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S’pore, Malaysia to allow cross-border travel soon

Bloomberg Malaysia and Singapore said they will allow travel between the two countries on compassionate grounds or for family emergencies from May 17. The visits would be for death and critical illness reasons, the two sides said in a joint statement after a two-day visit by Malaysia Foreign Minister Hishammuddin Hussein to the city-state. The countries agreed on procedures and ...

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Canadian output on cusp of full recovery after 11th monthly gain

Bloomberg Canada’s economy continued its run of surprising strength at the start of the year, validating expectations that activity will soon return to pre-pandemic levels. Gross domestic product grew (GDP) 0.4% in February, Statistics Canada reported in Ottawa. A preliminary estimate shows momentum kept up in March with output expanding 0.9%, which would be the 11th-straight monthly gain in the GDP. ...

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US jobs recovery from Covid-19 crisis looks robust

Bloomberg The US economy probably notched up another bumper month of hiring in April, tallying with other reports that suggest growth momentum is building in the wake of the coronavirus crisis. Payrolls may have risen by 978,000, according to median estimate of economists, above the 916,000 gain in March, while unemployment is seen falling below 6%. The Labour Department report ...

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