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LONDON: World shares stalled near a four-month high on Friday and the industrial bellwether metal copper scuffed its longest weekly winning streak in nearly three years, as nagging coronavirus nerves tempered the recent recovery run.
INDUSTRIAL property transactions were down year-on-year in both value and volume in the first quarter of 2020, as sentiment weakened amid significant supply chain disruption caused by the Covid-19 pandemic.
TOKYO: SoftBank Group Corp shares just reached a new high this year, propelled by a series of buybacks that have seen the stock recoup the losses suffered during the coronavirus market rout.
LAST week, the Finance Minister was quoted as saying that the country’s debt to GDP level could hit the 55% mark by year-end from the current 52% level.
FINANCIAL services provider Robert Foo from MyFP Services Sdn Bhd declined the deferment for a property-related company loan.
KUALA LUMPUR: edotco Group Sdn Bhd and the Telecom Infra Project (TIP) are on track to unlock new network efficiencies that will improve connectivity at urban street level and indoor coverage.
TOKYO/NEW YORK: Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
KUALA LUMPUR: The ringgit opened unchanged against the US dollar on Friday amid a quiet market, in line with other Asean currencies.
WASHINGTON: The U.S. economy created jobs at a record clip in June as more restaurants and bars reopened, but 31.5 million Americans were collecting unemployment checks in the middle of the month, and a resurgence in COVID-19 cases suggested the labor market could suffer a setback in July.