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HONG KONG (AFP): Asian markets suffered steep losses Monday, tracking a selloff in New York after Donald Trump sparked fears of a renewed trade war with China over its role in the coronavirus pandemic.
KUALA LUMPUR: Foreign funds selling on Bursa Malaysia tapered to RM87.9mil last week during the holiday-shortened week, slowing down from RM1.13bil net selling a week earlier.
(Bloomberg) -- Sell in May and go away? The negative start to the month raises concern that the partial recovery in April is going to be about as good as it gets for risk assets.
(Bloomberg): As the coronavirus slowdown started to grip the U.S., the famed investor’s Berkshire Hathaway Inc. was building its massive cash pile to a record $137 billion by the end of March.
CEO speaks on company’s recent series of share disposals
REVIEW: The rebound on Bursa Malaysia resumed over the past week as investors pinned their hopes on the easing lockdowns in major global economies and the prospect of daily life returning to normalcy.
Equity market charting V-shaped trajectory despite lingering economic risks
NEW YORK: World equity benchmarks dipped on Thursday to close their best month in 11 years as a rebound in oil prices, encouraging early results from a COVID-19 treatment trial and expectations of more government stimulus helped ease the pain of February and March.
WASHINGTON/NEW YORK (Reuters) - The United States is "hopeful" the U.N. Security Council will extend an arms embargo on Iran before it expires in October, a top U.S. State Department envoy said on Thursday, despite a key Russian official signalling that Moscow opposed such a move.
SINGAPORE: Gold is heading for the biggest monthly gain since 2016, as top central banks ramp up stimulus to repair the economic damage inflicted by the coronavirus pandemic, boosting the metal’s allure as a store of value.