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Two days ago, Fitch Ratings downgraded the outlook of the largest company in Malaysia.
SYDNEY: Australia's coveted 'AAA' rating came under a cloud on Wednesday as the country's parliament returned to pass an emergency A$130 billion ($80 billion) stimulus package to help cushion the blow to the economy from the coronavirus pandemic.
PETALING JAYA: Rating agencies expect Malaysia’s sovereign credit ratings to remain intact as the government is set to undertake a mega spending spree to support the flailing economy
KUALA LUMPUR: The government could consider an extension for deferment of income tax instalments for all small and medium-sized enterprises (SMEs) until December 2020, Malaysian Rating Corporation (MARC) says.
TOKYO: The dollar was on track for its biggest weekly fall in more than a decade on Friday as a series of stimulus measures around the world, including a $2.2 trillion U.S. package, helped temper a rout in global markets triggered by the coronavirus pandemic.
PRESSURE is mounting on the Pakatan Harapan government to prove its mettle after the country recorded its worst growth rate since the Global Financial Crisis a decade ago.
MELBOURNE (Reuters) - Public support for Prime Minister Scott Morrison has slumped to its lowest levels amid widespread anger over his government's handling of Australia's bushfire crisis, according to a survey released by Newspoll on Monday.
PETALING JAYA: A weaker external trade performance and softer domestic demand growth will be among the main drags on the economy this year as Malaysian Rating Corp (MARC) sees gross domestic product (GDP) growing at 4.3%.
KUALA LUMPUR: Malaysia’s economy is expected to grow at a slower pace of 4.3% in 2020, below the government forecast of 4.8%, according to Malaysian Rating Corporation (MARC).
LONDON (Reuters) - Bahrain, Qatar and Oman's sovereign ratings would be the most vulnerable to a protracted and wider conflict in the Gulf region following the killing of Iran's top military commander Qassem Soleimani, S&P Global said on Monday.