Sunday, 26 May 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

Malaysia's Islamist party PAS officially joins ruling coalition Perikatan Nasional: Source

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – Malaysia’s Islamist party PAS has formally joined Perikatan Nasional, making it the ruling coalition’s second component party after Prime Minister Muhyiddin Yassin’s Parti Pribumi Bersatu Malaysia, according to a source. A source confirmed that the coalition was registered with the Registrar of Societies (ROS) under the name Parti […]

U.S. regulator proposes scaling back personal information from trading database

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Friday said it would remove some personal information from a controversial trading database, bowing to pressure from the brokerage industry which has long warned the project would be vulnerable to hacks. Friday’s proposal, which is subject to a public consultation, seeks to limit the […]

U.S. regulator proposes scaling back personal information from trading database

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Friday said it would remove some personal information from a controversial trading database, bowing to pressure from the brokerage industry which has long warned the project would be vulnerable to hacks. Friday’s proposal, which is subject to a public consultation, seeks to limit the […]

Colombia unveils plan to boost foreign investment, multinational relocations

BOGOTA (Reuters) – Colombia’s government on Friday launched an effort to attract $11.5 billion in non-energy related foreign investment between now and 2022, in a bid to create jobs during the economic crisis caused by the coronavirus. The plan, which includes tax incentives and bureaucratic simplifications, is meant to encourage multinationals from the United States […]

Brazil posts biggest formal job gain for July since 2012

BRASILIA (Reuters) – Brazil posted its strongest July job growth in eight years, official figures showed on Friday, snapping four consecutive months of job losses as the country continued to relax the coronavirus-fighting lockdown measures from earlier in the year. The addition of a net 131,010 formal jobs in July was driven by industry and […]

Colombia unveils plan to boost foreign investment, multinational relocations

BOGOTA (Reuters) – Colombia’s government on Friday launched an effort to attract $11.5 billion in non-energy related foreign investment between now and 2022, in a bid to create jobs during the economic crisis caused by the coronavirus. The plan, which includes tax incentives and bureaucratic simplifications, is meant to encourage multinationals from the United States […]

UK economy rebounding for now, as public borrowing mounts

LONDON (Reuters) – Britain’s economic recovery from the shock of the COVID-19 pandemic has gathered pace, data showed on Friday, but government borrowing rose past the 2 trillion pound ($2.6 trillion) mark and fears of future job losses are mounting. Retail sales rose above pre-pandemic levels in July, the first full month for many shops […]

UK economy recovering, for now, as public borrowing mounts

LONDON (Reuters) – Britain’s economic recovery from the shock of the COVID-19 pandemic has gathered pace, data showed on Friday, but government borrowing rose past the 2 trillion pound ($2.64 trillion) mark and fears of future job losses are mounting. Retail sales rose above pre-pandemic levels in July and August’s Purchasing Managers’ Index data showed […]

Capital exited stock markets as S&P hit new record: BOFA

LONDON (Reuters) – The largest outflow in 15 weeks from U.S. equity funds occurred during the same week the S&P 500 hit a new record high, analysts at BOFA have estimated citing financial flow data. About $7.8 billion was yanked out of the stock market during the week which ended on August 19 BofA said, […]