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SHANGHAI: China stocks rose the most in two weeks on Tuesday, as a cut in a key interbank funding rate on Monday bolstered hopes for more government stimulus to prop up slowing growth.
KUALA LUMPUR: There was some profit-taking activity on Bursa Malaysia on Tuesday following the sharp gains made in the closing minutes of the previous trading session.
NEW YORK: U.S. stocks slipped along with European shares as doubts about a China trade deal weighed on sentiment, highlighting the fragile nature of recent gains as negotiations drag on.
KUALA LUMPUR: IHH Healthcare, CIMB and Digi powered the FBM KLCI comfortably above the key 1,600 level on Monday but G3 Global, which had surged in recent weeks, hit limit-down.
SINGAPORE: Asia’s worst-performing major stock market is getting cheaper by the day. But that’s not enough to lure investors back.
KUALA LUMPUR: The FBM KLCI ended the morning slightly softer following a session of volatile trading.
KUALA LUMPUR: Stocks to watch for on Monday include Press Metal, UWC, Willowglen, PIE Industrial, IOI Corp, GB Holdings and Ikhmas Jaya.
NEW YORK: The strength of the US consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks have skipped the party for several months.
NEW YORK: SoftBank Group Corp has quietly completed an initial money-raising push for its second technology fund, at a fraction of its targeted US$108bil.