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TOKYO: Asian stocks edged higher on Friday, thanks to gains on Wall Street, but the mood was cautious before a key U.S. job report that could help determine whether the Federal Reserve cuts interest rates further.
HONG KONG: Julius Baer is recommending Hong Kong’s battered stock market as investor appetite fades after five months of protests, saying "times of crisis” are usually an opportunity to invest.
KUALA LUMPUR: The local equity market is on a positive track, especially for the small and mid-cap stocks, despite the current sideways performance of the FTSE Bursa Malaysia KLCI (FBM KLCI).
PETALING JAYA: Tenaga Nasional Bhd’s (TNB) has entered into a deal to source its own supply of gas for its power plants, at lower market price compared with the regulated price
CGS-CIMB Equities Research is maintaining a “reduce” call on Telekom Malaysia (TM) with a target price of RM3.70 as it waits for the third quarter ended Sept 30 (3Q19) results in the midst of intense competition.
KUALA LUMPUR: The FBM KLCI embarked on a steady decline on Wednesday as weak US manufacturing data suggested that the US economy may be feeling the effects of the trade war.
SINGAPORE: Worries about a slowing U.S. economy and the possibility of further interest rate cuts in the wake of weak U.S. manufacturing data kept the dollar pinned down on Wednesday, as investors sought safety elsewhere
NEW YORK: Oil futures sank on Tuesday as weak U.S. economic data dimmed crude's demand outlook and pressured prices, while reports of a third-quarter decline in output from the world's largest oil producers kept oil from falling further.
TAIPEI: The Taiwan dollar is proving to be an unexpected beneficiary of the U.S.-China trade war.
TOKYO: Gold fell to its lowest in almost eight weeks Tuesday as the dollar continued to march higher and equities rallied.