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NEW YORK: Wall Street closed lower on Thursday after making a u-turn toward the end of the session as reports emerged about U.S. President-elect Joe Biden's pandemic aid proposal following earlier data that showed a weakening labor market
TOKYO, Jan 11 (AP): Asian shares were mixed Monday as hopes for more US economic aid were countered by fears over spreading damage from the pandemic.
NEW YORK: Frenzied retail buying catapults equity benchmarks to records. A handful of mega-companies dominate, drawing daily warnings about nosebleed valuations. Suddenly a rotation takes hold, reviving left-behind industries while crushing the broader market.
PETALING JAYA: Engineering and construction firm Kimlun Corp Bhd’s recent deal to buy two plots of freehold commercial land near Johor Baru for RM40.5mil cash is seen as positive, says RHB Research
KUALA LUMPUR: RHB Research believes Kimlun Corp Bhd's valuation remains attractive as it expects near-term replenishment opportunities coming from infrastructure projects.
The good news is the worst appears to be over, and some stock markets have already recovered all their losses over the year. Within Asean, Bursa Malaysia is one example.
SEOUL: The 1,600% jump in a Covid-19 drugmaker loved by retail traders and big gains for electric-vehicle battery suppliers were among the top highlights this year in South Korea’s stock market.
KUALA LUMPUR: Blue chips slipped in early Thursday trade, the last day of the pandemic-ridden 2020 which sent the global economy into a recession.