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Experts mull fiscal stimulus withdrawal
BEIJING: A mechanism to withdraw special fiscal stimulus measures smoothly and gradually in the post-pandemic period is needed to stabilise market expectations and minimise shocks from policy shifts, said fiscal management experts.
Cement producers in Vietnam face multiple problems
HO CHI MINH CITY (Vietnam News/ANN): Cement producers in Vietnam are facing a double challenge with domestic demand falling due to a slowdown in the property market and delays in transport infrastructure works and exports declining due to the Covid-19 epidemic.
Hundreds of Americans flown home from cruise ship, 14 with coronavirus
TRAVIS AIR FORCE BASE, Calif./GENEVA (Reuters) - More than 300 American cruise liner passengers, including 14 who tested positive for coronavirus, were flown home to military bases in the United States after two weeks under quarantine off Japan.
Global firms believe Covid-19's impact on China's economy will be limited
BEIJING (China Daily/ANN): The impact of the novel coronavirus (Covid-19) epidemic on China's economy will be temporary and will not change the fundamentals of the country's long-term economic growth, said executives of global companies on Tuesday (Feb 11).
Tax cuts in China poised to boost private businesses
SHU Wenbin is one of the millions of private business entrepreneurs in China set to benefit from large-scale tax cuts that take effect this month.
KLCI extends slide as China cuts growth target
KUALA LUMPUR: The FBM KLCI slipped further on Tuesday as China's cut in economic expansion plans weighed on global prospects.
China stepping up fiscal spending this year to support economy
BEIJING: China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said.
China says will step up fiscal spending this year to support economy
BEIJING: China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday.
China’s growth slows to 28-year low, more stimulus seen
BEIJING: China’s economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising US tariffs, dragging2018 growth to the lowest in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown.
Will there be a Chinese New Year rally on Bursa?
WITH lingering uncertainty and negative sentiment over the global economy, will there be a Chinese New Year (CNY) rally on Bursa Malaysia?