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The past two or three months have been very eventful ones for world markets and economies.
PETALING JAYA: European and Asian markets rallied, as investors ploughed into the market, after Spain’s request for a lifeline of 100 billion euros (RM399.66bil), with the major indices posting gains of up 3.58%.
KUALA LUMPUR: Composite insurer Zurich Insurance Malaysia Bhd continues to see opportunities in the outlook of both the global and Malaysian markets, as fundamental dynamics will continue to give the current market rally legs.
PETALING JAYA: The local bourse staged a technical rebound yesterday after having been oversold, in line with the performance of Asian markets after US markets recovered from a weak Wednesday opening.
CLOUDS of uncertainty returned to global stock markets yesterday after investors#8217; initial hopes for a short war in Iraq were dashed by US President George W. Bush#8217;s warning that the conflict could be more difficult and prolonged than anticipated.
RISING fears of imminent war against Iraq sparked selling in global stock markets yesterday, with many indices touching fresh lows.
KUALA LUMPUR: Despite the challenges and volatilities in global markets, fundraising through Malaysia’s capital market is expected to remain resilient in 2019.
NEW YORK: U.S. stocks fell on Tuesday as investors cashed in gains after driving the SP 500 index to its highest in four years, but the euro rallied against the dollar on hopes the European Central Bank will soon start buying Spanish and Italian bonds to contain the debt crisis.
SYDNEY: Global markets were on edge on Friday as dire U.S. economic data slammed Wall Street and pushed investors to bet the Federal Reserve could reverse its policy tightening before the end of this year.