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NEW YORK: Global equity markets rebounded on Monday on optimism the European Union would approve a recovery fund to help revive regional economies hit by the coronavirus, but worries about the pandemic's economic and human toll pushed gold prices higher.
PARIS: Former Nissan Motor Co Ltd Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic", driven as much by a lack of joint leadership than the COVID-19 pandemic.
KUALA LUMPUR: International investors disposed of RM637.20 million net of local equities from July 13-16 (Monday-Thursday), more than double the net outflow of RM270.01 million recorded last week.
DUBAI: Chinese state-owned pharmaceutical company Sinopharm has begun Phase III clinical trials of a COVID-19 vaccine in Abu Dhabi using up to 15,000 volunteers, the government in the capital of the United Arab Emirates said on Thursday.
TOKYO: Asian shares look set to continue a march upwards as optimism over a coronavirus vaccine carry weight over the ongoing spread of the disease and simmering U.S.-China tensions.
Jakarta: Indonesia's state oil company PT Pertamina produced its first successful batch of biodiesel made up of 100% palm oil (D100) in its Dumai refinery last week and is set to produce 1,000 barrels per day (bpd), the company said on Wednesday.
NEW YORK: World shares strode to four-month highs on Wednesday as hopes for a coronavirus vaccine offset rising U.S.-China tensions and also helped lift the euro and oil prices on improved sentiment.
KUALA LUMPUR: Pharmaniaga and Duopharma jumped in early Wednesday trade on news they will package Covid-19 vaccine when it is publicly available while glove makers came under profit taking after their sizzling rally.
ALTERNATIVE data has been a buzzword on Wall Street for years. Never has demand been greater than during the coronavirus era
CHINA bashing has become a bipartisan passion in the West, especially the United States. Whenever Trump is put in a corner, his tactic is to blame China! The latest being his wish to distract from his Administration’s failure to contain the disease, Covid-19 – such that America, despite having had months to prepare for it, now has the most Covid-19 cases and deaths in the world – far, far more than China.