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NEW YORK: A global stocks index rose on Tuesday and marked its largest quarterly gain since 2009 as investors continued to look for signs of an economic recovery while shrugging off data showing a rising number of COVID-19 cases.
KUALA LUMPUR, June 27 (Bernama): Bursa Malaysia is likely to continue to trade in a cautious mode next week on the back of weak external development, including the resurgence of Covid-19 in the United States, as well as bearish economic outlook on the local and global fronts.
COMPETITION is heating up between food delivery players in Malaysia as plans are afoot by restaurants to shrink and rationalise its store space due to the Covid-19 pandemic.
SINGAPORE: Asian stock markets ground higher on Friday, but are set to end a choppy week with only slight gains as surging coronavirus infections cast a shadow over encouraging economic data and checked hopes for a swift global recovery.
NEW YORK: Rising concerns about a surge in coronavirus infections sent global equities and oil prices lower on Wednesday and pushed investors into perceived safe havens such U.S. Treasuries and gold, which hovered near its highest level in eight years
WASHINGTON (Reuters) - The coronavirus pandemic is causing wider and deeper damage to economic activity than first thought, the International Monetary Fund said on Wednesday, prompting the institution to slash its 2020 global output forecasts further.
SHANGHAI: The Chinese yuan had a roller coaster ride on Tuesday over confusing comments by a senior White House aide over the fate of the U.S.-China trade deal.
BEIJING, June 23 (China Daily/ANN): President Xi Jinping called on China and the European Union to expand common interests and solve difficult issues during the process of cooperation and development and to build a bilateral comprehensive strategic partnership with global influence.
MORGAN Stanley is expecting a sustained rebound in Singapore’s stock market on an imminent recovery in domestic and global growth.
SEOUL/SINGAPORE, June 22 (Reuters): A firmer US dollar restrained gains across emerging Asian currencies on Monday, while worries about a second wave of coronavirus infections kept a lid on most stock markets, with Thailand and the Philippines in the red.