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PETALING JAYA: The latest warning by one of the Big Three rating agencies on Asia’s weakening credit conditions has also brought Malaysia under the microscope, particularly the country’s corporate debt default risk.
TOKYO: Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in China and concerns rose over supply after a U.S. move to cut more Venezuelan crude from the market.
MUMBAI: Indian mutual funds are carving out their investments in troubled Vodafone Idea Ltd’s debt into separate portfolios.
BEIJING: China’s Cobid-19 (coronavirus) outbreak has been met with a wide-ranging response from policy makers seeking to cushion the economy, support financial markets and bolster investor confidence.
PETALING JAYA: The four Tabung Haji hotels are not being shut down, but transferred to a new company, claims Datuk Seri Mujahid Yusof.
PETALING JAYA: Ports and logistics companies in Malaysia will feel the impact of the Covid-19 coronavirus should the effects of quarantine measures by China’s government prolong longer than expected.
DUBAI: Dubai plans to delist its port operator to help repay more than US$5bil of government-related debt.
DUBAI (Reuters) - Dubai's hospitality industry faces the biggest risk in the Gulf region from travel restrictions triggered by the coronavirus outbreak, analysts at ratings agency S&P Global said on Monday.
HONG KONG (AFP) - A gang of knife-wielding men jumped a delivery driver in Hong Kong and stole hundreds of toilet rolls, police said Monday, in a city wracked by shortages caused by coronavirus panic-buying.
TRAVIS AIR FORCE BASE, Calif./GENEVA (Reuters) - More than 300 American cruise liner passengers, including 14 who tested positive for coronavirus, were flown home to military bases in the United States after two weeks under quarantine off Japan.