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PETALING JAYA: After hitting multi-year lows at the end of last year, stocks within the gaming sector are now seen as ideal for bottom-fishing.
Yields on German and French bonds reach new lows after her nomination to run the European Central Bank
NEW YORK: Chinese billionaire Wang Zhenhua was detained by Shanghai police, triggering an investor exodus from his real estate empire that erased more than $4 billion of market value and sent several of his companies’ dollar bonds tumbling.
Shanghai: Venturing beyond bonds from state-owned issuers in China often involves more than just assessing credit risk. Investors need to make a call on whether authorities will bail out the borrower.
WASHINGTON: U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.
THE US administration recently agreed to a ceasefire in the ongoing trade war with China and stated that additional tariffs will not be imposed. However, it is still too early to assume that trade tensions have subsided after the recent G20 truce, given past developments.
IT doesn’t seem to end. It now risks expanding to become a tech cold war as well.
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