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‘Is that a typo?’ Australia recoils at record-low yields

SYDNEY: Australia is about to reach its last percentage point of interest-rate ammunition, dragging the country’s economy and markets deeper into the low-yield world that’s already engulfed many of its developed-world peers.

Brexit drama is the big issue for UK stocks

London: Uncertainty over Brexit remains the big shadow hanging over the outlook for UK equities in the second half of the year with some fund managers seeing opportunities to buy cheap stocks, while others urge caution.

China traders savor relief rally in stocks, yuan while it lasts

SINGAPORE: China investors can finally turn their focus elsewhere after a highly-anticipated meeting between Presidents Xi Jinping and Donald Trump showed some progress on trade.

Restarted US-China trade talks boost equity markets

KUALA LUMPUR: The local equity market rallied from the positive outcome of the meeting between the US and China over the weekend, leding hopes of a de-escalation of the trade war.

Fearing stock market rout, investors seek shelter in dependable dividends

LONDON: Defensive equity strategies focused on high payouts and steady earnings have gained in popularity this year as investors flock to safety, worried the biggest stock market rally in decades is about to come crashing down.

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Bursa, Asian markets close lower ahead of Trump-Xi meeting

KUALA LUMPUR: Bursa Malaysia joined key Asian markets to close in the red on Friday – the last trading day of the first half – on lack of fund support due to uncertainty ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping.

UK stock market another victim of Brexit

LONDON: Brexit has claimed another victim: the UK stock market. Three years after the referendum to leave the European Union, the nation’s equity market is shrinking faster than any other major venue globally, according to Citigroup Inc.

Blue chips inch slightly higher, no window dressing seen

KUALA LUMPUR: Blue chips eked out slight gains early Friday, the last trading day of the first half of 2019 in absence of any strong fund buying as eyes focused on the US-China trade talks.

US technology sector faces triple threat

UNCERTAINTY over the future of US-China economic relations has derailed the once high-flying global equity market, which rose almost 15% in the January-April period.