lockdown

Dollar languishes near one-week low after consumer sentiment blow

The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks…

4 years ago

Malaysia c.bank slashes 2021 growth outlook on COVID-19 surge, lockdowns

Malaysia's economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed…

4 years ago

Kuwait’s economic makeover under threat as small businesses fight for life

Thousands of small and medium Kuwaiti businesses could go to the wall after being walloped by the pandemic, potentially torpedoing…

4 years ago

Australia’s NAB posts 10.3% rise in cash profit, upbeat on outlook

National Australia Bank Ltd (NAB.AX), the country's No. 3 lender, said on Thursday its third-quarter cash profit rose 10.3% as it…

4 years ago

Australia lowers bar on public companies’ disclosures, extends virtual AGMs

Australia on Tuesday eased so-called continuous disclosure laws for publicly listed companies, which will now protect companies and their officers…

4 years ago

Oil rises as market shrugs off virus impact

Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as rise of…

4 years ago

WeWork rival IWG ‘cautiously optimistic’ on year after H1 losses widen

Office rental firm IWG Plc (IWG.L) said on Tuesday it was cautiously optimistic about the rest of the fiscal year despite posting…

4 years ago

ING reports $2.5 bln pretax profit, plans dividends and buybacks

ING Groep NV (INGA.AS) on Friday reported a better-than-expected quarterly pretax profit of 2.07 billion euros ($2.45 billion) and said…

4 years ago

Merck KGaA raises outlook after forecast-beating Q2 profit

Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab…

4 years ago

China’s factory activity in July grows at slowest pace since Feb 2020

China's factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance…

4 years ago