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NEW YORK: Global equity markets and U.S. bond yields fell on Tuesday after data showed inflation cooling in the Unites States, raising fresh questions on when the U.S. central bank will begin tapering its asset purchases.
SHANGHAI: Chinese shares rose on Wednesday after factory activity data raised hopes of an easing in policy, with consumer staples, real estate, financials and infrastructure sectors leading the gains.
BEIJING: Chinese technology shares climbed yesterday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector.
NEW YORK: Wall Street stocks soared while U.S. Treasury yields fell on Friday after Federal Reserve Chair Jerome Powell indicated the U.S. central bank could begin scaling back its bond buying program by year-end but did not give a firm timeline.
CONSIDER the following facts – the top-five ride-hailing companies have a combined valuation of close to US$183.5bil (RM770.1bil), having raised US$83bil (RM348.6bil) from both private and public offerings over the years, but to-date, are all loss-making with cumulative losses in excess of US$50bil (RM210bil).
NEW YORK: Global equity markets slipped on Thursday, while U.S. Treasury yields dipped after reaching two-week highs after two hawkish Federal Reserve officials called for the U.S. central bank to start ending its bond-buying program
KUALA LUMPUR: Reservoir Link Energy Bhd has secured a contract from Roc Oil (Sarawak) Sdn Bhd for the provision of perforation services for drilling and production phase in 2021 and 2022.
NEW YORK: Wall Street stocks rose while the U.S. dollar slipped on Wednesday, with investors more optimistic a day after the House of Representatives passed the $3.5 trillion budget framework and a top health official expressed confidence in fighting COVID-19.
Dell Medical School at the University of Texas is beginning a three-year study using video games and virtual reality to try to rewire the brains of teens with epilepsy.