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Clients pull more than US$400mil in May exodus
PETALING JAYA: As giant asset managers compete to get into China, which has the world’s largest pool of savings, Hong Kong-based Value Partners Group Ltd is well positioned to capture this opportunity.
TOKYO: Nomura Holdings Inc probably joined its Wall Street rivals in benefiting from a jump in trading during last quarter’s wild market swings, masking the challenge for its new chief as the coronavirus pandemic hammers the economy.
NEW YORK: Oil prices soared on Tuesday, as some European and Asian countries along with several U.S. states began to ease coronavirus lockdown measures
NEW YORK (Reuters): Oil prices soared higher on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several US states began to ease coronavirus lockdown measures.
HONG KONG: Equities and crude rallied on Tuesday (May 5) as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US and China that some fear could see them renew their trade war.
PETALING JAYA: Management changes appear to be taking place in Hexza Corp Bhd.
NEW YORK: Shares of Tesla Inc tumbled 9% on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker's high-flying stock was overly expensive.