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NEW YORK: Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.
NEW YORK: A gauge of global stock markets rose on Tuesday, snapping a three-day losing streak, while oil prices soared as investors shrugged off grim economic data on hopes the easing of coronavirus lockdowns will jump start economies and revive fuel demand.
BANGKOK (AP): Shares advanced in Asia early Tuesday (May 5) after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies.
This comes as coronavirus upends financial markets
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) will tactically increase its investments global to 30% by 2022, from its current global exposure of 8.5% as of end-2019 following the conclusion of its Mid-Term Review.
(Bloomberg) -- Sell in May and go away? The negative start to the month raises concern that the partial recovery in April is going to be about as good as it gets for risk assets.
NEW YORK: Wall Street took a nosedive on Friday on fears that the world's two largest economies could resume a trade war, dragging down a global stocks index on a day that many financial markets were closed for a holiday.
CEO speaks on company’s recent series of share disposals
THE dollar depreciated 1.26% to 99.11 largely due to the month-end rebalancing added with the dovish Federal Open Market Committee (FOMC) meeting after the Federal Reserve (Fed) opened the door for more monetary easing and dampened expectations for a quick economic recovery from the coronavirus crisis.
TOKYO: SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets.