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NEW YORK: Oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.
NEW YORK: Treasuries investors are casting a wary eye abroad after a barrage of sloppy overseas data roiled the world’s biggest bond market.
TOKYO: The world’s biggest pension fund posted its second straight quarterly gain as overseas stocks and bonds generated returns even as most major currencies depreciated against the yen.
NEW YORK: US stocks showed signs of stabilising on Thursday, but gains were kept in check by conflicting comments on trade talks from President Donald Trump and Beijing that reinforced concerns about a potentially lengthy battle harming global growth.
BEIJING: China’s central bank said on Monday it will cut the reserve requirement ratios (RRRs) for small and medium-sized banks effective from May 15, in a targeted policy measure to help support companies struggling amid an economic slowdown.
SHANGHAI: Global financial markets tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal, saying he would hike U.S. tariffs on Chinese goods this week.
SHANGHAI: Asian equities tumbled, oil prices plunged and the safe-haven yen strengthened early on Monday as trade negotiations between China and the United States deteriorated suddenly, reversing apparent progress made in recent months.
WASHINGTON: President Donald Trump dramatically increased pressure on China to reach a trade deal by announcing on Sunday he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.
KUALA LUMPUR: International funds finally made their way into stocks listed on Bursa after five straight weeks of net selling.