Stock Market & Investment News

NEW YORK: The Organisation of the Petroleum Exporting Countries Plus (Opec+) is doing its best to ignore the war started by one of its leading members, but it may not be able to manage it for much longer. Read full story

LONDON: Two Bank of England (BoE) policy makers warned that the fallout from the attack on Ukraine will upend the outlook for the United Kingdom economy, which had started to recover from the coronavirus pandemic. Read full story

SINGAPORE: Singapore state-owned investment firm Temasek Holdings Pte is backing a new South-East Asian forestry fund as the city-state looks to increase a carbon tax on its biggest emitters. Read full story

HOUSTON: Oil slid 2% on Thursday, after hitting prices not seen in a decade, as sellers jumped on hopes the United States and Iran will agree soon on a nuclear deal that could add barrels to a tight global market. Read full story

NEW YORK: Oil prices initially soared on Thursday as the Ukraine war sparked a run on commodities that raised fears of “stagflation,” while equity markets fell as investors gauge the impact of the Federal Reserve’s plans to tighten monetary policy. Read full story

NEW YORK: With surging oil prices, concerns about the hawkishness of the Federal Reserve and fears of Russian aggression in Eastern Europe, the mood on Wall Street feels like a return to the 1970s. Other than bell-bottoms, the only thing missing so far is stagflation, which occurs when an economy experiences rising inflation and slowing […]

FORT COLLINS: Ukraine and Russia are both known as top grain suppliers, but with the ongoing war and loss of exports out of the region, soybean prices have also jumped and not everyone is fully seeing the connection. Read full story

KUALA LUMPUR: The world’s biggest palm oil buyers China and India are slowing down imports as prices rocket to historical high levels, even as Russia’s invasion of Ukraine disrupts global edible oil supply, industry officials said on Thursday. Read full story

KUALA LUMPUR: Stock that could see increased investor attentio on Friday include Malayan United Industries, Coastal Contracts, China Automobile Parts, Vortex and Lotte Chemical Titan, says JF Apex Research. Read full story

KUALA LUMPUR: A decline in crude oil prices overnight gave the cue for the domestic stock market to take profit from recent gains. Read full story