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GOVERNMENTS globally have been undertaking pump-priming measures this year in a bid to lift their economies out of the Great Lockdown, the economic crisis caused by Covid-19.
KUALA LUMPUR: The ringgit opened little changed against the US dollar today, after closing broadly higher yesterday, on positive sentiment brought by the approval of Budget 2021.
Japan sails into uncharted territory by subsidising regional banks
Financial services sector to recruit workers
This can help country emerge from recession
ROME: The European Central Bank (ECB) should consider wiping out or holding forever the government debt it buys during the current crisis to help nations recover and restructure, a top Italian government official said.
SEOUL: South Korea's central bank kept its key policy rate steady on Thursday as the economy showed signs of recovery and concerns about rising household debt prevailed, even as the country faced a third wave of coronavirus infections.
SINGAPORE: Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the United States that’s hitting major Chinese applicants.