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SYDNEY: Australia’s two biggest share listings this year will highlight a polarised investment landscape: the strong, expanding allure of high-growth technology, versus entrenched demand for coal-linked assets that offer a steady stream of high dividends.
JAKARTA: An Indonesian graft court has sentenced businessman Benny Tjokrosaputro to life in prison for a stock manipulation scheme that helped trigger losses of more than $1 billion at state insurer Asuransi Jiwasraya, state news agency Antara said.
KUALA LUMPUR: The King, Sultan Abdullah Sultan Ahmad Shah’s decision not to declare an emergency is a major relief to the market as such a declaration would shake the confidence of consumers, businesses and investors in the country.
As local interest picks up, foreign selling is also increasing
PETALING JAYA: Thanks to a spike in stock trading activities, Bursa Malaysia Bhd is expected to see another record earnings in its upcoming third-quarter results for the July to September period.
WASHINGTON: The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
TOKYO: Japan's Financial Services Agency (FSA) will conduct an on-site investigation of the Tokyo Stock Exchange (TSE) and may issue a business improvement order after a system failure caused a full-day trade suspension earlier this month, media reported.
RISK aversion dominated globally due to rising coronavirus cases as well as dwindling prospects of US fiscal aid before the US elections. This led investors to flock to the safe-haven dollar – sending the dollar index to a nearly two-week high, up 0.86% to 93.86.