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HONG KONG wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington.
A more strategic and considered approach needed
Rome: Italy reopens to travellers from Europe on Wednesday, three months after the country went into coronavirus lockdown, with all hopes pinned on reviving the key tourism industry as the summer season begins.
PETALING JAYA: The long-awaited and much-sought-after 700MHz spectrum was dished out mid-last month to five telecoms players without any open tender process.
As the earnings season for the first quarter has just ended, the key focus this week will be April’s external trade figures.
NEW YORK: Investors are taking a closer look at the market’s consumer discretionary companies as a reopening US economy fuels hopes of a turnaround for some of the sector’s hardest-hit names.
NEW YORK: Investors are taking a closer look at the market’s consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector’s hardest-hit names.
PETALING JAYA: The effects of Covid-19 and the subsequent movement control order (MCO), especially in the second half of March, saw Star Media Group Bhd (SMG) posting weaker revenue for its first quarter (1Q 2020) financial results with revenue declining to RM65.8mil from RM82.57mil due to softness in the Malaysian economy.
PARIS: Renault SA plans to eliminate about 14,600 jobs worldwide and lower production capacity by almost a fifth as part of cost reductions aimed at outlasting the downturn that has rocked the global auto industry.
Developers have been using an overall headline price in the sale and purchase agreement (SPA) as opposed to the real price.