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The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments related to the global economy, the work place and the spread of the virus.
THERE seems to be some life returning to Suria Capital Holdings Bhd (code:6521) amid the negative pressure on the equities market, although the advance currently lacks conviction.
BLACKSTONE Group Inc expects to see plenty of investment opportunities once the current economic crisis abates – and is already taking steps to deploy capital on downtrodden assets.
GLOBAL financial markets have been subject to significant stress and volatility of late.
Analysts ‘overweight’ on Chinese equities as the market has the potential to outrun the region
KUALA LUMPUR: Power giant Tenaga Nasional weighed on the FBM KLCI early Friday, as investor mood in key Asian markets were subdued due to the inability to find a vaccine for the Covid-19 pandemic.
WASHINGTON: Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.
SINGAPORE: Singapore Exchange reported a 38% jump in quarterly net profit to a 13-year high on Friday, as equities and derivatives trading volume surged on extreme market volatility
NEW YORK: Most major stock markets edged up slightly in mixed markets on Thursday as investors weighed a rebound in oil prices and prospects for further government stimulus against stark economic data showing the toll of the coronavirus pandemic