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Possibility of another rate cut seen in January
NEW YORK: Goldman Sachs Asset Management sees an opportunity in Asia’s junk dollar bonds, which lag the United States despite a recent rally.
PETALING JAYA: Let there be no more changes to the Sijil Pelajaran Malaysia (SPM) examination dates, parents and students appealed.
KUALA LUMPUR: The FBM KLCI rebounded on Wednesday following Bank Negara's decision yesterday to maintain the overnight policy rate and as equity markets turn more optimistic over the ongoing US election.
KUALA LUMPUR: Bursa Malaysia edged higher in early Tuesday trade ahead of the Monetary Policy Committee meeting decision on interest rate and Budget proposals on Friday.
BENGALURU: Bets against the U.S. dollar were expected to linger or even increase in the immediate aftermath of the Nov. 3 presidential election, despite jitters in the run-up along with surging coronavirus cases, a Reuters poll showed
NEW YORK: Global equity markets rebounded on Monday as robust U.S., China and euro zone factory data offset lockdowns in Europe to combat record COVID-19 cases, while the dollar and gold rose on U.S. presidential election jitters.
NEW YORK: U.S. stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.
KUALA LUMPUR: Selling pressure picked up pace in the afternoon on Friday, with Public Bank, Top Glove and Tenaga Nasional among the bigger losers as the FBM KLCI fell to the lowest in five months.