christine Lagarde is still to be confirmed as the European Central Bank’s next president, but work is already piling up on her desk.
KUALA LUMPUR: FGV Holdings Bhd has posted its biggest quarterly loss ever in the three months to end-September after forensic investigations determined that it had overpaid for a plantation asset purchased in 2014, forcing the company to make a huge impairment charge on the acquisition in the current quarter.