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KUALA LUMPUR: Bursa Malaysia closed broadly lower on Tuesday, erasing the recent gains, as the US crude oil carnage sent key Asian and developing markets skidding.
SINGAPORE/WASHINGTON: U.S. crude oil bounced back into positive territory on Tuesday, after a historic plunge below zero that shocked investors and pushed down stock prices and Asian currencies
WASHINGTON: Asia shares were poised to track a Wall Street tumble on Tuesday after U.S. crude futures turned negative for the first time in history, crushed by a spectacular collapse in oil demand as the coronavirus pandemic derails the global economy.
NEW YORK: A historic plunge in U.S. crude oil prices pulled global equity markets lower on Monday and helped drive bond prices higher as investors sought out safe havens amid the economic carnage of the coronavirus pandemic
KUALA LUMPUR: Bursa Malaysia extended its gains early Monday, underpinned by KL Kepong and HLFG, while key Asian markets were treading cautiously.
SYDNEY: Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while U.S. crude prices took an early spill.
SINGAPORE: Temasek Holdings Pte denied speculation that Chief Executive Officer Ho Ching makes S$100mil (US$70mil) a year. "This claim is false,” the Singapore state investor said in a rare statement addressing the pay of the top executive, who’s also Prime Minister Lee Hsien Loong’s wife.