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S&P boasts record close
NEW YORK: The S&P 500 notched a record closing high on Friday with upbeat earnings reports helping to drive optimism about the economy along with hopes for successful Covid-19 vaccines, even as investors monitored a surge in virus cases and restrictions around the country.
Asian shares rise on vaccine bets but analysts urge caution
TOKYO/BOSTON, Nov 12 (Reuters): Asian shares rose toward a more than two-year peak on Thursday, buoyed by sustained global stimulus efforts and hopes of a Covid-19 (coronavirus) vaccine, but some analysts warned of the risk of a correction lower.
ANALYSIS-High-flying US tech stocks get post-election lift, near new highs
NEW YORK: A weaker-than-expected election performance by Democrats and fears of new coronavirus restrictions have prompted investors to double down on high-flying technology stocks, which have come roaring back in recent days to put the Nasdaq within striking distance of a record.
KLCI sustains recovery ahead of Budget 2021, US polls result
KUALA LUMPUR: Malaysia's benchmark FBM KLCI accelerated its recovery from last Friday's sharp decline ahead of the tabling of Budget 2021, and as investor sentiment turned positive over the US election results.KUALA LUMPUR: Malaysia's benchmark FBM KLCI accelerated its recovery from last Friday's 28-point slump ahead of the tabling of Budget 2021.
Tech, health stocks rise, cyclicals fall on prospects of divided US Congress
NEW YORK: High-flying technology stocks boosted the S&P 500 index and healthcare led gainers on Wednesday as investors bet a divided U.S. government would stunt chances for big reforms for these sectors or corporate tax hikes.
Asian shares boosted by stronger China factory data
TOKYO, Nov 2 (AP): Asian shares were mostly higher on Monday buoyed by further signs of recovery in China's manufacturing sector.
Surge in coronavirus cases set to shake Asian markets
Asian stocks were set to join a global sell-off on Thursday as worries about surging coronavirus cases in Europe and the United States sent investors scrambling for safe-haven assets
Australia’s polarised investment landscape
SYDNEY: Australia’s two biggest share listings this year will highlight a polarised investment landscape: the strong, expanding allure of high-growth technology, versus entrenched demand for coal-linked assets that offer a steady stream of high dividends.
Asian shares mostly fall on uncertainty over US election
TOKYO, Oct 26 (AP): Asian shares were mostly lower in muted trading Monday amid widespread uncertainty over what the US presidential election will portend for markets and economic policy.
Singapore economic reopening failing to lift equities
SINGAPORE: Singapore’s emergence from the Covid-19 shock is gathering pace, but that isn’t boosting the nation’s equity benchmark.
