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NEW YORK: A gauge of global equity markets closed at a record high on Monday as technology shares took in stride a deal by the world's richest nations on a corporate tax aimed at U.S. tech heavyweights, and oil prices jumped to a two-year high.
The number of China's new investors grew in April at its slowest pace in 13 months, hit by a lack of upside momentum for the stock market and persistent worries over policy tightening.
NEW YORK: Oil prices rose on Monday on optimism over the pace of coronavirus vaccinations in the United States and after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites.
NEW YORK: The dollar fell slightly on Monday and a gauge of global equity markets slid from record highs last week as investors wait to see whether an expected jump in U.S. earnings will justify stock prices already trading at very high premiums.
Oil prices edged higher in rangebound trade on Monday on optimism about a rebound in the U.S. economy as vaccinations accelerate, but rising COVID-19 cases in other parts of the world kept a lid on prices.
KUALA LUMPUR: The local bourse finished firmer today amid a rangebound trade, with the key FBM KLCI settling 0.17% higher due to sustained buying on selected index-linked counters.
TOKYO, Dec. 15 (Xinhua) -- Japan's tourism ministry on Tuesday said it will broaden compensation payouts to businesses in the tourism industry to help them with losses associated with the suspension of the government subsidized travel campaign.
BENGALURU: The Thai baht firmed to a three-week high yesterday, gaining along with most Asian currencies against a subdued dollar, while drawing relief from an anti-government protest passing off peacefully at the weekend.
BANGKOK, Sept 21 (Reuters): The Thai baht firmed to a three-week high on Monday, gaining along with most Asian currencies against a subdued dollar, while drawing relief from an anti-government protest passing off peacefully at the weekend.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade rangebound with chances of correction next week, said a dealer.