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KUALA LUMPUR: Bursa Malaysia’s FBM KLCI ended Tuesday, the first quarter of 2020, on a downbeat note as the Covid-19 ravaged global and Asian markets, which was worse than the 2008 Global Financial Crisis.
SYDNEY: Asian shares were closing out a calamitous quarter with a tentative rally on Tuesday (March 31) as factory data from China held out the hope of a rebound in activity, even as much of the rest of the world shut down.
SYDNEY/HONG KONG: Asian shares were set to close out a calamitous quarter by eking out a small rally on Tuesday as factory data from China held out the hope of a revival in activity, even as much of the rest of the world shut down.
PETALING JAYA: The local stock market has started the week in the red after a strong rally last week that saw the benchmark index, the FBM KLCI, surging more than 10% as the market anticipated the massive stimulus package by the government.
TOKYO: Softbank Group Corp fell as much as 10% after a satellite operator it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.
NEW YORK: Strategists at JPMorgan Chase & Co have concluded that most risk assets – a universe that typically includes stocks and credit – have seen their low points for the recession that’s gripped economies around the world.
NEW YORK: Cracks are appearing across the emerging market landscape like never before.
HONG KONG/SINGAPORE: Cracks are appearing across the emerging-market landscape like never before. As most nations brace for a likely surge in Covid-19 (coronavirus) outbreak cases, the signals from the developing world could hardly be more worrying for investors.
KUALA LUMPUR: Bursa Malaysia closed lower on Monday, snapping last week’s rally, in line with key Asian markets as investors worried about more countries imposing lockdowns.
HoONG KONG: Asian markets fell on Monday (March 30) following a steep drop on Wall Street as the jubilation from last week's enormous US stimulus package faded and investors returned their attention to the soaring infection and death rate of the coronavirus.