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Oil posts biggest ever one-day gains after Trump touts Saudi-Russia oil deal
NEW YORK: Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil.
Stocks climb on oil price surge despite grim US jobs data
NEW YORK: U.S. stocks rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns.
Oil posts biggest one-day gains after Trump touts Saudi-Russia oil deal
New York: Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil.
Global coronavirus cases surpass one million
(Reuters) - Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths as the pandemic further exploded in the United States and the death toll climbed in Spain and Italy, according to a Reuters tally of official data.
Malaysian rugby captain decides to stay put in Japan
PETALING JAYA: National rugby captain Dineshwaran Krishnan (pic) decided to stay put in Japan although his heart is in Malaysia.
Negative once, and Jackie’s thinking of going home
KUALA LUMPUR: Hammer thrower Jackie Wong Siew Cheer, the first national athlete to fall victim to the Covid-19 outbreak, could be going home from the hospital tomorrow and he is keeping his fingers crossed.
Struggle shows colossal task of containment in Singapore
Held up as a role model for its battle against coronavirus, city-state Singapore is struggling with an infection spread that disease experts say bodes ill for global containment efforts.
Vietnamese in Prague mobilise
VIETNAMESE citizens living in the Czech Republic have united in an initiative to give back to the community during the Covid-19 pandemic.
Virus-hit airlines can sell debt, but cost steep
SEOUL: A bond deal by South Korea’s biggest airline showed that while carriers pummeled by the coronavirus pandemic can still sell debt, they will need to pay a steep price.
US central bank rolls out repo measures following US$100bil treasury exodus
NEW YORK: The Federal Reserve is trying to call time on a fire sale of Treasuries by foreign governments and central banks.