Rebound
Bitcoin bounces back above US$60,000 as Asian stocks rebound
BITCOIN continued to rally in tandem with a rebound in Asian equities on Friday (Aug 9) after a bruising selloff. The original cryptocurrency rose as much as 5.3 per cent...
PBOC eases support for yuan as short covering fuels rebound
THE People’s Bank of China (PBOC) pulled back its daily support for the yuan to the lowest in a year on Wednesday (Aug 7), at least by one measure.The...
Gold prices inch lower as US dollar, yields rebound
GOLD prices edged lower on Wednesday (Aug 7) as the US dollar and Treasury yields firmed, while bets of a September rate cut from the Federal Reserve limited further...
Stocks rebound from rout as Fed faces calls to cut rates early
MOST equities rallied on Tuesday (Aug 6) after the previous day’s global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut...
Wall Street strives to rebound, Tokyo soars after rout
WALL Street stocks sought to rebound on Tuesday (Aug 6) following a global rout fuelled by US recession fears, but European equities failed to hold onto early gains.
Tokyo’s Nikkei,...
Singapore stocks rise at Tuesday’s open amid global rebound; STI up 0.5%
SINGAPORE stocks opened higher on Tuesday (Jul 23) following overnight gains in overseas markets after a shaky end last week. The Straits Times Index (STI) headed up 0.5 per...
US: Nasdaq, S&P open higher as chips, megacaps rebound
THE Nasdaq and the S&P 500 rose at the open on Thursday (Jul 18), as megacaps regained ground and an upbeat forecast from Taiwan Semiconductor Manufacturing helped chip stocks...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara Malaysia says the ringgit has “significant potential to appreciate and be among the top beneficiaries of US rate cuts”The Malaysian ringgit is set to extend gains into...
