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PETALING JAYA: The movement control order (MCO) extension is expected to result in further cuts to market earnings and a near term downside for FBM KLCI.
PETALING JAYA: Soft loans, cash injection and grants are what the local airlines need immediately to pay salaries to their staff, service loans and aircraft leases to stay afloat during this turbulent times and not complex mergers.
KUALA LUMPUR: Malaysia is exploring the possibility of bailing out domestic airlines that have been hit hard by the coronavirus outbreak, according to people with knowledge of the matter.
NEW YORK: As the coronavirus roils markets, dealmakers are pulling out all their tricks to get transactions done.
China will continue to assert ‘prolific dominance’ in multiple areas this year, according to the Future Today Institute’s 2020 Tech Trends Report. Despite slowing growth in China’s economy, ‘it would be a mistake’ to assume the country has lost its influence, the report says.
HONG KONG: Companies are considering renegotiating previously announced mergers and acquisitions after the outbreak of the coronavirus, according to law firm Hogan Lovells.
On Jan 31 2020, the UK Crown Court published its judgment approving Airbus’ settlement with the UK Serious Fraud Office.
Amazon.com Inc said a shift by Japanese fans from compact discs to streaming is picking up speed, opening the door for its Prime brand in the world’s second-biggest market for music.
TESCO Plc agreed to sell its Asian businesses to Thai billionaire Dhanin Chearavanont for more than $10 billion, clinching a record deal in Thailand even as the coronavirus outbreak damps enthusiasm for mergers and acquisitions worldwide.
HONG KONG: Asia’s super rich suddenly have lots of time on their hands.