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PETALING JAYA: The worsening global economy due to the coronavirus (Covid-19) and the oil price shock has sent a record high number of companies into the “crossover zone”, according to Moody’s Investors Service
SINGAPORE: Three central banks across Asia Pacific delivered surprise interest-rate decisions yesterday as policy makers take aggressive action to counter a worsening global economy.
SINGAPORE: Singapore’s economy unexpectedly contracted in the second quarter as exports continued to plunge amid a worsening global economy.
TOKYO: Japan's exports are expected to have fallen for a 10th straight month in July on lacklustre global demand and a strong yen, a Reuters poll showed on Friday.
GEORGE TOWN: The Northern Corridor Implementation Authority (NCIA) is confident of achieving its target of RM12bil in investments for the northern region this year, a 21% hike from its RM9.91bil achieved last year despite a worsening global economy.
SINGAPORE: World Trade Organisation (WTO) director-general Pascal Lamy has called for trade opening to continue as the global economic outlook worsens.