Mexico's president Andres Manuel Lopez Obrador said he believes a Marshall Plan 'is needed'. — AFP pic
MEXICO CITY, April 6 — Mexican President Andres Manuel Lopez Obrador said today he would like to see some sort of “Marshall Plan” adopted to help emerging markets cope with the economic impact of the coronavirus outbreak. Speaking at a regular government news conference, Lopez Obrador said he had put forward the idea during a video call with BlackRock Chief Executive Larry Fink on Saturday.
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Wall Street Week Ahead: Investors look to coronavirus data to support stabilising markets | Malay MailNEW YORK, April 4 — Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread. Some point to signs that the worst of a...
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Oil prices decline US$3 a barrel as market remains uncertain on supply outlook | Malay MailNEW YORK, April 6 — Global benchmark oil prices traded as much as US$3 a barrel lower as the market opened for Monday’s trading session, reflecting fears of oversupply after Saudi Arabia and Russia postponed to Thursday a meeting about a potential pact to cut production. Late last week, prices...
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Positive market sentiment sets Bursa Malaysia higher at lunch break | Malay MailKUALA LUMPUR, April 6 — Bursa Malaysia ended the morning session higher supported by positive market sentiment due to opportunities in the market particularly in the oil and gas counters, according to an analyst. At 12.30pm, key index FTSE Bursa Malaysia KLCI (FBM KLCI) rose...
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Asian markets lifted by hopes on virus but oil in retreat | Malay MailHONG KONG, April 6 — Asian markets rose Monday as some of the world’s worst-hit countries reported falling death rates, providing some much-needed hope in the battle against the coronavirus, though oil prices were rocked after a meeting of top producers was delayed. While the disease continues...
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Italy’s doctors look for help from sleek new robots | Malay MailVARESE, April 5 — The shiny new robots gently check the pulses of highly infectious patients on life support in the Italian epicentre of Covid-19. The doctors and nurses love them because they also help save their own lives. Italians have seen the world around them turn unrecognisable from the...
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Navy readies Duterte’s yachtThe Philippine Navy said it has prepared a “feasible plan” to convert the presidential yacht into a floating quarantine facility as ordered by President Rodrigo Duterte. First to jump ship.... the President
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