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NEW YORK: Asian markets were poised to follow Wall Street's firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of rising COVID-19 infections in the world's largest economy.
NEW YORK: A gauge of stocks across the world rose on Monday, led by a rebound on Wall Street, even as rising COVID-19 cases threaten to stall the recovery of the world's largest economy.
This is to fund coronavirus recovery in times of crisis
TOKYO: The Bank of Japan’s push to keep borrowing costs low to cushion the economic blow from the coronavirus is coming at the expense of the country’s lenders, which are already buckling under the strain of decades of ultra low interest rates.
SYDNEY: Asian share markets got off to a shaky start on Monday as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harbour bonds and the U.S. dollar.
PETALING JAYA: Planter United Malacca Bhd is expected to face headwinds ahead in its attempt to return to profitability, says Kenanga Research.
TODAY, the world’s financial rhythm remains American. The US dollar assumed the role of the world’s dominant reserve, payment and settlement currency after WWII. The country’s position as the sole financial superpower gives it extraordinary influence over the destinies of nations
RETAIL investors are filling the void left by institutions in Singapore’s equities market this year, Singapore Exchange Ltd. data show.
TOKYO: Bank of Japan (BOJ) Governor Haruhiko Kuroda said second-round effects of the coronavirus pandemic could hurt the Japanese economy "considerably", signalling the bank's readiness to ramp up stimulus measures again to cushion any blow from the crisis.