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SINGAPORE: Singapore’s government urged residents to consider ordering their groceries online rather than going to the shops. That just became tougher.
WASHINGTON/HOUSTON: The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market, officials said on Friday, as the U.S. scrambles to deal with a price crash so deep that regulators in Texas considered curbing production there for the first time in nearly 50 years.
SYDNEY: Asian shares staged a rare rally on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though the panicked rush into U.S. dollars suggested the crisis was far from done.
SYDNEY: Asian shares sought a reprieve on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though a panicked rush into U.S. dollars suggested the crisis was far from done.
NEW YORK: Crude prices suffered their biggest daily rout since the 1991 Gulf War on Monday as top producers Saudi Arabia and Russia began a price war that threatens to overwhelm global oil markets with supply.
LAST week was very eventful events as the Fed lowered interest rates and Bank of Canada cut rates 50 basis points, market volatility went up and there was a division in Opec.
Malaysia is raising tax revenue from its large informal economy. But how much can it reap?
KUALA LUMPUR: Former Renong Bhd managing director Datuk Mohd Zakhir Siddiqy Sidek has emerged as a substantial shareholder in Scomi Energy Services Bhd, a filing with Bursa Malaysia showed on Monday.
SOME serious trouble is brewing at Scomi Group Bhd after a falling out with the company’s two white knights.