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SYDNEY: Asian shares held near four-month highs on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery even as surging coronavirus cases delayed reopenings across the United States.
TOKYO: The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic.
LOCKDOWNS following the deadly spread of coronavirus has dented the demand for many consumer items.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a range-bound mode at between RM2,300 and RM2,350 per tonne next week ahead of the release of the palm oil industry performance for June 2020, said a dealer.
THE HAGUE: Judges in the trial of suspects in the 2014 downing of a MalaysiaAirlines flight over Eastern Ukraine on Friday accepted a defence request that an investigator examine possible alternative explanations for the crash.
GROWING your own food has always fascinated Abdul Munaf since his exposure to basic farming back in his school days at Maktab Sultan Abu Bakar in Johor.
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.
TOKYO: The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk.
NEW YORK: The Federal Reserve edged towards a longer-range plan for monetary policy at its meeting last month, raising serious questions about a strategy known as yield curve control that is untested in the United States, and signaling it may rely on explicit promises about its inflation or employment goals to steer public expectations.
LONDON: The collapse of mall landlord Intu Properties Plc is about to send shockwaves through a sector that’s already reeling.