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BENGALURU (Reuters) - Singapore Airlines Ltd (SIA) on Thursday posted a S$409 million (US$302 million) first-quarter loss, narrower than a year earlier, helped by a strong air cargo market and no major impairments.
KUALA LUMPUR: Blue chips ended Thursday on a disappointing note amid the record high Covid-19 infections, the impact of restrictions on the economy while a key barometer Public Bank fell below RM4 for the first time after the bonus issue.
Maybank AM launches All-China Focus Equity Fund
KUALA LUMPUR: The FBM KLCI looked set for another session of mild gains on Thursday as gains remained capped by the persistently high number of new Covid-19 infections in the country.
KUALA LUMPUR: Blue chips including consumer stocks and Bursa Malaysia advanced in early Thursday trade but the constant high Covid-19 infections may check gains as it delays the full opening up of the economy.
NEW YORK: U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
NEW YORK: China’s regulatory crackdown threatens to reverse a surge in underwriting fees for United States investment banks like Goldman Sachs Group Inc, Bank of America Corp and Morgan Stanley.
HONG KONG: A continuing recovery in bitcoin has put the largest cryptocurrency on course for its longest winning streak this year.
HONG KONG: China’s benchmark equity index fluctuated on the brink of a bear market yesterday despite efforts by state media to bolster investor confidence shaken by concerns over Beijing’s escalating regulatory crackdown.
HONG KONG: Chinese investors are turning against the nation’s technology giants, removing a pillar of support that helped the sector through previous market routs.