Stock Market & Investment News

THE frenzied rally in the United States-listed Chinese stocks is starting to cool off as investors debate whether Beijing’s pledge to stabilise financial markets can turn into concrete policies. Read full story

China weighs payments overhaul, new licence ruling Read full story

RUSSIA’S war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an US$81bil (RM340bil) economy more than 6,437km away in the Indian Ocean. Read full story

WALL Street traders are bracing for fresh equity-market fireworks after another week of global turbulence. Read full story

NEW YORK: Oil prices settled higher on Friday, but posted a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market. Read full story

NEW YORK: Global equity markets gained on Friday after traders cheered a Russian bond payment that averted a historic sovereign default, while gold prices dropped as demand for the safe-haven metal eased following the start of the U.S. interest rate hike cycle. Read full story

Two of the Federal Reserve’s most hawkish policymakers on Friday said the central bank needs to take more aggressive steps to combat inflation, and two others said they would be open to it – one of whom just six months ago envisioned a 2022 with no rate increases at all Read full story

SINGAPORE: Asian refining margins for 10 ppm gasoil rose on Friday, and posted a weekly gain of 19%, buoyed by recovering demand amid limited regional supplies. Read full story