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Malaysian stocks rise

Bloomberg Malaysian stocks rallied on Thursday led by glove makers, with the benchmark gauge poised for its longest winning streak in almost two years. The FTSE Bursa Malaysia KLCI Index rose 1% in Kuala Lumpur, its seventh day of gains, sending valuations to a 10-month high. Volumes for the whole market hit a record earlier this week. Top Glove Corp. ...

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Mohamed orders AED5.5b in housing package for Emiratis

ABU DHABI / WAM Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, has approved the order to disburse housing loans, houses and residential plots totaling AED5.5 ...

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Oil hits above $32 with market demand recovery extending

Bloomberg Oil rose for a fifth day as investors weighed signs the market is rebalancing against what’s still a precarious economic outlook. Futures in New York for July delivery gained to above $32 a barrel. A report that a virus vaccine study didn’t produce enough critical data to assess its success added some caution to markets, which have been buoyed ...

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