[ad_1] SINGAPORE / HONG KONG / BEIJING (Nov 5): They say talking is cheap. Tell that to Jack Ma. China’s brightest corporate star was just days away from seeing its Ant Group listing on the stock market in a record $ 37 billion deal when it decided to launch a …
Read More »Jack Ma’s Ant IPO Derailment Shows Chinese President Xi In Charge
[ad_1] (Nov 5): China’s move to abruptly halt the world’s largest stock market debut sends a clear message to global investors: Any financial opening will only be done on terms that benefit President Xi Jinping and the Communist Party. Lawmakers in Beijing shocked the investment world on Tuesday by suspending …
Read More »How billionaire Jack Ma fell to earth and took Ant’s mega IPO | Money
[ad_1] It was this speech that set off a chain of events that ultimately torpedoed the listing of Ant, the fintech titan that Jack Ma founded, according to interviews with government officials, company executives and investors. – Photo by Reuters BEIJING, November 5 – They say talking is cheap. Tell …
Read More »Mr DIY registers a 54% increase in its quarterly earnings and declares a dividend of 0.73 sen
[ad_1] KUALA LUMPUR (November 5): Mr DIY Group (M) Bhd’s net profit for the third quarter ended September 30, 2020 (3QFY20) rose 54.11% to RM113.45 million from RM73.62 million in the same quarter of last year. , since it registered higher average monthly sales per store. Following strong earnings growth, …
Read More »Penang Subdistrict 12 parents struggle to prepare for conditional MCO
[ad_1] BALIK PULAU: Parents in the Southwest Penang district here are struggling to prepare for the imposed conditional motion control order (MCO) that will begin on Friday (Nov 6). With schools, nurseries and kindergartens closing for two weeks, caregivers are caught up in the conundrum of working from home while …
Read More »PN hopes to get a new mandate
[ad_1] PUTRAJAYA: The Perikatan Nasional government hopes to obtain a new mandate from the people through general elections, says Prime Minister Tan Sri Muhyiddin Yassin. In a live interview with Bernama and local TV stations here yesterday ahead of tomorrow’s presentation of the Budget 2021, a first for the Perikatan …
Read More »US Election Day is Going Smoothly So Far, Defying Disruption Fears
[ad_1] DETROIT / ATLANTA (Reuters): Millions of Americans lined up patiently on Tuesday (Nov. 3) to cast their vote in libraries, schools and stadiums amid a deadly pandemic, in an orderly display of civic duty that belied the deep tensions that they made up one of the most polarizing presidential …
Read More »Reintroducing GST will require meticulous study first, says PM
[ad_1] The goods and services tax was introduced in April 2015 by the Najib administration. (Photo by Bernama) PUTRAJAYA: Prime Minister Muhyiddin Yassin said the government would study the proposal from various parties, including industry players, academics and members of the public, for the goods and services tax (GST) to …
Read More »Malaysia’s 2021 Budget Will Be Expansive To Support People And Revive The Economy: Muhyiddin
[ad_1] PUTRAJAYA: Malaysian Prime Minister Muhyiddin Yassin said on Wednesday (Nov 4) that the government will introduce an expansive budget to ensure people’s prosperity, business continuity and economic resilience amid the COVID-19 pandemic. . He said during a television interview that the first approach for the 2021 budget, which will …
Read More »The 2021 budget will be expansive to support people and jumpstart the economy, says Muhyiddin
[ad_1] PUTRAJAYA (Bernama): The government will embark on an expansive budget to ensure the prosperity, business continuity and economic resilience of the rakyat in these unprecedented times, says Tan Sri Muhyiddin Yassin. The Prime Minister said that the first focus in the 2021 Budget is to fight Covid-19 from a …
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