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KUALA LUMPUR: The ringgit is expected to remain on the weaker side of 4.20 versus the US dollar next week amid a lack of positive catalysts.
SUNGAI LONG: For the first time, the Mind Competitions will be held concurrently in Universiti Tunku Abdul Rahman (UTAR) and Tunku Abdul Rahman University College’s (TAR UC) campuses.
HONG KONG: Asian and European equities spiralled downwards Friday (Feb 28), extending a collapse in world markets that has wiped trillions of dollars off valuations as the coronavirus spread rapidly around the world with the WHO warning the Covid-19 (coronavirus) outbreak was now at a "decisive point". Tokyo, Shanghai, Sydney, Singapore and Seoul were among the bourses that fell more than 3% while Jakarta was hammered more than 4%.
SEOUL/TEHERAN/NEW YORK: James Bullard, president of the Federal Reserve Bank of St. Louis, said rate cuts may be necessary if the (Covid-19) coronavirus becomes a pandemic while acting White House Chief of Staff Mick Mulvaney said school closings are likely.
TOKYO (Reuters) - Tokyo has no Plan B for this year's Summer Olympics despite alarm over the spread of the coronavirus in Japan and elsewhere with under five months before the event, a senior official said on Friday.
KUALA LUMPUR: Berjaya Corporation Bhd (Bcorp) is selling the hotel component of Four Seasons Hotel and Hotel Residences Kyoto, Japan to Godo Kaisha Tigre for 49bil yen (RM1.87bil).
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe vowed to take whatever policy steps are needed to prevent the new coronavirus from dealing a severe blow to an economy already teetering on the brink of recession.
KUALA LUMPUR: The ringgit continued its uptrend against the US dollar at the opening today on improved demand as the 2020 Economic Stimulus Package introduced yesterday boosted investors’ sentiment, analysts said.
NEW YORK: The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus.
NEW YORK: Goldman Sachs Group Inc boosted its gold forecast to US$1,800 an ounce as the coronavirus, depressed real rates, and increased focus on the US election continue to drive demand for the metal as a haven.