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SYDNEY: U.S. equity futures sank with Asian shares and gold surged after the number of Covid-19 coronavirus cases outside of China increased and concern grew that global economic growth could take a more sustained hit.
LONDON (Reuters) - Aston Martin said on Wednesday it was putting on hold a planned entry into the World Endurance Championship (WEC) and Le Mans 24 Hours with its Valkyrie hypercar.
DUBAI/SINGAPORE: Business growth in Dubai stalled while jobs disappeared at the fastest pace in at least a decade in the latest signs of strain on the Middle East’s commercial hub. Operating conditions in Dubai’s non-oil private sector worsened in January for a third straight month to the lowest level in nearly four years, according to IHS Markit.
THIS is a nerve-wracking week for global investors with exposure to Chinese assets: the country’s markets are closed for the Lunar New Year, leaving them unable to hedge risks arising from the coronavirus epidemic.
SINGAPORE: Singapore Exchange Ltd. will acquire a majority stake in Scientific Beta Pte., an index provider for products enabling investors to track market themes, an increasingly significant trend in global fund management.
PETALING JAYA: London Stock Exchange-listed Symphony International Holdings Ltd has fully exited its investment in IHH Healthcare Bhd, which has provided Symphony with strong risk adjusted returns.
HONG KONG (Reuters): The "depth of the devastation"inflicted on Hong Kong's economy by more than six months of anti-government protests will be seen in the coming weeks, the chief of the city's stock exchange operator said on Thursday (Jan 9).
SINGAPORE: China has temporarily blocked a link between the Shanghai and London stock exchanges, Reuters reported.
NEW YORK: Even though the US stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere for better values in the year ahead.
PARIS: Pan-European stock market operator Euronext and Switzerland’s SIX sparked a bidding war for Spain’s BME, with both trying to snap up one of Europe’s last standalone stock exchanges.