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Amazon in talks to buy autonomous vehicle startup Zoox
Amazon.com Inc is in talks to buy driverless vehicle startup Zoox Inc, according to people familiar with the matter, a deal that would accelerate the e-commerce giant’s automation efforts.
KLCI bounces higher as vaccine hopes rise and economies reopen
KUALA LUMPUR: The FBM KLCI bounced back to the 1,450 mark on its return from the Aidilfitri holidays, tracking Wall Street's performance as the US economy reopened and investors banked on vaccine trials.
Stocks rise on economic recovery and vaccine hopes
New York: U.S. stocks closed higher on Tuesday on optimism about the development of coronavirus vaccines and a revival of business activity, but the S&P 500 failed to hold above the key psychological level of 3,000 points.
Big investment mistakes in a global recession
AGAINST a highly challenging global economic outlook, a global recession looks imminent. The Malaysian economy is expected to see a contraction of -2% at its worst and growth of 0.5% at its best in 2020, compared with 4.3% in 2019.
Hong Kong tensions rattle world stock markets
NEW YORK/LONDON: Global equity markets fell on Friday as China's move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects.
Bank earnings a reality check for stock markets
Results of financial institutions reflect the state of real economy
Asia shares set to fall Friday as Sino-US strains hit confidence
WASHINGTON: Asian shares were set for another retreat on Friday as U.S.-China tensions curbed investor risk appetite and caused global equity markets to stumble.
Wall Street finishes down as US-China tensions weigh
NEW YORK: Wall Street ended lower on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions that raised doubts about the trade deal reached early this year between the world's two largest economies.
Asian stocks mixed amid China tension with US, Australia
HONG KONG (AP): Asian stock markets were mixed Thursday (May 21) after Wall Street rose despite Chinese trade tensions with Washington and Australia.