Stock Market & Investment News
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Slow recovery for luxury condo market
THE Kuala Lumpur luxury condominium market, having taken a hit over the last couple of years due to the pandemic, is expected to remain soft in 2022. Read full story
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Economy to grow up to 6.5% in 2022
PETALING JAYA: Bank Negara has reiterated that the Malaysian economy will expand between 5.5% and 6.5% this year, underpinned by continued expansion in global demand and higher private sector expenditure, says governor Tan Sri Nor Shamsiah Mohd Yunus.(pic) Read full story
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Measures to upscale digitalisation the priority
PETALING JAYA: Bank Negara has set its priorities to foster the right conditions for Malaysia’s financial sector to capitalise on digitalisation while ensuring that attendant risks are well understood and managed effectively by the financial institutions. Read full story
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Nasdaq ends choppy week higher, as Amazon earnings stall tech rout
NEW YORK: Another bumpy ride on Wall Street ended on Friday as Amazon’s positive earnings capped a run of mixed big-tech numbers, with the Nasdaq recovering much of its losses from the previous session and all three benchmarks ending the week in positive territory. Read full story