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KUALA LUMPUR (Bloomberg) -- Malaysia unveiled its biggest-ever budget to help the virus-ravaged economy get back on track for rapid growth.
LONDON/NEW YORK: Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of a COVID-19 vaccine triggered a rally in shares of companies that have suffered under months of virus-fueled restrictions and lockdowns.
emand is still likely to remain strong next year
PETALING JAYA: The automotive sector was among the biggest winners of the government stimulus plans, turning 2020 into a banner year for the segment, despite the unprecedented economic challenges following the Covid-19 pandemic.
KUALA LUMPUR: Affin Hwang Asset Management Bhd launched its world series Next Generation Technology Fund on Tuesday which will feed into a target fund managed by the world's largest asset manager BlackRock.
SHANGHAI: China stocks rebounded on Tuesday from their biggest pullback in three weeks in the previous session, while the blue-chip CSI300 index closed at its highest in nearly 13 years.
NEW YORK: Iron ore futures surged more than 10% and copper jumped to a record amid increasing bets they’ll be among the biggest winners from a commodities boom that’s stoking concerns about inflation around the world.
MUMBAI: Investors in India’s US$2.8 trillion (RM11.53 trillion) equity market are underestimating the economic impact from the world’s worst coronavirus outbreak, which will delay any recovery and could trigger a “correction” in stocks, according to the country’s top-performing fund manager.
Few things evoke fear in equity markets like a margin call. On Wednesday that fear turned into panic in Taiwan, offering another warning for the world on what can happen when leverage unwinds.