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Asian shares hit 4-month high as US, China recoveries gather pace
TOKYO/NEW YORK: Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
Bursa closes on cautious note, Asian markets mostly higher
KUALA LUMPUR: Blue chips ended Friday on a cautious note on lack of strong fund buying as key Asian markets failed to provide the spark despite the easing of Mideast tensions between the US and Iran.
US investors reluctant to abandon cyclical plays
NEW YORK: Even as record highs last week in the major US stock indexes telegraph confidence on Wall Street, caution abounds in other US markets, where falling bond yields and flailing small-cap stocks indicate investors are torn about where to place bets.
Major averages close at record highs on dovish Fed hopes
NEW YORK: U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a more dovish turn as a raft of data provided more evidence of a slowing economy.
Ringgit firms; others lacklustre ahead of U.S. jobs data
THE ringgit climbed against the dollar on Friday, thanks to higher oil prices, however most other currencies were tepid ahead of the release of a U.S. jobs report later in the session.
Wall St. slips as energy drops, investors digest Fed comments
NEW YORK: U.S. stocks eased further from recent record highs on Thursday as energy shares dropped along with oil prices and investors continued to digest comments by Federal Reserve Chairman Jerome Powell.
KLCI tracks positive US jobs data, Wall St gains
KUALA LUMPUR: Gains in telco counters helped to give the local market a positive start on Monday even as global equities were cheered on by positive US economic data.
Ringgit higher against US$ amid improved oil price, softer dollar
KUALA LUMPUR: The ringgit rebounded from last week's downtrend to be higher against the US dollar early Monday amid an improved oil price and the softer greenback.
Asian shares struggle after US payrolls shock(Update)
TOKYO: Asian shares struggled for traction on Monday after U.S. employment data raised doubts about the strength of the global economy, while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound.
Asia stocks shudder as ECB reversal spooks markets(Update)
SYDNEY: Asian stocks shuddered lower on Friday after the European Central Bank slashed its growth forecasts and launched an emergency round of policy stimulus, leaving investors fearing the worst for the global economy.
