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Technology stocks have largely been shielded from Beijing’s clampdown, as they are engaged in businesses that are underpinned by policy supportCut in banks’ reserve requirement ratio may further aid Chinese technology stocks trading onshore, according to brokerages
TORONTO: Canada's main stock market index moved above the 20,000 threshold for the first time on Tuesday, while the loonie notched a six-year high, with sentiment boosted by higher commodity prices and data showing strong growth in the domestic economy.
MALAYSIA registered a deflation in 2020, the first time it saw a decline in general prices in 51 years.
Inside a six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space is waiting to be filled with a precious metal that usually plays second fiddle to its more lustrous sibling.
FROM OSWALD TIMOTHY EDWARD , Faculty of Business and Management ,UiTM Johor
HONG KONG: Hong Kong private home prices rose 0.9% in February from the previous month, their fastest pace of growth since May, official data showed yesterday, supported by improved sentiment that new coronavirus vaccines will speed up the economic recovery.
JAKARTA (The Jakarta Post/ANN): Indonesia’s manufacturing growth slowed down in February after hitting a six-year high the previous month as flooding and the Covid-19 pandemic disrupted the sector.
NEW YORK: MSCI's gauge of stocks across the globe rose for a 10th straight session on Friday and hit another record high as investors anticipated new fiscal aid from Washington to help the U.S. economy recover, while benchmark U.S. Treasury yields rose to their highest levels since March.