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NEW YORK: U.S. stocks closed higher in a choppy session on Monday as hopes for a COVID-19 vaccine lifted economically sensitive sectors such as energy and industrials, but a pullback in megacap shares curbed gains on the S&P 500 and Nasdaq.
PETALING JAYA: MISC Bhd’s forecast earnings for its financial year 2020 (FY2020) has been cut after the company missed consensus estimates for the first nine-month period. Weaker tanker rates are also expected to weaken the earnings outlook.
NEW YORK: Bitcoin is quickly approaching the record highs that spurred a mania among investors almost three years ago that ended in a violent crash.
SEOUL: Big Hit Entertainment Co., the management label behind K-pop sensation BTS, debuted with a bang, but its dramatic crash after a pop on the first day of trading is causing South Korean regulators to seek safeguards for mom-and-pop investors.
LONDON: Last month, Savills listed the Bowden Park estate for £35 million ($46.4 million). The property includes a 15,900-square-foot, 18th century mansion set amid 22 acres of manicured gardens and 1,400 acres of farmland in Wiltshire, which is about a two-hour drive from central London.
IMMENDINGEN, Germany: As Tesla touts the cutting-edge nature of its new Full Self Driving software, rival Mercedes-Benz says it has developed a similar system but stops short of allowing members of the public to take it on urban roads.
HONG KONG: Li Ka-shing, Hong Kong’s richest man, is unwinding a bet he placed on oil more than three decades ago by paring his group’s stake in Husky Energy Inc, a Canadian asset dealing with mounting losses.
IMAGINE a beautiful beach where families are gathered on a clear day with blue skies. Different families are building sandcastles, whilst some are playing on the beach. No one is watching that a tsunami of different waves is approaching the shore.