KUALA LUMPUR: Hard hit by the COVID-19 pandemic, Malaysia's gross domestic product fell by 17.1 per cent in the second quarter of 2020. According to the Department of Statistics, this was Malaysia’s worst performance since the height of the Asian financial crisis in 1998. Central bank governor ...
Thai Airways International shares were suspended by the bourse on Friday after auditors declined to sign off on its financial statements for the six months to Jun 30.
Amazon.com Inc said on Friday it will launch an online pharmacy in India that will serve the city of Bengaluru, the latest move by the e-commerce giant to widen its reach in a key growth market.
Alphabet Inc's Google will stop responding directly to data requests from Hong Kong authorities, the Washington Post reported on Friday, citing an unnamed person familiar with the matter.
SHANGHAI: China's commerce ministry said on Friday it will launch a digital currency pilot program in some cities. These cities include those in the northern Chinese region of Beijing-Tianjin-Hebei, eastern region of Yangtze River Delta, "Greater Bay Area" around the Pearl River Delta, and some ...
BEIJING: China's peer-to-peer (P2P) online lending platforms still have more than 800 billion yuan (US$115 billion) unpaid to investors and their numbers have shrunk to just 29 across the country, the head of China's banking and insurance regulator said on Friday. A regulatory crackdown amid a ...
China's retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world's second-largest economy failed to shake off wariness about the coronavirus, while the recovery in the factory sector struggled to gain momentum.
Top U.S. and Chinese trade officials are expected to recommit to a Phase 1 trade deal during a review on Saturday, even though China's promised purchases of U.S. exports are far behind schedule.
SINGAPORE: The National Wages Council (NWC) will meet again later this month to review the wages and employment guidelines it issued in March and will aim to release updated guidelines by September, as the impact of the COVID-19 pandemic on Singapore’s labour market continues to evolve ...
Apple Inc and Alphabet Inc's Google on Thursday removed popular video game "Fortnite" from their app stores for violating the companies' in-app payment guidelines, prompting developer Epic Games to file federal antitrust lawsuits challenging the two companies' rules.
