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TOKYO: Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to extend its programmes aimed at easing corporate funding strains that expire early next year, as the coronavirus pandemic keeps the economic outlook highly uncertain.
BANGKOK: Thailand's central bank left its key interest rate unchanged at a record low on Wednesday and upgraded its GDP outlook slightly as Southeast Asia's second-largest economy showed some signs of recovery from the coronavirus jolt.
Worst is over for group on potential Covid-19 vaccine, says analyst
FRANKFURT: The Chinese economy made a relatively swift recovery after bottoming out in the first quarter of the year due to the Covid-19 pandemic, according to an article published by the European Central Bank (ECB) on Monday.
KUALA LUPUR: Malaysia Airlines is launching its domestic fair online on Wednesday and this eight-day fair will be until Sept 30 as the local tourism scene continues to show positive signs of revival and road to recovery.
KUALA LUMPUR: RHB Research is maintaining a Buy on Genting Malaysia as it believes the company has reached its inflection point, where almost all its facilities have re-opened, boosted by encouraging business recovery.
PETALING JAYA: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics.
BENGALURU: The Thai baht firmed to a three-week high yesterday, gaining along with most Asian currencies against a subdued dollar, while drawing relief from an anti-government protest passing off peacefully at the weekend.