European stock markets wobble as US bond rates climb
LONDON: European and US stock markets wavered on Tuesday (Apr 24) as the yield on US 10-year government bonds touched the key 3.0 per cent level.
That level, which the bonds briefly touched before pulling back, is seen as important for many investors in determining whether to put their money into ...
KUALA LUMPUR (May 28): Former Prime Minister Datuk Seri Najib Tun Razak today withdrew his defamation suit against former Petaling Jaya Utara MP, Tony Pua Kiam Wee and Mediarakyat.net portal owner, Chan Chee Kong over the issue of 1Malaysia Development Berhad (1MDB).
Lawyer Datuk Mohd Hafarizam Harun who represented Najib told reporters that his client had instructed him to withdraw the suit and Najib had agreed to drop the legal action on undisclosed terms.
NEW YORK: The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks.
U.S. crude tumbled 4 percent to settle at US$67.88 a barrel after Saudi Arabia and Russia said they were ready to ease ...