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PETALING JAYA: The local bourse staged a technical rebound yesterday after having been oversold, in line with the performance of Asian markets after US markets recovered from a weak Wednesday opening.
BEIJING: Flagging demand dragged China's giant factory sector into its sharpest contraction in 6-1/2 years in September, a private survey showed on Wednesday, triggering a flight to safety in Asian markets that analysts say could extend across the globe.
CLOUDS of uncertainty returned to global stock markets yesterday after investors#8217; initial hopes for a short war in Iraq were dashed by US President George W. Bush#8217;s warning that the conflict could be more difficult and prolonged than anticipated.
RISING fears of imminent war against Iraq sparked selling in global stock markets yesterday, with many indices touching fresh lows.
KUALA LUMPUR: Despite the challenges and volatilities in global markets, fundraising through Malaysia’s capital market is expected to remain resilient in 2019.
WASHINGTON: The U.S. Federal Reserve kept interest rates unchanged on Wednesday and said it was "closely monitoring" global economic and financial developments, signaling it had accounted for a stock market selloff but wasn't ready to abandon a plan to tighten monetary policy this year.
NEW YORK: U.S. stocks fell on Tuesday as investors cashed in gains after driving the SP 500 index to its highest in four years, but the euro rallied against the dollar on hopes the European Central Bank will soon start buying Spanish and Italian bonds to contain the debt crisis.
SYDNEY: Global markets were on edge on Friday as dire U.S. economic data slammed Wall Street and pushed investors to bet the Federal Reserve could reverse its policy tightening before the end of this year.
NEW YORK: Global markets sold off for a second straight day on Monday, dragging the British pound to a 31-year low, while gold and safe-haven government debt rallied on Britain's shock vote last week to leave the European Union.