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MELBOURNE/SINGAPORE: Oil prices rose on Thursday as renewed hopes for U.S. fiscal stimulus provided support but worries over rising infections hampering fuel demand could cap gains.
WASHINGTON: The Trump administration has proposed including a US$20bil extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over US$1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.
TOKYO: The Tokyo Stock Exchange suspended share trading for the full day on Thursday as a glitch in its electronic trading system caused the worst outage ever suffered by the world's third-largest stock market.
WASHINGTON: Asian equities were poised for a bouncy session on Thursday after U.S. stocks posted a second consecutive quarter of gains and safe-haven assets, including the dollar, were mixed.
NEW YORK: U.S. stocks closed solidly higher on Wednesday as government leaders continued talks for a new pandemic relief package and positive economic data helped the major indexes end the third quarter in positive territory.
KUALA LUMPUR: The FBM KLCI extended its gains as Chinese factory data offered the domestic market rebound some momentum going into the lunch break.
KUALA LUMPUR: The FBM KLCI bounced higher on Wednesday on the back of profit-taking in the previous session despite Wall Street's soft performance overnight.
NEW YORK: Wall Street closed lower on Tuesday, snapping a three-day winning streak as investors took money off the table hours before the first U.S. presidential debate.
NEW YORK: Oil prices fell over 3% on Tuesday to their lowest in two weeks on worries about the outlook for fuel demand as Europe and the United States grappled with a surge in new coronavirus infections.