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BEIJING (Global Times/ANN): Chinese Ambassador to the US Cui Tiankai on Monday (June 21) issued a farewell letter as he prepared to wrap up more than eight years in the post since April 2013, his longest term overseas.
TOKYO: Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained bullish about a quick recovery in global oil demand and as concerns eased over an early return of Iranian crude.
KUALA LUMPUR: The FBM KLCI remained mildly positive amid the global rebound as investors considered the recent selldown on future US Fed rate hikes was overdone.
KUALA LUMPUR: The domestic market rebounded on the back of Wall Street's strong performance as investors digested news that the US Federal Reserve may start hiking interest rates sooner than expected.
PETALING JAYA: The bullishness in the stock market that has spilled over from last year is starting to mellow and retail investors are starting to seek shelter in safer investment products.
PETALING JAYA: The local stock market started the week in the red as investors continued to digest the United States Federal Reserve’s (Fed) stance to increase interest rates earlier than expected.
THE emerging markets (EMs) may face a tough situation ahead, as the United States Federal Reserve (Fed) speeds up its time frame for hiking interest rates, and indicates the start of talks to scale back its massive bond buying.
LONDON: The United Kingdom remains Europe’s most attractive destination for financial services investment but its lead has narrowed, according to a survey by the consultants EY.
KUALA LUMPUR: The FBM KLCI ended lower on Monday, as losses in Tenaga Nasional, IHH Healthcare and Sime Darby Plantation offset gains in telcos amid a weak market sentiment.