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NEW YORK: Areas of the market shunned during the coronavirus crash are suddenly finding their mojo again.
SINGAPORE: All three of Singapore’s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fuelled economic slump.
TEXAS: Southwest Airlines Co raised about US$4bil by selling shares and convertible notes, stepping up a push to add liquidity as the coronavirus pandemic all but erases demand for flights.
NEW YORK: Shares of Tesla Inc tumbled 9% on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker's high-flying stock was overly expensive.
PETALING JAYA: Management changes appear to be taking place in Hexza Corp Bhd.
HONG KONG: Equities and crude rallied on Tuesday (May 5) as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US and China that some fear could see them renew their trade war.
NEW YORK (Reuters): Oil prices soared higher on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several US states began to ease coronavirus lockdown measures.
NEW YORK: Oil prices soared on Tuesday, as some European and Asian countries along with several U.S. states began to ease coronavirus lockdown measures
TOKYO: Nomura Holdings Inc probably joined its Wall Street rivals in benefiting from a jump in trading during last quarter’s wild market swings, masking the challenge for its new chief as the coronavirus pandemic hammers the economy.