KUALA LUMPUR (May 14): Shares in Top Glove Corp Bhd rallied for the fourth consecutive day today, as it rose to new highs despite a dissipating buying momentum in other rubber glove-related counters.

SINGAPORE/NEW YORK (Reuters) - Asia’s stock markets fell and gold hit a one-week high on Thursday as worries about a second wave of coronavirus infections and a dour assessment of the way back from the head of the U.S. Federal Reserve dashed hopes for a quick recovery.

(Reuters) - Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a “significantly worse” U.S. recession than any downturn since World War Two because of coronavirus pandemic fallout, sentiments that drove bonds higher on a safety bid.

TOKYO (Reuters) - The dollar held onto gains against major currencies on Thursday after U.S. Federal Reserve Chairman Jerome Powell dismissed speculation that policymakers will adopt negative interest rates.

SEOUL (Reuters) - Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories, but gains were capped by worries that a potential second wave of the coronavirus pandemic might trigger fresh lockdowns and slam fuel demand once again.

KUALA LUMPUR (May 13): Malaysia's economic growth slowed to 0.7% in the first quarter of this year (1Q 2020) — the lowest level seen since 3Q 2009 when the economy then contracted by 1.1%, according to the Department of Statistics Malaysia.