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HONG KONG (AFP): Equities pared losses and oil prices sank Monday after presidents Joe Biden and Vladimir Putin agreed in principle to hold a summit to try to find a way out of the Ukraine crisis.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (Oct 19)
Indonesia's rupiah remained firm on Tuesday after the country's central bank held interest rates steady as expected, while other Asian currencies basked in the dollar's decline that was prompted by weak US data and improving risk sentiment.
SYDNEY: Asian shares pared early losses on Monday as data confirmed China's economy had bounced back last quarter as factory output jumped, helping partially offset recent disappointing news on U.S. consumer spending.
HONG KONG (AFP): Markets rose in Asia on Wednesday (Dec 16) thanks to US stimulus talks, Brexit hopes and vaccine rollouts, but a surge in virus cases and lockdown measures continued to cause a tug-of-war between long-term optimism and near-term pain.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously on expectation of the full month export report as well as the Palm and Lauric Oils Price Outlook Conference & Exhibition (POC) 2020, next week.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound with a downside bias next week in anticipation of weaker exports, said a dealer.
NEW YORK: World equity benchmarks reversed course after hitting a five-month peak on Monday while safe-haven U.S. government bonds and gold gained, as optimism about a global economic recovery was overtaken by renewed fears amid record numbers of new coronavirus cases in the U.S.
KUALA LUMPUR: Glove makers closed lower on Friday on profit taking but Public Bank helped the FBM KLCI pare its losses amid a cautious broader market.