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SYDNEY: A measure of Australian business conditions rose in July as the service sector rebounded from a national lockdown, but confidence was badly hit by a renewed outbreak of coronavirus in the second most populous state of Victoria.
NEW YORK: Some of New York’s largest employers say they plan to hire 100,000 “traditionally underserved” residents of the area within the next decade.
LAHORE: Garment workers supplying global fashion brands have been underpaid or not paid at all during the coronavirus crisis, with lost wages potentially amounting to nearly US$6bil, according to researchers.
NEW DELHI: The coronavirus pandemic is forcing India’s children out of school and into farms and factories to work, worsening a child-labour problem that was already one of the most dire in the world.
HONG KONG: Chinese private school operator New Oriental Education & Technology Group Inc has chosen three banks for a planned second listing in Hong Kong that could raise at least US$1bil, according to people familiar with the matter.
KUALA LUMPUR: The services sector revenue recorded negative growth of 24% in the second quarter of 2020 to RM335.6bil as compared with the same quarter of the previous year, said the Statistics Department
KUALA LUMPUR: SME Bank has introduced its SME Relief Programme (SRP) for businesses in the tourism, transportation, education and health sectors that are directly and indirectly affected by the Covid-19 pandemic.
Continued curbs on short selling and flexibility in share financing amidst bullish sentiments raise questions