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KUALA LUMPUR: The government's Economic Action Council (EAC) has started work on post Covid-19 recovery plan and it is engaging various stakeholders to come up with a draft plan to be released in a couple of weeks.
KUALA LUMPUR: Bursa Malaysia Bhd has accelerated the release of a new feature on its Bursa Anywhere mobile application (App) to help Central Depository Services (CDS) account holders.
NEW YORK: Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies during the COVID-19 pandemic, while oil prices pulled back from an earlier surge.
PETALING JAYA: Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “A-”. The agency has however revised the outlook from “stable” to “negative”.
PETALING JAYA: The release of several official economic data for some of the world’s key economies next week, which includes the International Monetary Fund’s new global forecasts, will be closely monitored to gauge the impact of the coronavirus (Covid-19) pandemic.
WASHINGTON (Reuters) - The U.S. Federal Reserve on Thursday rolled out a broad, US$2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact as the country battles the coronavirus pandemic.
KUALA LUMPUR: The government is committed to resume its fiscal consolidation efforts once the economic conditions stabilise, finance minister Tengku Datuk Seri Zafrul Aziz said.
SHANGHAI: China and Hong Kong stocks firmed on Thursday, helped by hopes the coronavirus pandemic may be approaching a peak.