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WELLINGTON: New Zealand’s government has proposed adding house prices to the central bank’s remit to rein in an overheating property market, prompting investors to reduce bets on lower interest rates. The local dollar jumped.
BEIJING: China has been ranked second in the world in terms of Internet development, after the United States, and has steadily maintained its upward trajectory, a new report said.
PARIS (Reuters) - Airlines are on course to lose a total US$157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
KUALA LUMPUR: Aneka Jaringan Holdings Bhd’s wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, has formed a joint venture (JV) company in the Philippines with Sunway Geotechnics (M) Sdn Bhd (SunGeo) and Pertama Crane & Engineering Sdn Bhd.
SYDNEY: Australia's two most populous states reopened their borders on Monday after more than four months, as Victoria stamped out a second coronavirus wave, raising prospects of a quicker return to normal and speedy economic recovery.
SINGAPORE: Sea Ltd, South-East Asia’s most valuable company, tumbled after reporting third-quarter financial results that showed signs of a slowdown in e-commerce growth
SINGAPORE: Sea Ltd., Southeast Asia’s most valuable company, tumbled after reporting third-quarter financial results that showed signs of a slowdown in e-commerce growth.
Hong Kong: Asian airlines rallied as hopes the world could begin to return to normal were boosted by news that another vaccine candidate appeared to be effective against the coronavirus.
WITH HOPES that their season in hell could be approaching an end, airline stocks are on a tear.