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WHAT’S more important: a roof over your head or a car in your driveway? With unemployment rising as the coronavirus shuts down parts of the United States economy, the decision made by borrowers as their payments come due will determine how securities backed by auto loans and leases perform.
PETALING JAYA: The government’s pledge to expedite major infrastructure projects, including the East Coast Railway Link Project (ECRL) and the Mass Rapid Transit Line 2 (MRT2), has provided a much-needed certainty on project continuity following a power transition in early March
BOSTON/WASHINGTON: The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, but it has not yet directly helped large swaths of the real economy: companies, municipalities and other borrowers with less than perfect credit.
FACED with business shutdown at a time when the global demand for consumer electronics is affected by persisting headwinds, electronic manufacturing services (EMS) companies in Malaysia find themselves in a tight spot.
PETALING JAYA: Electronics manufacturing services (EMS) companies are likely to see further earnings declines following the extension of the government’s movement control order (MCO), which has halted production at their facilities.
KUALA LUMPUR: Electronics manufacturing services companies (EMS) are likely to see further earnings declines following the extension of the government's movement control order, which has halted production at their facilities.
HKMA mulls buying the greenback to rein in local currency
HONG KONG/SYDNEY: Australia's A$3 trillion ($1.72 trillion) pension industry was not consulted on the federal government's decision to allow the unemployed and sole traders early access to retirement savings and is now in urgent talks about the move, sources said.
THE oil glut of the last decade, which started in late 2014, had forced many oil and gas companies to relook their business strategies. This include the move to rationalise their then bloated manpower and operating expenses.
SIX years ago, newly married couple Tay Feng Huai and Goo Xin Yin, both UK-trained chemical engineers, decided to try their hands at starting a business.