Category: News Group

Chinese Equities Sell Off

China’s equity markets sold off in a volatile session, with the Shanghai Composite Index falling more than 2% before closing 1.25% lower at 3,547, while the SZSE Component Index lost 1.62% to close at 14,135. Investors were...

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Asian Shares Retreat

Major bourses in Asia were lower on Tuesday, tracking losses on Wall Street overnight, as a global energy shortage fuelled fears over rising inflation. The Shanghai Composite tumbled 1.3%, as China Evergrande missed its third...

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Asia Pacific Shares Rally

Major bourses in the Asia Pacific region traded higher on Thursday following a late recovery on Wall Street, amid progress toward US debt ceiling resolution and as energy prices eased. Traders also cheered reports that...

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Palm Oil Hits Record High

Malaysian palm oil futures rose to a fresh record high above MRY 4,700 per tonne in October, lifted by expectations that higher prices of oil and shortages of canola would push more biodiesel feedstock demand towards palm oil,...

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Gold Edges Down

Gold prices fell to the $1750 an ounce level on Tuesday, after touching one-week highs in the previous session, amid a stronger dollar and as Treasury yields remain elevated amid prospects the Fed would start cutting stimulus...

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