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NEW YORK: Global equity markets surged on Thursday, with U.S. and European benchmark indexes hitting record highs, as the strongest manufacturing data around the world in decades and a drop in bond yields drove investor optimism.
PETALING JAYA: Financial software firm Censof Holdings Bhd has completed the acquisition of a 30.87% equity interest in Asian Business Software Solutions Pte Ltd (ABSS) for RM14.1mil.
KUALA LUMPUR: Bursa Malaysia rebounded on Thursday following yesterday's steep sell-off on the back of rising US bond yields and political uncertainties at home.
SYDNEY: Asian stocks were on the backfoot on Wednesday while the safe-haven dollar held near a one-year high as Treasury yields resumed their upward march, hitting sentiment even as Chinese data underpinned signs of a solid global economic recovery.
HONG KONG (AFP): Asian markets slipped Wednesday (March 31) following a soft lead from Wall Street, while focus turns to the US where Joe Biden is expected to unveil his latest multi-trillion-dollar recovery plan for the world's top economy
THE current worldwide trend is shifting from direct tax to indirect tax by decreasing direct tax rates and increasing value-added tax (VAT) as well as goods and services tax (GST) rates.
SHANGHAI: Efforts to promote new types of consumption will pick up momentum this year, as the number of supportive measures of the central government will likely increase, said experts.
HONG KONG: Asian bourses from Tokyo to Singapore are considering rule changes to allow listing of SPACs, but some industry players say the region may not attract the kind of frenzy, or the massive billions of dollars, seen in the US for such blank-cheque firms.