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WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
KUALA LUMPUR: A sharp plunge in Axiata's stock value single-handedly took the FBM KLCI 11 points lower as the counter resumed trading following last Friday's suspension.
KUALA LUMPUR: The global economic outlook is becoming darker, Fitch Ratings warns as the US-China trade war gets worse and also due to significant risks of a “no-deal” Brexit stance as waged by British Prime Minister Boris Johnson.
BEIJING: China's policymakers have taken a series of key measures over the past week to enhance China's economic strength and sustainability.
SHANGHAI: China stocks ended higher on Friday, posting their best weekly gains since late June, as Beijing vowed to further boost the economy, while China-US trade tensions cooled.
SHANGHAI: China stocks rallied on Thursday, boosted by hopes Beijing will cut a key ratio to shore up the economy, while another round of talks between China and the U.S. in October aided sentiment.
SHANGHAI: Loans will get a little cheaper for Chinese companies after officials introduced a revamped market benchmark rate for the first time.
BUENOS AIRES (Reuters) - A resounding victory by Argentina's centre-left opposition leader Alberto Fernández in Sunday's primary election alarmed investors with the prospect he could roll back President Mauricio Macri's business friendly agenda if he wins October's presidential vote.
HONG KONG: China’s benchmark government debt is the closest in years to yielding just 3%.
BEIJING (China Daily): The International Monetary Fund (IMF) released a report on Friday in Washington showing the yuan was broadly stable against the basket of currencies despite the yuan/dollar depreciation.