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KUALA LUMPUR: Blue chips extended their decline in early Thursday trade in the absence of strong fund leads for investors but tech-related stocks offered some glimpse of opportunity.
GOLD prices were little changed on Wednesday amid cautious mood as investors awaited cues on the U.S. central bank's stance on monetary easing, while a drop in crude prices dented demand for safe-haven bullion.
KUALA LUMPUR: Plantations weighed on the FBM KLCI at the midday break on Wednesday as crude palm oil (CPO) futures shed their gains while oil and gas heavyweights slipped as prices fell.
TOKYO: Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
LONDON: Many of JPMorgan Chase & Co.’s clients are worried that the rise in bond yields threatens the stock market rally. For the broker and a number of major fund managers it’s actually a blessing.
HONG KONG stocks fell on Monday following clashes and protests over the weekend and as data showed China's economic slowdown deepened amid a bruising trade war with the United States.
SHANGHAI: China stocks started the week on a soft note, though losses were limited on easing Sino-U.S. trade frictions, while bleak economic data on Monday raised hopes that Beijing will dole out more stimulus to underpin the economy.
SHANGHAI: China stocks started the week on a mixed note after bleak economic data reinforced hopes Beijing will roll out more stimulus to underpin the economy and as investors pondered over the latest developments in the Sino-U.S. tariff war.
LONDON (Bloomberg): Traders rushed back into US equity funds and trimmed their haven exposure on optimism that global central bankers will shower markets with stimulus and boost economic growth.