Stock Market & Investment News
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Policy normalisation can lend support to ringgit
IN an environment of rising global interest rates, an increase in the overnight policy rate (OPR) could help mitigate the risk of capital outflows and pressure on the local currency. Read full story
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Rising interest rate fallout unlikely
Upward inflation pressures, economic recovery may see rates climb again Read full story
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GLOBAL MARKETS-Bond yields tumble as Netflix fuels stock market sell-off
NEW YORK/LONDON: Risk aversion dominated markets on Friday as stocks slumped on Wall Street and in Europe, oil prices fell from seven-year highs earlier in the week and bond prices surged with traders scurrying for the relative safety of government debt. Read full story
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Short Position – Green bond, O&G funding, Going the EV way
ISSUANCES of green bonds are on a rise. Governments, banks and corporations are issuing them and there seems to be sufficient investor-interest for the debt papers. Read full story
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Oil price slides, but climbs for 5th week on supply concerns
NEW YORK: Oil prices slid for a second day in a row on Friday, pressured by an unexpected rise in U.S. crude and fuel inventories while investors took profits after the benchmarks touched seven-year highs earlier in the week. Read full story
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Shrunken US oil inventories point to chronic under-supply
LONDON: U.S. petroleum inventories have continued to slide over the last month and are well below their normal seasonal levels, which has helped push oil prices to their highest since 2014. Read full story