Treasury Secretary Steven Mnuchin on Thursday laid out details of the Trump administration’s plan to send Americans relief money as part of a massive stimulus package to blunt the impact of the novel coronavirus crisis.
Mnuchin said in a Fox Business Network interview that the plan, which is being discussed...
Singapore -- Oil prices remained volatile Friday after a dramatic rebound from multi-year lows but stayed below $30 a barrel on fears the deadly coronavirus will push the world into recession with an oversupply.
US benchmark West Texas Intermediate (WTI) was up 2.22 percent to 25.78 in morning Asian trade.
Brent...
India is working on a set of policy measures to combat the economic impact of the fast-spreading coronavirus and that may include some cash transfers to workers in the informal sector, the country’s top economic advisor said.
The virus, which causes a respiratory disease known as COVID-19, has infected more than...
Lawmakers voted on Wednesday to liberalize New Zealand’s abortion law and allow unrestricted access during the first half of pregnancy, ending the country’s status as one of the few wealthy nations to limit the grounds for abortion during that period.
Members of Parliament also greatly loosened restrictions on abortions in...
The British pound has suffered a historic plunge to its lowest level since 1985 as concerns mount about the economy amid the coronavirus outbreak and as investors flock towards the dollar.
Sterling was last down four per cent against the dollar at $1.158, its lowest point since the economic turbulence...
Washington -- US President Donald Trump on Wednesday signed a $100-billion emergency aid package that ensures sick leave to Americans workers who fall ill from the new coronavirus, with more federal assistance in the pipeline.
The bipartisan House-passed measure easily cleared the Senate by a vote of 90 to eight...
KUALA LUMPUR – Former cabinet minister and UMNO Tuaran division chief Abdul Rahman Dahlan suggested that it is better to shut down the Kuala Lumpur Stock Exchange (KLSE) for time being especially during the control movement order.
According to news reported by The Nusantara Daily, Rahman Dahlan said that many...
KUALA LUMPUR: Malaysian based on-demand service provider Bungkusit has offered an extensive delivery service during the movement control order announced by the government.
Bungkusit offers services in the range of posting parcels, ordering food, picking up medicine from pharmacy, delivery of electronic items and others deem necessary within the delivery...
Manila-- CNN Philippines stopped broadcasting on Wednesday after a coronavirus case was confirmed in the building where the television channel is based, forcing it off the air while the offices are disinfected.
Viewers tuning in to the local franchise were met with the network's red logo on a blank screen...
KUALA LUMPUR -- In response to the Movement Control Order announced by the Malaysian government, McDonald’s Malaysia will be closing our doors for dine-in starting 18 March to 31 March 2020, stated GerbangAlaf Restaurants Sdn Bhd via a press release.
McDonald’s food and drinks will still be available across our...