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Markets 08 Dec 2018 | 3:37 AM

Bursa to trade in narrow range next week, ringgit in positive mood

KUALA LUMPUR: Bursa Malaysia will likely continue to trade within a narrow range next week, hovering between the 1,680 and 1,700 levels, mainly driven by volatility in the external market. The ringgit is expected to trade in a positive mood next week following a great week for local bonds.

Economy 07 Jan 2019 | 12:00 AM

Recession jitters on falling global data

FALLING manufacturing data, especially in the two most powerful economies, is giving rise to recession jitters.

Business 02 Jul 2019 | 2:05 AM

Asian shares cautious as weak manufacturing data stoke growth worries

SHANGHAI: Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth, while the initial enthusiasm over a Sino-U.S. trade truce gave way to uncertainty over whether the two nations can strike a durable deal.

Economy 19 Sep 2018 | 4:38 AM

Asian firms’ confidence sinks to near 3-year low on trade war fears

JAKARTA: Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.

Corporate News 31 Jul 2018 | 11:46 PM

Apple earnings beat expectations as it sells pricier iPhones

NEW YORK: Apple Inc on Tuesday posted quarterly results that topped Wall Street targets and forecast revenue in the current quarter above expectations, driven by sales of higher-priced iPhones and revenue from services like the App Store, Apple Music and iCloud.

Economy 14 Nov 2019 | 7:00 AM

Eurozone bond yields fall

LONDON: Eurozone bond yields fell yesterday after US President Donald Trump threatened China with further tariffs if it fails to sign a trade deal, casting a shadow over the optimism that has hurt bond markets in recent weeks.Trump, on Tuesday, dangled the prospect of completing an initial trade deal with China “soon, ” but offered no new details on negotiations.

Economy 03 Nov 2018 | 12:00 AM

Treasury Pulse

THE dollar depreciated by 0.31% to 96.7 largely after improving risk appetite in the global markets added with weaker-than-expected October ISM Manufacturing PMI, which came in at 57.7 points (previous: 59.8 points; cons: 59 points), signalling a slowing momentum in the US economy.