Money & Finance
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Malaysia maintains stock trading amid coronavirus lockdown
The Malaysian government and Bursa Malaysia have reiterated that they will not suspend the local stock exchange despite the implementation of lockdown in the...
Economists: Global market is already in recession due to coronavirus pandemic
American and European economic experts said that the recession in global economy is already here considering the deepening impacts of the coronavirus disease 2019...
Gas station owner charged for $500M fraud scheme
The owner of a California-based gas station face charges for allegedly stealing around $500 million government funds to expand a biodiesel fraud scheme with...
Filipinos struggle amid coronavirus quarantine
Effective March 16, the Philippines’ largest island, Luzon, has been placed under “enhanced community quarantine” as the government grapples to contain the fast spreading...
Malaysians brace for economic and social impacts of lockdown
In Malaysia, more than 32 million people will be confined to their homes beginning March 18 as the government’s nationwide lockdown takes effect following...
Global stock markets stumble as coronavirus pandemic spreads
Not long enough after the 2008 global financial crisis, the world was rocked anew as the stock markets in different countries have plummeted due...
Japan and South Korea to continue discussions over export controls
During their marathon session last week, the governments of Japan and South Korea have both agreed to continue their talks about their ongoing trade...
Australia wards off recession through $11 billion stimulus package
The Government of Australia has recently unveiled a stimulus package worth $11.4 billion (A$17.6 billion) designed to curb recession due to the economic impact...
European banks allow delays in mortgage payments to soften coronavirus impact
In efforts to ease the economic blow of the Coronavirus Disease 2019 (COVID-19) in Europe, banks in Italy and the United Kingdom have announced...
Founder of India’s Yes Bank faces money laundering charges
The founder of one of India’s biggest financial institutions—Yes Bank, was arrested on Sunday by the financial crime detectives over money laundering allegations....
