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Indonesia: Loan growth plunges in H1 as pandemic dashes economy; Covid-19 total go past 115,000
JAKARTA, Aug. 4 (Xinhua): Indonesia's loan growth tumbled in the first semester this year along with a huge debt restructuring as the Covid-19 (coronavirus) pandemic nearly grounded business activities to a halt.
Oil slips as rise in coronavirus cases overshadows fuel demand recovery
MELBOURNE/SINGAPORE, Aug 4 (Reuters): Oil prices eased on Tuesday amid concerns that a fresh wave of Covid-19 infections around the world will see a pickup in fuel demand stalling amid tighter lockdowns - just as major producers ramp up output.
World shares hit five-month high; European shares, dollar falter
LONDON: European shares fell after opening higher, following a mixed bag of earnings results, while the dollar's rebound stalled as investors waited for progress in talks on government aid in the United States.
Golf: Rose still hungry and raring to go after turning 40
(Reuters) - Justin Rose says turning 40 last week gave him the opportunity to "press the reset button" after a disappointing year and the Briton is looking forward to challenging for seven majors over the next 11 months.
Proton sold 13,216 cars in July, highest in eight years
KUALA LUMPUR: Proton sold 13,216 cars in July this year, which was its highest since June 2012 as Malaysia recorded a rebound in car sales due to f tax free incentives and consumer demand.
Asian markets track Wall St surge, focus turns to Capitol Hill
HONG KONG (AFP): Asian stocks advanced Tuesday (Aug 4) following another record close on Wall Street, with investors cheered by forecast-beating US data and hopes for fresh stimulus for the world's top economy.
Job cuts hard to avoid for SIA amid Covid-19 pandemic, say experts
SINGAPORE (The Straits Times/ANN): Job cuts could be in the pipeline for Singapore Airlines (SIA), which is now overstaffed for current demand, experts said yesterday.
Cautious start for Bursa, trading volume at 2.3b shares
KUALA LUMPUR: Bursa Malaysia started Tuesday on a cautious note with the FBM KLCI slipping into the red, extending the battering by foreign funds the previous day while overall trading volume surged to 2.3 billion shares.
Trading ideas: Boustead, TDM, Unisem, Sunway REIT
KUALA LUMPUR: JF Apex Research expects Boustead Holdings Bhd, TDM Bhd, Unisem (M) Bhd and Sunway Real Estate Investment Trust (REIT) to be among the stocks to watch on Tuesday.
Ecuador registers 87,041 cases, 5,767 deaths of COVID-19
QUITO, Aug. 3 (Xinhua) -- The Ecuadorian Ministry of Public Health on Monday raised the total number of confirmed cases of COVID-19 to 87,041, with 5,767 deaths.
