SINGAPORE: The coronavirus-wrecked equity markets of China, Singapore and Australia can now provide shelter from the outbreak, according to Morgan Stanley.
The move came after the Federal Reserve released an unscheduled statement on Friday, opening the door for a rate cut this month. China pledged to roll out more effective stimulus – including implementing measures to reduce corporate taxes and cut unnecessary government expenses.
اللهم اغفر لي، وارحمني، وعافني، وارزقني، فإن هؤلاء تجمع لك دنياك وآخرتك O Allah! Forgive me, have mercy on me, protect me and provide me with sustenance).' Surely, this supplication is better for you in this life and in the Hereafter.'
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China stocks lead risk-asset reboundSYDNEY: Asian stocks and U.S. equity futures climbed for the first time in eight days Monday, reversing early declines in wild trading amid signs of support from central banks. Bond yields pared losses and the yen retreated.
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