Shares of energy companies fell slightly alongside oil futures. Oil prices closed below $40 a barrel in New York for the first time since July as the commodity was caught up in volatile trading.
A selloff washed through global equity markets after reports that SoftBank Group could be unwinding a multibillion dollar bet on technology stocks.
Malaysia’s Petroliam Nasional, or Petronas, swung to a net loss in the second quarter as impairment losses combined with a decline in revenue due to lower oil prices and sales volumes for petroleum products.
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