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REVIEW: The rally on Bursa Malaysia was at full throttle over the past week amid a pick-up in global sentinemt, led by Wall Street, as investors believed they had seen the worst of the coronavirus outbreak.
HONG KONG has become a centre of global attention again after China’s National People’s Congress (NPC) adopted a piece of new security legislation for this Asian financial centre to stop unduly demonstrations and violent riots that have hurt its economy and people’s livelihood.
AS expected, quarter one (Q1) results season was as disappointing as trying to catch a sunset on a cloudy day.
NEW YORK: Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up, after an author complained on social media about being unable to self-publish a book via the world's largest online retailer.
NEW YORK: The S&P 500 lost ground on Thursday as investors took profits in advance of Friday's jobs report, ending a four-day rally driven by rising economic sentiment. The Nasdaq joined the S&P 500 in negative territory, while the blue-chip Dow posted a nominal gain
NEW YORK: When it comes to US-China friction, Asia’s loss is becoming Latin America’s gain.
NEW YORK: Wall Street rallied broadly on Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic worries.
KUALA LUMPUR: Proton retained its position as the second most popular car brand by market share with recorded sales of 5,676 vehicles in May amid the challenges of the conditional movement control order (CMCO).
NEW YORK: Asian stocks were poised to follow the global rally on Wednesday as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other worries from the coronavirus to Hong Kong and growing U.S. civil unrest.