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NEW YORK: A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington's special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.
WHILE millions of Americans were losing their jobs, the stock market in April produced its best monthly return in over 30 years.
BANGKOK (AP): Shares fell Friday (May 29) in Asia as investors awaited a news conference about China by President Donald Trump later in the day.
HONG KONG (AFP): Optimism over the reopening of major economies across the planet helped push most markets higher Thursday (May 28), as investors looked past building China-US tensions for now, though there remain worries about the uncertain global outlook.
THE deterioration of U.S.-China relations is fast and furious, with Washington throwing out accusations of unfair trade practices, unlawful technology transfer and an early cover-up of the coronavirus outbreak, which has claimed over 100,000 American lives.
HONG KONG (AFP): Optimism over the reopening of major economies across the planet continued to push equities higher Thursday (May 28), as investors looked past building China-US tensions for now, though there remain worries about the uncertain global outlook.
NEW YORK: U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.
TOKYO: Japan’s government is said to have increased the amount of bonds it plans to issue this fiscal year for the third time in under two months, seeking to fund its unprecedented economic stimulus.