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NEW YORK: World stock markets dipped on Monday to close a record-breaking month as the prospect of a vaccine-driven economic recovery next year and further central bank stimulus measures eclipsed immediate concerns about the spiking coronavirus pandemic.
Tech stocks slowly gaining prominence in Singapore
SINGAPORE: Crude oil prices tumbled on Monday, as investors waited for a decision by producer group OPEC+ whether to extend large output cuts to balance global markets, but vaccine hopes helped keep benchmarks on track to rise more than a fifth in November.
KUALA LUMPUR: Bursa Malaysia eked out slight gains on Monday, the final trading day for November, amid the flurry of the July-September quarterly results which were mostly better sequentially.
THE good run on commodity prices is expected to continue into next year, but will it be really sustainable?
KUALA LUMPUR, Nov 29 (Bernama): The upward momentum of the ringgit versus the US dollar will likely to continue from Monday (Nov 30), riding on the weaker greenback bias, stable crude oil, and positive developments on the Covid-19 vaccines, dealers said.
NEW YORK: Stocks rose across the globe on Friday to close at a fresh high and remained on track for their strongest monthly performance on record but the Nasdaq outperformed on Wall Street and Treasury yields fell, indicating lingering concerns over rising coronavirus cases globally.
Storytellers from Asia have demonstrated resilience and creativity amid the disruptions brought about by the Covid-19 pandemic.
LONDON: Global stocks held near record highs on Thursday, as recent vaccine progress, Joe Biden's U.S. presidential election victory and hopes for further stimulus kept markets bullish. (US markets close for Thanks giving)