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BRUSSELS: While the United States rushes toward a blockbuster fiscal stimulus package to accelerate its recovery from the coronavirus crisis, much of Europe is pootling along in the slow lane.
LONDON: Junk-rated companies owned by private equity firms are tapping environmental, social and governance (ESG) narratives to cut borrowing costs. Debt investors worry about being played.
SYDNEY: The bond market rout is starting to test the resolve of global central banks, and nowhere is that clearer than in Australia, where policymakers are struggling to defend their yield targets.
ATHENS (Reuters) - Before COVID-19, visits to Greece's paper-strewn labour offices were a ordeal of queues and case files, often for basic matters that in less than a year have moved online as the pandemic upended old administrative routines.
PHNOM PENH (The Phnom Penh Post/ANN): The US embassy has expressed appreciation of efforts by the Ministry of Labour and Vocational Training in handling complicated labour issues which have arisen in the wake of recent economic disruptions.
KUALA LUMPUR: Axiata Group Bhd, which posted a net loss of RM255.95mil in the fourth quarter ended Dec 31, 2020 (4Q20), has declared a second interim dividend of five sen per share.
TOKYO: SoftBank Group Corp plans to expand its investments in the biotech and health-care sector, opening up a new front in its growing asset management strategy, according to people familiar with the matter.
FEDERAL Reserve chairman Jerome Powell (pic) signalled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged US economy even as he voiced expectations for a return to more normal, improved activity later this year.