Fallout from the coronavirus outbreak may finally lift the curse of the safe-haven yen for Japan but policymakers fear fiscal laxity could lead to a currency free-fall eventually, undermining efforts to cushion the economy from the pandemic.
SINGAPORE: The Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) are working with other government agencies to propose legislative amendments in relation to the conduct of meetings, which include general meetings and scheme meetings. “This is to ...
Alberto Mendoza figures he can make it a couple of weeks on unemployment benefits before starting to decide which bills won't get paid. The 26-year-old father of three lost his job training cooks when all the local restaurants started closing their doors and laying off staff.
KUALA LUMPUR: The rubber glove manufacturers association of Malaysia, the world's largest maker of medical gloves, on Wednesday (Mar 25) warned of a chronic shortage of gloves after a surge in demand from hospitals swamped with coronavirus patients. The Malaysian Rubber Gloves Manufacturers ...
The head of the European Central Bank Christine Lagarde asked euro zone finance ministers at a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of "coronabonds" to help fight the epidemic, two officials said.
China has begun buying US liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of US goods as part of the Sino-US Phase 1 trade deal, industry sources said.
South Korea's Kia Motors Corp is considering making face masks at its Chinese factory to help battle the spread of the coronavirus, a spokesman said on Wednesday.
SINGAPORE: Singapore is “only at the beginning of a very long fight” against COVID-19, said National Development Minister Lawrence Wong on Wednesday (Mar 25) as he warned that the outbreak could continue for “many more months until the end of the year and perhaps even beyond”. In an update...
Mexican senators are set to vote Tuesday on a proposal that would force streaming platforms like Netflix Inc and Amazon.com Inc to ensure national content makes up at least 30 per cent of their catalogs, a plan the industry argues would drive up costs and make it harder for...
REUTERS: Jack Dorsey-led Square Inc on Tuesday pulled its 2020 revenue forecast on uncertainty related to the coronavirus outbreak, a day after Twitter Inc, which is also headed by Dorsey, withdrew its full-year outlook. Square also lowered its revenue forecast for the first quarter. (Reporting ...
