Tag Archives: World Markets

Top Glove became the center of Kovid revival in Malaysia

SINGAPORE – Top manufacturing, the world’s largest medical glove manufacturer, has shut down 20 manufacturing sites in Malaysia after thousands of workers tested positive for Covid-19. As of Wednesday, a total of 2,684 top glove employees – most of them foreign workers – had tested positive, local media quoted senior …

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European stock futures US political certainty, rising on vaccines

LONDON – European stocks traded higher on Wednesday as rising political certainty in the US and news of a sensible coronavirus vaccine boosted global sentiment. The Pan-European Stocks 600 Index traded up 1% higher with most of the positive sectors except insurance, auto, basic resources and chemicals. News of a …

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Singapore publishes third quarter 2020 GDP, economic data

A man in a mask walks in the background on April 1, 2020, walking on Marina Bay Sands in Singapore’s Central Business District. Suhaimi Abdullah | Getty Images SINGAPORE – Singapore’s economy contracted 8.8 percent in the third quarter from a year earlier – better than initial estimates, the country’s …

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The ECB’s decision, the new lockdown is in focus

LONDON – Investors in France and Germany are digesting new lockdown measures and European markets will whip up on Thursday morning as they wait for the European Central Bank’s latest monetary policy decision. Pan-European stocks were up 0.2% in early trade after the 600-day opening. The tech sector fell 1.1%, …

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