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NEW YORK: Stocks fell across the globe on Friday as data out of China, the euro zone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in U.S. fiscal stimulus
KUALA LUMPUR: The Department of Statistics Malaysia (DoSM) Report which says that about 12.7 million or 83.5% of employees as of June 2 have returned to work, evidently shows that economic activities and services are recovering, said Tengku Datuk Seri zafrul Tengku Abdul Aziz.
BENGALURU: The Federal Reserve struck the right tone in its first pandemic-era economic outlook, suggesting years of extraordinary policy support for an economy facing a slow and long slog back, according to a majority of economists in a Reuters poll
HONG KONG (AFP): Hopes for a vaccine to treat coronavirus and a further easing of lockdown measures around the world spurred a rally on Asian markets Tuesday (May 19) as investors tracked a surge across Europe and Wall Street.
KUALA LUMPUR: The pall of gloom over the stock markets including Bursa Malaysia, battered by the Covid-19 pandemic, have been clearing up as news about a possible vaccine, cheered investors and also lifted energy stocks.
PITTSBURGH (Reuters) - The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.