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JAKARTA (Reuters): ndonesia's economy contracted for the first time in over two decades in the second quarter, official data showed on Wednesday, with the government promising faster spending in the coming months to boost growth.
WASHINGTON (Reuters) - As coronavirus aid negotiations between top White House officials and Democratic leaders in the U.S. Congress bogged down over the past week, the question reverberating through near-empty Capitol hallways has been "Where's Mitch?"
US losses from coronavirus-related fraud and identity theft have reached nearly US$100mil (RM419.45mil) since the pandemic emerged in March, while complaints of Covid-19 scams have at least doubled in most states, a consumer protection group said on Tuesday.
GOLD rallied into record territory above $2,000 an ounce as investors assessed increased geopolitical risks and the prospect for further stimulus to combat fallout from the pandemic.
Germany's huge coronavirus rescue packages have won praise at home and abroad but single mothers are feeling like they're slipping through the cracks.
SINGAPORE (The Straits Times/ANN): The worst may be over for Singapore retail sales, with the reopening of shops and resumption of dining in for food and beverage outlets after the end of the circuit breaker period in June.
Silicon Valley giants used to snap up smaller tech firms at will, safe in the knowledge that antitrust regulators rarely prevented them from expanding into new industries.
HONG KONG: If ever there was a bad time to own the biggest developer in the world’s most expensive real estate market, this would be it.
HONG KONG: Banks' obligations to keep cash ‘ring-fenced’ within countries could reduce lending to Asian economies grappling with the fallout from the new Covid-19 coronavirus outbreak, a financial industry group said on Wednesday in a report.
WASHINGTON/LONDON/SYDNEY: Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday.