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KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) believes that ratifying the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will greatly contribute to Malaysia’s post-Covid-19 pandemic recovery.
BENGALURU: Emerging-market (EM) currencies are expected to rise a bit further in coming months as a sliding United States dollar offsets domestic worries about large economic imbalances stemming from the coronavirus pandemic, a Reuters poll showed.
HONG KONG shares ended lower on Thursday as Sino-U.S. tensions added to the existing woes about economic fallout, with U.S. Fed policymakers saying a rise in COVID-19 cases in the United States is slowing recovery in the world's largest economy.
LONDON: Oil prices rose to their highest since early March on Wednesday on data showing a big drop in U.S. crude inventories, and a weak dollar, but mounting Covid-19 coronavirus infections weighed on the demand outlook.
HONG KONG: If ever there was a bad time to own the biggest developer in the world’s most expensive real estate market, this would be it.
NEW YORK: Brent oil futures on Tuesday closed at their highest since early March on hopes the United States is making progress on a new economic stimulus package, as well as curbing the coronavirus spread.
NEW YORK: Wall Street ended higher after a choppy session on Tuesday, lifted by Apple and energy stocks but limited by declines in AIG and Microsoft while investors awaited more U.S. government stimulus to fight economic fallout from the COVID-19 pandemic.
LONDON: European shares fell after opening higher, following a mixed bag of earnings results, while the dollar's rebound stalled as investors waited for progress in talks on government aid in the United States.
SINGAPORE: A walk down Orchard Road shows just how badly the coronavirus pandemic has hit Singapore’s famed shopping strip.
NEW YORK/WASHINGTON: China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.