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NEW YORK: A gauge of global equity markets rebounded in a late-session rally on Tuesday after U.S. Federal Reserve Chair Jerome Powell calmed fears of rising interest rates that have roiled bonds and helped spur assets linked to expectations of a strong recovery.
SINGAPORE: Asian shares rebounded from two-week lows on Tuesday as rising commodity prices boosted market expectations of an improved growth outlook, a day after rising U.S. Treasury yields and inflation prospects hit U.S. tech shares.
KUALA LUMPUR: The FBM KLCI held on to its early lead as it entered the lunch break following a growth-inspired commodities rally.
KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday following the sell-off in the previous session as equities were buoyed by the surge in crude oil prices on ongoing supply disruptions and a stronger demand outlook.
THE emergence of Asia, led by China, as the economic power house of the post-Covid world has just entered another dimension: ESG dominance.
KUALA LUMPUR: The FBM KLCI fell into negative territory by the lunch break, dragged lower by glove and bank counters in the final week of the corporate earnings season.
KUALA LUMPUR: Foreign investors continued their selling on Bursa Malaysia last week, offloading RM466.42mil worth of equities against RM40.57mil in the preceding week, according to MIDF Research.
KUALA LUMPUR: Bursa Malaysia rose in early trade as news of the Covid-19 vaccine arriving in Malaysia helped to facilitate optimism over this year's expected recovery.
LONDON: HSBC Holdings Plc is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its centre of gravity.
NEW YORK/LONDON: Bitcoin hit a market capitalization of $1 trillion as it rose to yet another record high on Friday, countering analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices.