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Breakfast briefing: Tuesday, March 22
NEW YORK: Oil prices rose about 1 percent on Monday after data showed crude inventories at the Cushing, Oklahoma delivery hub for U.S. futures fell for the first time since January, and ahead of the expiration of the U.S. front-month contract.
KUALA LUMPUR: Indonesia's benchmark-sized offering of five- and 10-year Islamic bonds will probably price around 3.7% to 4.8%, according to people familiar who asked not to be identified because the details aren’t public yet.
NEW YORK: Chinese brokerages rallied after policy makers loosened controls on margin lending, which helped fuel last year's stock-market boom.
PETALING JAYA : Call warrants linked to Pos Malaysia Bhd recorded gains of as much as 3,800% in volatile trading yesterday in a frenzy of speculation by punters despite no new developments from the company, say market observers.
PETALING JAYA: A massive inflow of funds from overseas into the local bond and stock markets in recent weeks is helping the ringgit regained some lost ground against major currencies after a dreadful 2015.
NEW YORK: Wall Street closed little changed on Monday as investors searched for fresh catalysts and showed concerns about fully-extended share prices after a five-week rally.
NEW YORK: Wall Street flip-flopped between meager losses and gains on Monday as investors sought fresh trading catalysts after a five-week rally that helped stocks recover from a rout this year.
SHANGHAI: The Shanghai Stock Exchange (SSE) said on Monday that it had for the first time de-listed a company for violating disclosure rules, as Beijing moves to restore the battered reputation of its stock markets.
NEW YORK: Wall Street was little changed on Monday as investors sought fresh catalysts for stocks to add to a five-week rally sparked by the central bank action, recovering oil prices and encouraging economic data.