PUTRAJAYA: Malaysia expects to export 225 billion rubber gloves worth some RM20bil this year, up from 170 billion units valued at RM17.3bil last year.
NEW YORK/LONDON (Reuters) - World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond yields fell as data reflected record U.S. joblessness.
Stocks in Asia rose in Friday morning trade as investors await the release of major Chinese economic data. In Japan, the Nikkei 225 jumped 2.85% in morning trade as shares of index heavyweights Fast Retailing and Softbank Group surged more than 5% each. The Topix index also gained 1.58%.
TOKYO (Reuters) - Oil prices rose on Friday with Brent gaining nearly 3% after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus pandemic that has punched a huge hole in global demand for crude and refined products.
PUTRAJAYA (April 16): Malaysia, the world’s top rubber glove producer, expects to export 225 billion units worth some RM20 billion this year, up from 170 billion units valued at RM17.3 billion last year.
The economic reports showed the double whammy of state shutdowns in mid-March on two pillars of the economy — the consumer and business. The reports were even more dire than expected, and foreshadow even worse declines in April’s activity, with state shutdowns affecting areas responsible for more than 90% of the economy.