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THE recent double-digit dip in glove ASPs (average selling prices) for Top Glove Corp Bhd is not likely to be mirrored by other glove makers, due to certain factors that are unique to the world’s largest glovemaker, say research analysts.
Although ‘easy money’ has been made, there are opportunities in global equities
Developers with strong balance sheets on acquisition drive, denoting optimism on market recovery
AMSTERDAM (Reuters) - Frenkie de Jong might have played in an energy-sapping 51 games for Barcelona over the last season but the Netherlands midfielder says he is raring to go for the European Championship.
Shares were mostly higher in Asia on Friday after the S&P 500 index notched another record high despite a surge in U.S. consumer prices in May.
South Korean President Moon Jae-in was set to depart Friday for the Group of Seven summit in Britain where talk of countering China could overshadow Seoul's efforts to be seen as a bigger player on issues such as climate change and the Covid-19 pandemic.
KUALA LUMPUR: The FBM KLCI broke below the 200-day simple moving average on Friday, en route to a third straight day of declines.
HONG KONG (AFP): Most Asian markets rose Friday (June 11) following a record lead from Wall Street as traders bought into the Federal Reserve narrative that surging US inflation was only temporary and the central bank was likely to maintain its ultra-loose monetary policies for some time.
Kerjaya Prospek Group and Gabungan AQRS are among the contractors least impacted by the lockdown, operating at 60% of productivity with most of its construction sites resuming work, according to UOB Kay Hian Malaysi Research.
BEIJING (Global Times): In a Thursday (June 10) report titled "China and Southeast Asian countries pledge greater vaccine cooperation as US influence wanes," the Australian Broadcasting Corporation (ABC) misinterpreted the Special Asean-China Foreign Ministers' Meeting held in China's Chongqing as a demonstration of Asean's "reliance on China-made vaccines."