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PETALING JAYA: The Institutional Investors Council Malaysia (IIC) said its investee companies should prioritise job preservation by adopting a “Jobs First” strategy in all its measures to ensure business sustainability.
KUALA LUMPUR: It is time for an expansionary fiscal policy to safeguard the people and the economy that have been affected by the novel coronavirus 2019 (COVID-19) pandemic, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said today.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has come up in full support for Bank Negara Malaysia’s proposed moratorium on payment of interest and principal for credit facilities for six months with effect from April 1.
PETALING JAYA: Banking stocks, which have seen sharp falls in their values, will continue to see volatility in trading on expectations of further policy easing by Bank Negara to address the impact of the Covid-19 pandemic.
Warnings of an imminent global recession have been ringing louder than before. With key economic data worldwide continuing to disappoint amid the novel coronavirus (Covid-19) outbreak, experts say the worst is yet to come.
GOING through the announcements on Bursa Malaysia daily in the last few days, the common information is about major shareholders seeing disposal of their shares or them nibbling into their battered down stocks.
MELBOURNE: Gold declined as investors rush to raise cash to cover losses in other markets amid a surge in volatility across assets, with global leaders striking a pessimistic tone over the likely economic impact of the coronavirus outbreak.
CONFIDENCE in the Indian financial system has been breaking down for some time. Instead of trying to restore trust, it may be time to require less of it - with the help of an official rupee cryptocurrency.