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China central bank lowers lending benchmark
BEIJING: China's new benchmark lending rate, the one-year loan prime rate (LPR), dropped by 0.1 percentage point to 4.05 percent on Thursday, marking the latest measure of the central bank to lower financing costs for enterprises and support their production resumption amid the novel coronavirus outbreak.
China central bank lowers lending benchmark
Feb 20, China Daily/ANN -- China's new benchmark lending rate, the one-year loan prime rate (LPR), dropped by 0.1 percentage point to 4.05 percent on Thursday, marking the latest measure of the central bank to lower financing costs for enterprises and support their production resumption amid the novel coronavirus outbreak.
China cuts loan rate as it battles Covid-19 impact
BEIJING (AFP): China on Thursday (Feb 20) announced it would cut interest rates in a bid to boost the economy, as it battles the economic fallout of the new coronavirus outbreak.
Stimulus package should be practical and workable
A letter from TAN SRI RAMON NAVARATNAM, Chairman, ASLI Centre of Public Policy Studies
Mah Sing eyes minimum RM1.6bil sales this year
KUALA LUMPUR: Mah Sing Group Bhd is aiming for a minimum sales target of RM1.6bil for 2020 with a key focus on the affordable homes segment as around 84% of its target is from residential properties priced below RM700,000.
Affin Hwang cuts forecast on ELK-Desa
PETALING JAYA: Affin Hwang Capital Research has maintained its “buy” call on ELK-Desa Resources Bhd on its latest earnings coming in within expectations, but cut its earnings forecast for financial year 2020 (FY20)-FY22.
The dealmaker’s drive to create an Italian bank champion
MILAN: Carlo Messina may seem like an unlikely deal maker to kick off the inevitable wave of Italian bank mergers.
Nomura is making money from Asia investment banking
HONG KONG: Nomura Holdings Inc’s investment banking business in Asia is set to return to profit this fiscal year after more than a decade of losses since its Lehman Brothers Holdings Inc acquisition, according to its division chief.
China central bank sees limited impact to economy from Covid-19
HONG KONG: China's central bank said on Wednesday (Feb 19) the impact of the Covid-19 (coronavirus) outbreak on the economy will be limited as the epidemic has not changed the country's economic fundamentals.
Mah Sing launches Eazy to Own campaign, eyes RM1.6bil sales
KUALA LUMPUR (Bernama) -- Mah Sing Group Bhd today launched its ‘Eazy To Own’ sales campaign covering the group’s new and completed residential projects nationwide.