Stock Market & Investment News

TOKYO: It is too soon for the Bank of Japan to tighten monetary policy as the economy has not fully emerged from the pandemic’s hit, Deputy Governor Masazumi Wakatabe said, dousing speculation that creeping inflation could prompt it to tweak yield targets. Read full story

KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, fell to 50.5 in January from 52.8 in December 2021.   Read full story

KUALA LUMPUR: The FBM KLCI extended its gains headed into midday as most blue-chips rallied on the back of recent Wall Street gains. Read full story

GOLD prices hovered on Thursday below the previous session’s one-week high, as the U.S. dollar regained ground ahead of major central bank meetings as their economies grapple with broadening inflationary risks. Read full story

SINGAPORE: Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Read full story

BANGKOK: Border trade between Malaysia and Thailand increased 30.26 per cent to 627.7 billion baht (100 baht=RM12.60) last year following the reopening of all nine checkpoints along the borders of both countries that have boosted economic activities. Read full story

LONDON: Shell boosted its dividend and share repurchases on Thursday after fourth quarter profits soared to $6.4 billion fueled by higher oil and gas prices and strong gas trading performance Read full story