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PETALING JAYA: Public Bank Bhd’s first quarter results for the 2020 financial year (FY20) of RM1.33bil were largely within analysts estimates although it did show some effects from the Covid-19 pandemic.
AGAINST a highly challenging global economic outlook, a global recession looks imminent. The Malaysian economy is expected to see a contraction of -2% at its worst and growth of 0.5% at its best in 2020, compared with 4.3% in 2019.
CANBERRA: Prime Minister Scott Morrison has laid out his plans to reshape Australia’s post-coronavirus economy, saying improved job skills training will be essential for a changing labour market.
Country faces looming threat of credit rating downgrade
TOKYO: After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the eurozone and Japan are experimenting with some carrot, too.
WASHINGTON: U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House of Representatives and that Democrats have "no red lines."
How the Armed Forces Fund Board makes its investment decisions in challenging times such as these.
NONE of us in our generation have been trained for the current situation. There is no textbook answer on how to manage the Covid-19 pandemic with precision and certainty. The reality is that we are still learning how to cope with it every day.