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NEW YORK: Oil prices extended losses to a second day on Tuesday after OPEC and its allies left markets in limbo by postponing a formal meeting to decide whether to lift output come January
NEW YORK: Stock markets rose and safe havens such as U.S. Treasury bonds dipped Tuesday as strong factory data and signs that coronavirus vaccinations could be administered by the end of the year helped prolong a worldwide rally in risk assets even as the pandemic accelerated.
SINGAPORE: Companies in Singapore suffered a significant fall in earnings due to the Covid-19 pandemic and sank deeper into debt, although most should still be able to withstand short-term financial pressures for now, according to the Monetary Authority of Singapore (MAS).
Planters need to recoup and reinvest in the industry
VIENTIANE, Dec. 1 (Xinhua) -- Lao Petroleum & Chemical Co. Ltd (Laopec), a China-Laos joint venture, has launched first phase production of its three million tons/year refinery project in Lao capital Vientiane on Monday.
SYDNEY/NEW YORK: Asian share markets began the new month with a bang on Tuesday, buoyed by the prospect of a Covid-19 vaccine fueling a global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support.
HONG KONG (AFP): Asian markets rose Tuesday (Dec 1) as investors resumed their vaccine-fuelled buying spree, though gains were kept in check by the spectre of surging virus infections.