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Investors eye consumer discretionary stocks as US reopens
NEW YORK: Investors are taking a closer look at the market’s consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector’s hardest-hit names.
Curfews announced in LA, Philadelphia, Atlanta after anti-police riots
LOS ANGELES (AFP): Los Angeles, Philadelphia and Atlanta were among several US cities to announce curfews Saturday (May 30) in a bid to stem violent anti-police protests breaking out across America.
Biden staff donate to group that pays bail in riot-torn Minneapolis
WASHINGTON (Reuters) - Campaign staff for Democratic presidential candidate Joe Biden are advertising their donations to a group that pays bail fees in Minneapolis after the city's police jailed people protesting the killing of a black man by a white police officer.
Trump says protesters would have met 'vicious dogs' if White House fence breached
WASHINGTON (Reuters) - U.S. President Donald Trump on Saturday said demonstrators protesting the death of a black man who died after a white police officer knelt on his neck would have been "greeted with the most vicious dogs, and most ominous weapons, I have ever seen."
'I can't breathe' protests heat up as curfews imposed in several U.S. cities
MINNEAPOLIS (Reuters) - Civil unrest flared and curfews were imposed in several major U.S. cities on Saturday as demonstrators took to the streets to vent outrage at the death of a black man shown on video gasping for breath as a white Minneapolis policeman knelt on his neck.
Stocks rebound on relief at Trump's response to China over Hong Kong
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.
Factbox: 'I can't breathe' protests spread across America after Minneapolis killing
NEW YORK (Reuters) - Thousands of protesters stormed the security perimeter of Barclays Center in New York as protests spread across the United States over the killing of George Floyd, a Minneapolis black man who died after being pinned by the neck under a white police officer's knee.
HK security legislation ‘justified’
Editor’s note: The following is the full content of the retired judge’s open letter expressing his views on the proposed national security legislation for Hong Kong.IN Hong Kong there is a set of laws, inherited from the colonial government, dealing in a haphazard way with some of the complex issues involving national security. These can be found in Part I of the Crimes Ordinance, the Societies Ordinance and the Official Secrets Ordinance.
Eye On Stock: Lotte Chemical Titan
LOTTE Chemical Titan Holding Bhd (code: 5284) made a break above the 200-day simple moving average (SMA) on Thursday and sustained its rally into the end of the week.
Rally, heavy trading continue
REVIEW: The easing lockdowns in many countries and hopes for a vaccine discovery remain the focal point of investor-buying, which has been driving up market valuations in what appears to be a strong, sustained recovery.