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NEW YORK: Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.
JAKARTA (Reuters) - Palm oil plantations in top palm producer Indonesia have imposed protocols to prevent the spread of coronavirus among workers but have no plans to reduce workers' hours or other activities, an industry body said on Friday.
NEW YORK: U.S. stocks rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns.
KUALA LUMPUR: Moody’s Investors Service has downgraded Malaysia’s banking sector outlook to negative from stable to reflect growing risks from the coronavirus (Covid-19) outbreak and broad economic deterioration.
KUALA LUMPUR: Moody's Investors Service has downgraded Malaysia’s banking system to negative from stable to reflect growing risks from coronavirus outbreak.
PETALING JAYA: Malaysians have flocked to online media outlets for news and information ever since the Movement Control Order (MCO) started on March 18 with The Star Online experiencing huge growth in traffic
THE fact that this question is being asked may come as a surprise to those who have witnessed stringent anti-cartel enforcement since the inception of the Competition Act 2010 (CA 2010).
MALAYSIA is no stranger to external shocks affecting its macroeconomy.
KUALA LUMPUR: Airlines may burn through US$61 billion (RM266 billion) of their cash reserves during the second quarter (Q2) of this year and post a quarterly net loss of US$39 billion (RM170 billion) if severe travel restrictions related to COVID-19 last for three months.
WASHINGTON: U.S Secretary of State Mike Pompeo held out the possibility on Tuesday that the United States may consider easing sanctions on Iran and other nations to help fight the coronavirus epidemic but gave no concrete sign it plans to do so.