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The economy is still too fragile to expect anything
CMCF comes up with rules to provide clarity
The discovery of two seemingly effective vaccines has raised hopes that the world will soon return to normal. For Europe’s banking system, however, this may not be an easy transition.
CHINA's economic rebound gathered pace in October, cementing the nation’s status as the only major economy tipped to grow this year and as a pillar of support for a faltering global recovery.
SYDNEY: National Australia Bank (NAB) has posted a 36.6% fall in annual profit, hurt by higher loan loss provisions for the Covid-19 pandemic, customer and payroll remediation, and higher wages.
LONDON: Britain’s financial watchdog said on Monday it would extend payment holidays on credit cards, car finance, personal loans and pawned goods before tougher coronavirus restrictions come into effect this week.
LONDON: Prime Minister Boris Johnson’s government prohibited overseas leisure travel from England as part of a partial lockdown of the country to curb a resurgence of the coronavirus, throwing airlines into a fresh crisis.
SINGAPORE: Whether it’s chartering a private jet for a flight to nowhere or hiring a luxury yacht, some in Singapore are going to extraordinary lengths to cure the cabin fever that’s set in as a result of the Covid-19 pandemic.