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BENGALURU: Walt Disney Co's rapidly growing streaming video business and a partial recovery at its theme parks gave investors fresh hope on Thursday that the entertainment company had made it through the worst of the coronavirus pandemic.
Uncertainties in cruise industry more painful for Genting Hong Kong’s debt restructuring
Is a sale finally happening?LBS Bina Group Bhd has a long history with a development project in Zhuhai, China going back to 2002
CAMBODIA has taken a heavy hit from the economic crisis caused by the Covid-19 pandemic. Firms are staring at cancelled orders, causing job losses.
KUALA LUMPUR: Shares in Genting Bhd and Genting Malaysia fell in a knee-jerk reaction to news that its sister company, Genting Hong Kong Ltd has suspended all payments to creditors.
A cruise ship operator controlled by Malaysian tycoon Lim Kok Thay plunged as much as 33% in Hong Kong after the company suspended all payments to creditors.
NEW DELHI: Indian families, sitting on the world’s biggest private stash of gold, are rushing to borrow against their jewelry as the precious metal rallies to records and the coronavirus pandemic fuels an economic downturn. Now, financial firms and banks are using that demand to lure more customers from pawnbrokers and money lenders.
LONDON: Probably the best thing to say about world financial markets so far this year is simply that it has been quite a ride. If somehow you missed the coronavirus slamming the global economy like a wrecking ball, current market levels certainly do not reveal the wild swings that unprecedented events unleashed.