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Chinese steel futures slumped on Monday, falling around 3% amid concerns of regulatory disruptions after Premier Li Keqiang pledged to strengthen control of raw materials, though demand for industrial metals remains robust.
Asian shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccination efforts are making scant headway.
KUALA LUMPUR: The FBM KLCI remained in the red entering midday as profit-taking pressure continued to weigh on Axiata and Digi.
NEW DELHI, (Reuters) -Hundreds of thousands of Hindu devotees flocked on Monday to take a holy bath in India's Ganges river, even as the nation racked up the world's highest tally of new daily coronavirus infections.
HAINAN, China, April 12 (China Daily/ANN): Tower cranes lined up one after another at a building site near the coast, with construction equipment shuttling back and forth and structures rising from the ground.
KUALA LUMPUR: The ringgit opened flat against the US dollar on Monday amidst higher United States’ (US) bond yields and finicky crude oil prices.
The benchmark FBM KLCI is expected to trade higher next week, building on the stronger performance in the equities market, after bouncing off the critical level last week, said an analyst.
KUALA LUMPUR: The benchmark FBM KLCI is expected to trade higher next week, building on the stronger performance in the equities market, after bouncing off the critical level last week, said an analyst.
Look out Tesla, here comes XPeng.
China slapped a record 18 billion yuan (US$2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.