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LONDON: Kering is seeing signs of a recovery led by online sales after pandemic-induced lockdowns hit the previously runaway demand for the Gucci owner’s fashions.
JAKARTA: Indonesia's central bank cut interest rates on Thursday for the fourth time this year, stepping up efforts to shore up Southeast Asia's largest economy amid the coronavirus pandemic after recently agreeing to buy more government bonds.
Best personal finance tip in this recession? Say “Good bye, Amazon” and “Hello, Vanguard.”
KUALA LUMPUR: Naza Italia, the official importer and distributor of Ferrari in Malaysia, has launched the highly anticipated Roma grand tourer (GT) in the country.
JAKARTA: Indonesia’s central bank has cut its benchmark rate for the third time this year and signalled it may ease further, as South-East Asia’s largest economy struggles to avoid a recession amid the broadening fallout of the coronavirus pandemic.
TAIPEI: Taiwan's economic growth in the first quarter is expected to have slowed to its weakest in nearly four years, a Reuters poll showed, as the impact of the coronavirus health crisis hits its key electronics exports, a Reuters poll showed.