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KUALA LUMPUR: Kenanga Investment Research expects consumer and retail companies to be relative beneficiaries from the RM250bil stimulus package to offset the impact of the Covid-19 coronavirus.
SYDNEY: Asian shares slipped on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks' best efforts
SYDNEY: Asian share markets looked set for a rocky start on Monday as U.S. stock futures took an early spill amid fears the global shutdown for the coronavirus could last for months, doing untold harm to economies.
NEW YORK: Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed.
AFTER all this is over, life with its different departments will not be the same again. What we go through is nothing compared with what happened in Wuhan, China, Bergamo, Italy or Spain.
The US dollar declined for four consecutive days, depreciating sharply by 3.37% to 99.352 largely after the Federal Reserve announced an open ended and unlimited quantitative easing (QE) in an attempt to support markets.
From PATRICK TEH of Ipoh.
KUALA LUMPUR: CSG-CIMB Equities Research reiterated its Add call for VS Industry with a lower target price of RM1.20, in line with its earnings cut, after the first half core net profit was below forecast.
TOKYO: Asian stocks rose on Friday as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.
PUMMELLED by the coronavirus, China Inc now faces another disruption: a global shortage of dollars.