5y

S&P downgrades outlook on Spain’s debt

It credited the government’s stimulus measures that prevent an even deeper recession in the country

5y

China launches counter-mechanism to US sanctions list

This escalates the commercial fight with the Trump administration

5y

Ringgit set to rise in tandem with Asian peers

China’s better-than-expected economic data will bolster regional sentiment

5y

Bursa likely to be in cautious mode next week

Markets will see the release of August inflation data, FTSE Russell’s decision and Sabah polls

5y

Aussie newswire gets govt bailout

AAP relaunched as a non-profit earlier this year with just half of its workforce

5y

Dairy giant Fonterra posts huge profit after revamp

Its bumper annual profit puts the world's largest dairy exporter back in the black after two years of heavy losses

5y

US jobless claims decline only slightly as aid deadlock persists

New government aid package is stalled as lawmakers are unable to come to an agreement

5y

Ryanair bosses’ pay causes shareholder turbulence

CEO Michael O’Leary reportedly will get a bonus of RM2.23 million

5y

S. Africa’s economy to shrink 8.2% in 2020, says central bank

OECD says the country’s GDP is likely to plunge by 11.5%

5y

France blasts closure of Bridgestone plant

Japanese tyre maker under fire over decision that will cost 863 jobs

5y

Bank of England eyes negative interest rates

UK economy is battered by the coronavirus impact and Brexit headwinds

5y

Hitachi scraps plan for UK nuclear plant

Electronic giant cites deteriorating investment environment as reason for decision

5y

Zara owner Inditex back in profit as stores reopen

Strong online sales helps textile titan post higher-than-expected net profit