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Wall Street falls as coronavirus shreds US payrolls
NEW YORK: Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, intensifying fears of a deep economic slowdown.
Bursa Malaysia sentiment boosted by surging oil prices
KUALA LUMPUR: Bursa Malaysia edged higher on Friday as growing hopes that a deal would be struck between major oil producers Saudi Arabia and Russia boosted sentiment for equities.
Stocks climb on oil price surge despite grim US jobs data
NEW YORK: U.S. stocks rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns.
Virus masks, apps: The race is on to avoid hidden Covid-19 carriers
The worldwide race to protect people against unwitting coronavirus carriers intensified on April 2, pitting governments against each other in the race to buy protective gear and prompting new questions about who should wear masks, get temperature checks or even be permitted to go outside.
Asian stocks mixed as economic toll of virus worsens
BEIJING (AP): Asian stocks were mixed Thursday (April 2) after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak's global economic cost increased.
Wall Street dives 4% as virus pandemic fears intensify
New York: Wall Street's three major indexes fell more than 4% on Wednesday, after President Donald Trump's dire warning on the U.S. death toll from the coronavirus sent investors running from even the most defensive equities.
Bursa slips in early trade as Covid-19 fears persist
KUALA LUMPUR: Bursa Malaysia tracked global sentiment lower as Wall Street wrapped up its worst first quarter on record.
Trading ideas: Scicom MSC, Eversendai, mTouche
KUALA LUMPUR: Stocks to watch on Wednesday include Scicom MSC Bhd, Eversendai Corp Bhd and mTouche Technology Bhd, according to JF Apex Research.
Dow sinks, virus pushes it to sharpest quarterly plunge in 33 years
NEW YORK: Wall Street's three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of massive economic damage from the coronavirus pandemic.
Trading ideas: LBS Bina, SCGM
KUALA LUMPUR: JF Apex Research expects LBS Bina Group Bhd and SCGM Bhd to be among the stocks to watch on Tuesday.