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NEW YORK: U.S. stocks closed steeply lower after a late-session sell-off on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments.
NEW YORK: Asian equities were set for a sluggish open on Wednesday, tracking a lower Wall Street session as concerns over rising coronavirus cases and fresh lockdowns dampened the euphoria from vaccine trial breakthroughs.
Hong Kong: Asian airlines rallied as hopes the world could begin to return to normal were boosted by news that another vaccine candidate appeared to be effective against the coronavirus.
CUTS to the GDP forecast in Malaysia as a result of the Covid-19 pandemic have impacted employment opportunities across all sectors with nearly 90,000 job losses reported so far this year, according to the Social Security Organisation (Socso).
JOHOR BARU: Scientex Bhd is committed to continue building and delivering 50,000 units of affordable houses in Malaysia within the next eight years.
WE ARE up against what Joe Biden is calling a dark winter.
KUALA LUMPUR: Kenanga Investment Bank Research believes Carlsberg Brewery Malaysia Bhd presents an opportunity to position for a recovery play, following its missed earnings expectations.