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KUALA LUMPUR: Bursa Malaysia is expected to continue trading in a cautious mode next week as market sentiment will be largely influenced by external factors, especially the ongoing United States-China tensions. The ongoing trade war would be the major catalysts for global equity markets next week.
BANGKOK (The Nation/ANN): Standard Chartered Bank today (May 28) said it remains conservative on Thailand’s economic outlook, even as positive signs emerge with the possibility of a further policy rate cut to below 0.25 per cent.
SEOUL: Bank of Korea (BoK) governor Lee Ju-yeol said the central bank is considering using unconventional policy tools to support growth, after cutting interest rates to a record low and forecasting the first economic contraction since the Asian financial crisi
SEOUL: The Bank of Korea (BoK) is expected to cut its key interest rate to a fresh record low and announce more bond purchases this week as the pandemic takes a toll on exports essential to the country’s economy.
CORPORATE earnings look set to dominate this holiday-shortened week in the absence of key economic data. Corporate results released so far have not been great and some analysts have reduced forecasts.
BEIJING: Economists broke down China’s annual policy-document dump and concluded that Beijing is holding stimulus measures in reserve in case the global impact of the coronavirus pandemic worsens significantly.
MUMBAI,: The Reserve Bank of India on Friday slashed its key policy rate for a second time this year in an emergency meeting to counter the impact from a two-month long lockdown to contain the spread of the novel coronavirus.
PETALING JAYA: The country’s Consumer Price Index (CPI), which measures the national inflation rate, is expected to continue declining until the third quarter of 2020.
SINGAPORE: Most Southeast Asian stock markets slipped on Wednesday, tracking overnight losses on Wall Street, as investors refrained from making big bets after doubts were cast over a recent early-stage trial of a coronavirus vaccine.
JAKARTA (The Jakarta Post/ANN): Weakening purchasing power following business disruptions caused by the COVID-19 pandemic has battered the country’s automotive industry, forcing carmakers to significantly lower their car sales targets this year