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Asian stocks up on hopes for vaccine and economies reopening
TOKYO (AP): Asian shares rose Tuesday (May 19) on optimism about a potential vaccine for the coronavirus after hopes for a US economic recovery in the second half of the year sent Wall Street into a rebound.
Dozens more cases revealed of students forced to give nude selfies to get loans
BEIJING: Details have been revealed of more than a hundred more cases of young women college students in China who were forced hand over naked selfies to ensure they would pay money back to loan sharks.
More economic challenges ahead
Moody’s has warned that although Malaysia’s budget deficit is expected to contain at 3.1% to 3.2%, its debts against gross domestic product (GDP) is seen as exceeding the “danger limit” of 55% this year.
France steps up monitoring of cash payments to fight 'low-cost terrorism'
PARIS (Reuters) - France will step up monitoring of cash payments, withdrawals and small bank accounts to better fight against the financing of terrorism, Finance Minister Michel Sapin said on Wednesday.
Stricter rules for moneylenders
LICENSED moneylenders face the prospects of tighter lending rules from late next year.
Insight - Peru's emerging consumer: Whoppers, alpacas at 10,000 feet
HUANCAYO, Peru (Reuters) - Between babies in blankets tied onto women's backs and boys in chullos, the traditional Andean stocking hat with earflaps, Joel Reyna and his girlfriend strode up to the glowing orange sign of one of the world's highest Burger Kings and did what was once unthinkable in Huancayo: they ordered a Whopper Jr.
Proton car dealers seek clarification
PETALING JAYA: Proton car dealers have welcomed Bank Negara Malaysia’s efforts to meet with banks to clarify its new guidelines for borrowers.
Don’t blame it on translations
IT seems that it is not just students or fresh graduates who have poor command of English. Those tasked with the defence of our country are no better.
Wall St bill could face further delay in Senate
WASHINGTON (Reuters) - The biggest rewrite of U.S. financial rules since the 1930s could face further delay in Congress, a congressional aide suggested on Monday, as backers had yet to secure votes needed to clear a final hurdle.
No margin for error in Wall St bill's final test
WASHINGTON (Reuters) - Democrats will have little margin for error this week as they push for final U.S. congressional approval of the most comprehensive rewrite of financial rules since the Great Depression.
