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SYDNEY: Asian shares crept ahead on Monday and oil prices hit a five-week high as more countries re-opened their economies stirring hopes the world was nearer to emerging from recession
NEW YORK:U.S. stocks gyrated on Friday before ending slightly higher, as investors worried about increased China-U.S. trade hostilities and disappointing retail sales figures, while signs of a pick-up in crude demand boosted oil prices.
How the Armed Forces Fund Board makes its investment decisions in challenging times such as these.
SHANGHAI: Kweichow Moutai, the iconic Chinese liquor giant, defied a global slump in alcohol demand by repeatedly hitting closing highs this week, as investors bet on a robust consumption recovery in China amid the pandemic.
TOKYO: Asian stocks struggled to extend gains on Friday and were on course to end the week lower as deteriorating U.S.-China relations undercut optimism over the reopening of major economies.
KUALA LUMPUR: Malaysia’s largest financial services group, Maybank, has been named as one of the World’s Best Banks 2020 by the Global Finance Magazine.
KUALA LUMPUR: Bursa Malaysia eked out slight gains on Thursday, thanks to gains in IHH Healthcare and Top Glove, but Key Asian markets were slammed by warnings from the US Federal Reserve and the WHO.
BEIJING/SHANGHAI: Chinese shares closed lower on Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the Covid-19.
SHANGHAI: Chinese shares closed higher on Wednesday, reversing course from small losses as a rally in healthcare stocks boosted the index, although gains were capped due to persisting concerns around a potential second wave of COVID-19 cases.
With the U.S. economy facing its potentially deepest economic decline in nearly a century, Wall Street is pulling further and further ahead from Main Street