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NEW YORK: World shares rose on Thursday after China's exports came in far stronger than expected, suggesting an economic recovery was under way, but the dollar fell from two-week highs as U.S. data showed millions more Americans joined the ranks of the unemployed.
NEW YORK: Jamie Dinan’s York Capital Management LP is seeking fresh money for its Asia strategy to take advantage of increased opportunities in the region, according to a person with knowledge of the matter.
SINGAPORE: Fears of a dreadful earnings season for Asian equities are turning into a reality.
KUALA LUMPUR: Blue chips closed Wednesday on a disappointing note as late selling of Tenaga Nasional, Public Bank and Petronas Gas sent the FBM KLCI skidding.
SYDNEY: Asian shares extended gains on Wednesday, as investors saw China's yuan fixing offering a modest olive branch to Washington amid a resurgence in trade tensions, while oil ended its winning streak on oversupply fears and weak demand.
EMERGING markets are likely to see another sell-off later this year, puncturing their recovery from the coronavirus pandemic and adding to losses that have already totaled $3 trillion, a survey has found.
CHINESE financial markets saw mild declines as the country caught up with the cautious shift in sentiment globally after an extended holiday.
NEW YORK: Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.
NEW YORK: A gauge of global stock markets rose on Tuesday, snapping a three-day losing streak, while oil prices soared as investors shrugged off grim economic data on hopes the easing of coronavirus lockdowns will jump start economies and revive fuel demand.