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CASINO stocks rallied as the easing of some Chinese travel restrictions for Macau sparked optimism of a revival in the world’s largest gambling hub.
NEW YORK: Oil prices slipped about 1% on Monday after global coronavirus cases rose by a record daily amount, fanning fears of renewed government lockdowns, and on growing U.S. and European tension with China.
Analysts upgrade sector to ‘neutral’ from ‘underweight’
KUALA LUMPUR: AmInvestment Bank Research upgraded its outlook on the building materials sector to neutral from underweight previously as it forecasts a mixed recovery for the sector.
THE reopening of Genting Malaysia Bhd’s flagship Resorts World Genting (RWG) some three weeks ago has received good response from patrons, a sign that the gaming company is on the road to recovery, albeit early days.
NEW YORK/LONDON: Equity markets slid on Thursday after U.S. data raised worries about the economy's recovery and doused enthusiasm that drove a Chinese stock rally for an eighth straight day, while the dollar rebounded as new coronavirus cases hit another record.
NEW YORK: Oil prices settled little changed on Tuesday as demand concerns due to a new surge in coronavirus cases overshadowed U.S. government forecasts for lower production
NEW YORK/WASHINGTON: A U.S. court ordered the shutdown of the Dakota Accessoil pipeline on Monday over concerns about its potential environmental impact, a big win for the Native American tribes and green groups who fought the major pipeline's route across a crucial water supply for years.