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Asia shares make cautious gains, oil and gold jump
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
US stock market swings higher despite rising US-China tensions
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.
Opportunity in adversity
How the Armed Forces Fund Board makes its investment decisions in challenging times such as these.
Shares of liquor giant Kweichow Moutai surge on China recovery bets
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.
Asia shares struggle as Covid-19 strains US-China ties
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.
Maybank makes it to world's best banks list
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.
Bursa slightly higher but Fed’s grim forecast slams Asian markets
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.
China stocks end lower on concerns of delay in economic recovery
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.
China stocks end higher as healthcare firms gain; second wave fears weigh
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.
Resurgent Wall Street disconnected from reality on the ground
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