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TOKYO: Asian shares were on the defensive on Friday after a series of surveys on factory output signaled a tough outlook for the region's manufacturers, though Japanese equities were a notable exception, logging their longest winning run in 54 years on a weaker yen.
TOKYO: Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due at 1330 GMT.
KUALA LUMPUR: A combination of external news and speculation over when the 13th general election (GE 13) will be held is making the market gyrate over the recent weeks.
BASEL, Switzerland: The global economy is recovering faster than expected, the world's leading central bankers say, though they see dangers from inflation and rising food prices in emerging markets.hr noshade size=-1 width=50%>
With the global economy recovering andmarket conditions improving steadily,particularly for the oil and gas sector, UMWHoldings' plan to revive the proposed initial public offering of the OG unit could just be timely.
A stronger economic recovery is expected to drive electricity consumption higher in the coming months. Analysts say that if indications from players in the manufacturing sector are true, the market could see industrial demand turn positive.