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After defeating the domestic Covid-19 epidemic, China’s focus is now shifted to restarting its virus-battered economy.
INVESTORS have been warned: the worst is yet to come.
While Malaysia will not be spared from the global growth contraction this year due to the Covid-19 pandemic, the central bank is confident that the Malaysian economy can weather the challenges.
NEW YORK: Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.
NEW YORK: Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes that a global deal to cut crude supply worldwide will emerge early next week.
LONDON/WASHINGTON (Reuters) - Carbon dioxide emissions could fall by the largest amount since World War Two this year as the coronavirus outbreak brings economies to a virtual standstill, according to the chair of a network of scientists providing benchmark emissions data.
PHNOM PENH (Xinhua): After two decades of strong performance, Cambodia's economic growth is expected to drop to 2.3 per cent in 2020 due to the Covid-19 pandemic, according to the Asian Development Bank (ADB)'s outlook report released on Friday (April 3).
KUALA LUMPUR: A downgrade on the country's banking sector is a global trend affecting many countries including in Asia Pacific and not only limited to Malaysia. KUALA LUMPUR: A downgrade on the country's banking sector is a global trend affecting many countries including in Asia Pacific and not only limited on Malaysia.
MANILA (Xinhua): The Philippine economic growth is projected to fall to 2.0 per cent in 2020 before a strong recovery to 6.5 per cent in 2021, assuming the Covid-19 outbreak is contained by June this year, according to a new report by the Asian Development Bank (ADB) released on Friday (April 3).
WUHAN, China (Reuters) - Volunteers in hazmat suits have been spraying Wuhan with disinfectant to help the Chinese city where the coronavirus first took hold get back to work as the number of new cases in China drops.