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Wall St dives as shutdown worries overshadow vaccine hopes
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.
Asia stocks set for sluggish start after Wall Street declines
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.
Airlines buoyed by new vaccine hope but Asia markets struggle
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.
How accounting and finance professionals can stand out from the crowd
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).Â
Scientex aims to deliver 50,000 affordable homes over eight years
JOHOR BARU: Scientex Bhd is committed to continue building and delivering 50,000 units of affordable houses in Malaysia within the next eight years.
Wall Street beat: A dark winter and another tough year
WE ARE up against what Joe Biden is calling a dark winter.
Carlsberg presents opportunity for recovery play
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.
Vietnam’s first female central bank governor
HANOI: Vietnam’s National Assembly on Thursday ratified the appointment of Nguyen Thi Hong as new governor of the country’s central bank, selecting a woman for the top job for the first time in its seven-decade history.
Nasdaq surges as investors return to tech
NEW YORK: Tech pushed the Nasdaq to close sharply higher and oil prices extended their rally on Wednesday, as hopes of potential COVID-19 were tempered by spiking coronavirus infections and the looming threat of a new round of lockdowns.
