Stock Market & Investment News

KUALA LUMPUR (April 14): The FBM KLCI reversed earlier losses to close marginally higher today on late buying support in selected index-linked counters.   The benchmark…

EVENING 5: KDVT2 contractor allowed to challenge termination Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.  1. The…

KUALA LUMPUR (April 14): Seventeen cases of the South African B.1.351 strain of Covid-19 virus have been detected in the country so far, said Health…

WASHINGTON (April 14): Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than US$19…

KUALA LUMPUR (April 14): Based on corporate announcements and news flow today, companies in focus tomorrow (April 15) may include: Reservoir Link Energy Bhd, Teladan…

NEW YORK/BENGALURU (April 15): Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for…

SINGAPORE (April 15): The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined…

The dollar picked up amid a backdrop of rising stock markets in Asia, which was sparked by respective 30.1% y/y and 38.1% y/y surges in Chinese exports and imports in March — data affirming a post-pandemic turnaround, with China benefiting from both a ‘first in first out’ status and a rebound in global activity. The […]

The dollar picked up amid a backdrop of rising stock markets in Asia, which was sparked by respective 30.1% y/y and 38.1% y/y surges in Chinese exports and imports in March — data affirming a post-pandemic turnaround, with China benefiting from both a ‘first in first out’ status and a rebound in global activity. The […]

The DXY fell to three-week lows of 91.86 in N.Y. on Tuesday, down from 92.32 highs seen immediately following the warmer U.S. March CPI outcome. Treasury yields headed lower, despite the CPI rise, which ultimately weighed broadly on the Greenback. It appeared a case of sell-the-news set in for the USD, as the bond market’s […]