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NEW YORK Asian stocks were likely to track a firmer Wall Street session on Friday after strong U.S. jobs data although growing Sino-U.S. tensions and a worrying surge in coronavirus cases is likely to cap gains
YOU probably need only look inside your own pantry to have some idea of what a blockbuster spring it has been for the packaged food industry
NEW YORK: Stocks across the globe rose on Wednesday following data pointing to a recovery in manufacturing and on bets for a COVID-19 vaccine, while the risk-on mood pushed the U.S. dollar lower.
NEW YORK: Fresh from cracking US$1,800 an ounce, the global gold market wants to know what the Federal Reserve may do next to rescue the US economy, with minutes due yesterday that are expected to shed light on the central bank’s willingness to embrace yield curve control.
SINGAPORE: Asian stock markets struggled to make headway on Wednesday, while safe havens such as gold and the Japanese yen firmed as surging coronavirus infections in the United States took some of the shine off better-than-expected factory activity in China.
NEW YORK: Asian stocks were set for a bumpy start to the second half of the year on Wednesday as optimism about a global economic recovery from the pandemic jousted with signs in the United States the health crisis may not yet be past its peak.
KUALA LUMPUR: Bahvest Resources Bhd posted net losses of RM174.52mil in the fourth quarter ended March 31,2020 compared with net profit of RM8.77mil a year ago, weighed down by fair value loss on its biological assets.
LONDON: Britain's economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown.
LONDON: Probably the best thing to say about world financial markets so far this year is simply that it has been quite a ride. If somehow you missed the coronavirus slamming the global economy like a wrecking ball, current market levels certainly do not reveal the wild swings that unprecedented events unleashed.