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THIS a follow-up on my previous column on Nov 30 reviewing the world in 2019 and assessing its outlook for 2020.
SINGAPORE: Asian governments are starting to do their bit to revive economic growth as central banks gradually pull back on monetary policy easing.
NEW DELHI: Indian businesses are worried about repercussions should they criticise Prime Minister Narendra Modi’s administration, billionaire Rahul Bajaj said in a rare display of a corporate leader expressing reservations about the government publicly.
NEW YORK: Oil prices fell on Friday, with U.S. crude dropping more than 4%, on fresh trade tensions and record high U.S. crude production, but they still ended the month higher as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.
KUALA LUMPUR: Bursa Malaysia wrapped up the last trading day of November on a disappointing note on Friday as Tenaga Nasional slumped on a whopping tax bill of RM3.98bil.
NEW YORK: Oil fell more than $1 a barrel on Tuesday on concerns about excess global crude supply and limited progress toward resolving the U.S.-China trade dispute that has clouded the outlook for oil demand.
TOKYO: Japan's economy grew at the slowest pace in a year in the third quarter as the U.S.-China trade war and soft global demand knocked exports, keeping policymakers under pressure to ramp up fiscal and monetary stimulus to bolster a fragile recovery.
SYDNEY: Westpac Banking Corp is looking to raise A$2.5bil (US$1.73bil) from shareholders after reporting a 15% slide in full-year cash earnings, cutting its dividend for the first time in a decade and flagging weak trading conditions ahead.
KUALA LUMPUR: Lotte Chemical Titan Holdings Bhd's net profit for the third quarter ended Sept 30, 2019 fell by 57.9% to RM91.30mil from RM216.88mil a year ago due to higher tax expenses following under provision in prior year and no further reinvestment allowance.
Frankfurt: Chief executive officer Christian Sewing’s sweeping revamp of Deutsche Bank AG failed to arrest a slump in revenue, led by declines in one of its areas of traditional strength: fixed income trading.