Oil prices set for decline as OPEC stands firm on output
SEOUL, Nov 30 — Oil headed for its largest monthly drop since July as Iran signaled the Organisation of Petroleum Exporting Countries won’t reduce its production target at a meeting this week.
Futures were little changed in New York and down 10…
Asian stocks slip on Chinese selloff
TOKYO, Nov 30 — Asian stocks fell after Chinese shares posted the biggest one-day selloff in three months. Material and consumer-staple shares led losses on the benchmark index at the start of a pivotal week for the region’s markets.
The MSCI…
Clinton calls for US$275b in new infrastructure spending
NEW YORK, Nov 30 — Hillary Clinton is calling for a US$275 billion (RM1.1 trillion) boost in federal infrastructure spending over five years and the creation of an infrastructure bank, arguing that the measures will help create jobs while…
US dollar enters crucial week ahead of ECB stimulus, payroll data
NEW YORK, Nov 30 — Currency traders are gearing up for one of the busiest weeks of the year.
The European Central Bank is forecast to boost monetary stimulus, the Federal Reserve gets its last chance to scrutinize US payroll data before its Dec….
Foreign investors going off the beaten track for Japanese stocks
TOKYO, Nov 29 — Foreigners who helped to fuel a three-year rally in Japanese stocks by investing in the most well-known companies are now looking off the beaten path for opportunities in the world’s third-biggest equity market, according to Nomura…
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