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KUALA LUMPUR: Malaysian equities snapped two days of gains on Wednesday as investors turned cautious following the rally, pending further developments in the spread of the coronavirus pandemic.
KUALA LUMPUR: Uncertainties about bringing the Covid-19 coronavirus under control globally resurfaced again on Wednesday as investors in Malaysia and key Asian markets turned cautious.
NEW YORK: World stock markets rose on Tuesday led by gains in Europe and Asia as signs of progress in curbing the spread of the novel coronavirus fueled investors' appetite for risk, though a steep, late sell-off on Wall Street erased gains in U.S. stocks.
NEW YORK: The evaporation of a rally on Wall Street in the closing minutes of Tuesday's session shows that many investors fear the U.S. stock market is in danger of a renewed tumble due to uncertainty surrounding the coronavirus pandemic.
PETALING JAYA: The government’s latest RM10bil fiscal boost offers a short-term relief for small and medium enterprises (SMEs) amid the worsening cashflow constraints among many businesses in Malaysia
KUALA LUMPUR: Bursa and key Asian markets closed sharply higher on Tuesday as investor sentiment was reinforced by stimulus measures and a drop in new Covid-19 cases.
KUALA LUMPUR: Bursa Malaysia joined Asian markets to start Tuesday on a firm footing as investors’ risk appetite for equities was whetted by the overnight surge on Wall Street as deaths from the Covid-19 seemed to have declined.
GOLD surged, with futures leading the way higher to hit the highest level in more than seven years, as investors weighed the widening economic fall-out from the coronavirus pandemic and the prospects of more stimulus in top economies.
NEW YORK: World stock markets jumped on Monday, encouraged by slowdowns in coronavirus-related deaths and new cases in some global hot spots, while oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply.