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HONG KONG (AFP): Asian markets tumbled Thursday (Sept 24) following another sharp sell-off on Wall Street as investors were bombarded by a perfect storm of problems including rising virus infections, new lockdowns, a slowing economic recovery, stalled US stimulus talks and election uncertainty.
KUALA LUMPUR: AmBank Research believes Bank Negara Malaysia will not cut the Overnight Policy Rate (OPR) again this year as economic conditions are seen improving.
KUALA LUMPUR: The FBM KLCI opened on shaky footing on Thursday as growing political uncertainty and a sell-off in US markets weighed on investor sentiment.
NEW YORK: Asian stocks opened lower on Thursday, tracking a sharply lower Wall Street session amid fresh concerns that the global economic recovery is running out of steam.
NEW YORK, Sept. 23 (Xinhua) -- U.S. stocks saw the return of heavy sell-off on Wednesday amid weakening of macroeconomic indicators and overshadowed recovery outlook.
WASHINGTON, Sept. 23 (Xinhua) -- While the U.S. economy has picked up in recent months, the panel of elite economists at the National Bureau of Economic Research (NBER) isn't ready to declare that the COVID-19 induced recession is over, local media reported on Wednesday.
(Reuters) - While more than half of California’s forests fall under federal management, the U.S. Forest Service consistently spends fewer dollars than the state in managing those lands to reduce wildfire risks, a Reuters data analysis reveals.
SINGAPORE: Singapore Exchange Ltd and the National Stock Exchange of India Ltd are formally ending a years-long disagreement related to derivatives trading, with the two exchanges set to launch a cross-border trading link.
(Reuters) - The poisoning of Kremlin critic Alexei Navalny and Moscow's involvement in political turmoil in neighbouring Belarus have put additional Western sanctions against Russia back on the agenda ahead of the U.S. presidential election.