Money

World stocks extend global recovery, set for sixth day of gains

World stocks extend global recovery, set for sixth day of gains

February 19, 2018

LONDON, Feb 19 — World stocks were set for a sixth session of gains today, extending a recovery from a selloff sparked by fears of creeping inflation and higher borrowing costs. Gains were marginal however, and scored largely in Asian markets, with Japan’s Nikkei 225 up 2 per cent. European bourses gave up initial gains to turn lower, with the pan-European STOXX index down 0.2 per cent. Trading was slower than usual due to market holidays in the United States and China, but... Read more

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Singapore GST to go up to 9pc; hike to kick in between 2021 and 2025

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Pound faces ‘make or break’ week in timing of BOE rate increase

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Ringgit closes higher versus US dollar

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Bursa Malaysia ends on a firm note

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Amid major shifts, Budget 2018 positions Singapore for the future, says finance minister

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Malaysia’s timber exports to increase 5pc this year

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Bursa Malaysia broadly higher at mid-day

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India’s federal investigators close bank branch at heart of fraud

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Picture of the Day

People carry plywood sheets outside a Punjab National Bank branch after it was sealed by India’s federal police in Mumbai, India, February 19, 2018. — Reuters pic

People carry plywood sheets outside a Punjab National Bank branch after it was sealed by India’s federal police in Mumbai, India, February 19, 2018. — Reuters pic Read More