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Waning momentum in the economy may be buoyed by the US consumers as job growth continues to surge but downside risks remain.
SEOUL: South Korea's economic growth slowed more than expected in the third quarter, and though exports showed some signs of recovery the overall outlook was clouded by a domestic spending slump and intensifying global trade frictions.
SYDNEY: Australian construction spending slid to its lowest in almost three years last quarter as a deepening downturn in home building spread to other sectors and posed a downside risk to growth across the economy.
NEW YORK: Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.
TOKYO: Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the U.S. Treasury market in nearly three months.
KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMS), Bermaz Auto Bhd (BAuto), Dayang Enterprise Holdings Bhd and Lafarge Malaysia Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
KUALA LUMPUR: Foreign selling of Malaysian equities on Bursa Malaysia intensified to RM903.2mil last week, the highest attrition in 21 weeks, according to MIDF Research.
TOKYO: Asian shares stepped back on Tuesday after China cut its economic growth target and pledged measures to support the economy amid growing challenges from rising debt and a dispute over trade and technology with the United States.
NEW YORK: U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach a trade agreement and weaker-than-expected construction data did not help their mood.
WASHINGTON/BEIJING: U.S. Secretary of State Mike Pompeo said on Monday he thought the United States and China were "on the cusp" of a deal to end their trade war, adding to positive signs about negotiations from both sides of the Pacific.