News
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A deep V-shaped recovery is still in play for equities
THE year 2021 ended positively for global equity markets. Read full story
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China home prices barely fall in sign of hope for builders
CHINA’S home price declines eased for a second month in January, offering a rare glimmer of hope to the embattled property sector. Read full story
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On the recovery path
Penang market to rebound amid lingering challenges Read full story
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GLOBAL MARKETS-Stocks slide, commodities spike as Ukraine war shakes markets
NEW YORK: Data showing a vibrant U.S. jobs market strengthened the dollar and spurred commodity prices higher, but the war in Ukraine overshadowed the blowout report as the euro plunged on the worsening outlook for slower European economic growth. Read full story
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Wall St Week Ahead-Rate-hike fears abate but Ukraine muddies stock market outlook
NEW YORK: Geopolitical worries are clouding the outlook for U.S. stocks, even as Russia’s invasion of Ukraine moderates expectations for how aggressively the Federal Reserve will tighten monetary policy in coming months Read full story
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Oil price surges to multi-year highs as Russian supply shortfall looms
NEW YORK: Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the world’s second-largest exporter of crude. Read full story
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CBOT wheat posts record weekly rise as Ukraine war drives volatility
CHICAGO: Chicago Board of Trade wheat futures posted their biggest-ever weekly gain as prices on Friday jumped by their daily limit on deepening fears that Russia’s attack on Ukraine will cause prolonged disruptions to exports from the Black Sea region. Read full story
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Asian LNG prices surge as buyers shun Russian gas
LONDON: Asian spot liquefied natural gas (LNG) prices rose this week, buoyed by concerns over Russian supply to Europe as buyers shun Russian gas and LNG in response to its invasion of Ukraine. Read full story
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Banks change course on weapons finance as defence spending rises
AFTER years spent treating weapons manufacturers with caution, bankers in Europe are now positioning themselves for closer relations with the defense industry. Read full story
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Russia’s toxic oil sends tanker rates into a frenzy
FOR clues on how toxic Russian oil has become, look no further than the trade for tankers that export it. Read full story
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Commodities soar after reports of Russia attack
Ukraine nuclear plant assault fuels fear of supply crunches Read full story
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We already have a solution for oil’s price shock
IN nominal local-currency terms, countries accounting for at least a third of global oil consumption are already paying more than they ever had. Read full story
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Economic normalisation likely means returning to slow growth trajectory
THE government expects the economy to grow by 5.5% to 6.5% in 2022, up from last year’s modest expansion of 3.1%. MARC Ratings Bhd’s forecast of 5.7% thus comes in within the ballpark of the government forecast. Read full story