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An unexpected disruption to the world’s global supply of crude oil sent investors on a flurry of speculation in the week’s opening gambit, taking the attention away from policy decisions by major central banks that had been slated to be the focus.
LYC HEALTHCARE Bhd (stock code: 0075) has continued to make strong advances since seeing a pick-up in buying interest on Sept 13.
MUMBAI: Indian stocks surged with the rupee while bonds slumped after the government unexpectedly slashed the corporate tax rate to boost economic growth.
TAIPEI: Foreign investors have piled into Taiwan’s markets this month, leaving its stocks tantalizingly close to last year’s high.
NEW YORK: The S&P 500 ended marginally higher on Wednesday after Federal Reserve policymakers cut interest rates by a quarter of a percentage point, as expected, but gave mixed signals about their next move.
NEW YORK: Bond bulls had a great August, as a ferocious rally drove yields in the world’s biggest markets to record lows. Now some investors say that’s as low as they’ll go.
KUALA LUMPUR: Foreign funds staged a solid comeback to Bursa Malaysia last week as they turned net buyers after eight straight weeks of selling, according to MIDF Research
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.
KUALA LUMPUR: Foreign funds staged a solid comeback to Bursa Malaysia last week as they turned net buyers after eight straight weeks of selling, according to MIDF Research.
NEW YORK: Energy stocks spiked while most of Wall Street fell on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a stumbling global economy.