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NEW YORK: Asian stocks were poised for gains on Wednesday as global markets moved with confidence that vaccinations and additional monetary and fiscal support from governments will drive economic growth.
NEW YORK: Wall Street showed signs of a Santa rally on Tuesday, with the Nasdaq closing at a record high, helped by optimism about a potential government stimulus to protect the economy from the coronavirus pandemic.
NEW YORK: Global stock indexes eased and the dollar rose on Friday amid continued concerns over the timing of more U.S. economic stimulus.
NEW YORK: Major averages closed on Thursday with a rebound from early lows as investors looked for signs of progress in fiscal stimulus talks to support the economy after labor market data showed a jump in jobless claims.
KUALA LUMPUR: Public Bank gave the FBM KLCI a big boost early Wednesday after its bonus plan while key Asian markets rose to fresh records, tracking the firm overnight close on Wall Street.
KUALA LUMPUR: Utilising Malaysian-based geospatial-artificial intelligence (Geo-AI) technologies, infrastructure and plantation companies have experienced an average cost savings of up to 40% and a stronger topline growth.
State-owned firm to supply LPG from January
NEW DELHI: India’s central bank will likely keep interest rates unchanged for a third straight meeting as inflation stays stubbornly high and signs appear of growth beginning to return to Asia’s third-largest economy.
They plan to acquire one or more South-East Asian companies
PETALING JAYA: It is important for some countries to open their borders to support trade and recovery, although the shape and nature of recovery among the individual Asean members remain uncertain and can vary by country, senior fellow at Yusof Ishak Institute (ISEAS) in Singapore Dr Jayant Menon told a webinar.