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HONG KONG: China stocks hit a one-week high on Wednesday on hopes that the U.S. Congress would pump trillions of dollars to support the world's largest economy during the Covid-19 coronavirus pandemic.
SHANGHAI: China stocks tracked broader Asia higher on Tuesday after the U.S. Federal Reserve rolled out a slew of support measures to ease a global cash crunch, although gains were capped due to a sharp rise in new coronavirus cases in China.
THE US Federal Reserve’s unprecedented bond buying program has thrown a lifeline to Asian equities as the dollar’s reversal eased concerns over capital flight from the region and fueled risk appetite.
KOTA KINABALU: Leaders from both sides of the political divide in Sabah have come forward to help those affected by the movement control order (MCO).
PETALING JAYA: Fear of uncertainty has caused markets all over the world to swing in a volatile manner.
TOKYO: SoftBank Group Corp said on Monday it is selling or monetising up to 4.5 trillion yen (US$41bil) in assets to buy back two trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years.
SEOUL/TOKYO: With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices.
SHANGHAI: China stocks on Monday closed at their lowest in more than a year as worldwide lockdowns and travel curbs to counter the coronavirus pandemic stoked fears of a global recession.
BENGALURU: Indian shares sank more than 12% by afternoon on Monday as trading resumed after the market's second halt this month, with investors caught in a selling frenzy as the coronavirus spread disrupted businesses and sent several states into lockdown.
A shortage of workers and restrictions on human contact because of the coronavirus pandemic is driving up demand for service robots in China, potentially boosting a sector that has struggled to scale up commercially.