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JAKARTA: Indonesia aims to complete the first phase of construction of a $3 billion deep sea port on the northern coast of Java island by November, a senior minister said on Tuesday, after President Joko Widodo ordered an acceleration of the project.
BENGALURU: Gold prices slipped on Tuesday following a sharp drop the previous day, as the dollar hit multi-week highs ahead of U.S. Federal Reserve Chair Jerome Powell's appearance at a congressional committee.
KUALA LUMPUR: Shares in Sapura Energy Bhd fell in early trade Tuesday following its president and chief executive officer (CEO) Tan Sri Shahril Shamsuddin surprising retirement plan.
NEW YORK: Stocks across the world hit their lowest in seven weeks and other risk assets also sold off on Monday on concerns over renewed lockdown measures in Europe and Britain, as well as the United States' inability to agree on fiscal stimulus that would support millions of unemployed.
SDYNEY: Australian Prime Minister Scott Morrison says he is expecting to see a jobs bounce-back in the nation as its worst-hit state prepares for a cautious reopening.
Country banks on cash handouts to pandemic-hit citizens
JAKARTA: Indonesia’s palm oil exports increased in July on higher shipments to China and the Middle East, according to the Indonesian Palm Oil Association.
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AS companies restrategise their business models and operations, following the Covid-19 attack, a “green” recovery should be their top priority.
INFLATION is in focus during this relative light week for economic data. The Statistics Department is expected to announce the August consumer price index (CPI) on Wednesday.