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KUALA LUMPUR: Tenaga Nasional's recent rebound faltered at midday on Thursday as some funds were quick to take profit, sending shares of the power giant to a low of RM12.22.
THE US-China trade conflict and cracks in the global economy are herding investors to the safest parts of financial markets, pushing yields to multi-year lows and strengthening bets that the Federal Reserve will cut interest rates in 2019.
NEW YORK: US and world shares skidded further on Thursday and oil prices plunged more than 5% as investors worried the China-U.S. trade spat was turning into a technology cold war between the world's two largest economies, boosting the dollar and knocking benchmark government debt yields down.
NEW YORK: Foreigners purchased the most US Treasury securities in six months in February, suggesting some overseas appetite for low-risk government debt due to worries about a slowing US economy, the US Treasury Department released on Monday showed.
NEW YORK: The Federal Reserve’s big surprise could spell disaster for dollar bulls.
The ransomware attack crippling one of the world’s top aluminium makers is exposing how crucial sophisticated digital systems have become in the centuries-old industry of turning mined rock into metal products.
NEW YORK: U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach a trade agreement and weaker-than-expected construction data did not help their mood.
NEW YORK: Global stock indexes ended with mostly slight losses on Wednesday after U.S. Trade Representative Robert Lighthizer said it was too early to predict an outcome in U.S.-China trade talks, although a jump in oil prices lifted shares of energy companies
Alphabet Inc’s Google went into damage-control mode after a raft of major advertisers stopped spending money on YouTube over concerns that the video-sharing site can be used to forge networks of people engaged in exploitation of children.