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NEW YORK: A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington's special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.
BANGKOK (AP): Shares fell Friday (May 29) in Asia as investors awaited a news conference about China by President Donald Trump later in the day.
KUALA LUMPUR: Blue chips fell in early Friday trade as US-China tensions saw investors backing off and the FBM KLCI faced selling pressure.
NEW YORK: U.S. President Donald Trump is once again beating predecessor Barack Obama in stock market performance following a stunning recovery on Wall Street.
NEW YORK: A gauge of global equity markets climbed on Thursday on optimism for a speedy economic recovery and a massive stimulus plan in Europe helped lift regional stocksand the euro, while gold rebounded on a safety bid on deteriorating U.S.-China relations.
NEW YORK: U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.
HONG KONG: Hong Kong stock exchange’s boss called for confidence that the city will maintain its “undisputed” role as Asia’s financial nave, even as it battles the fallout from the coronavirus outbreak and political unrest.
THE Shanghai Stock Exchange is considering the first overhaul of its benchmark index in three decades so that it better reflects China’s increasingly high-tech economy, according to people familiar with the matter.
New York: U.S. stocks closed higher on Tuesday on optimism about the development of coronavirus vaccines and a revival of business activity, but the S&P 500 failed to hold above the key psychological level of 3,000 points.
HONG KONG: Hong Kong’s stock exchange, seen as one of the potential big winners from a bill last week by the United States Senate to limit listings of Chinese companies, Hong Kong Exchanges & Clearing Ltd (HKEX), now faces what could be an even more rocky year than 2019, when political unrest cooled trading and brought revenue growth to a near standstill.