Stock Market & Investment News
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Overseas funds are loving Malaysian glove stocks again after selloff
(April 7): Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars. Top Glove Corp and Supermax Corp…
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Malaysia posts 1,139 new Covid-19 cases; four deaths reported
KUALA LUMPUR (April 7): Malaysia reported 1,139 new Covid-19 cases today — down from 1,300 yesterday — bringing the cumulative number of confirmed infections in…
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Takeover efforts by FELDA still ongoing, says ex-FGV CEO
KUALA LUMPUR (April 7): The Federal Land Development Authority’s (FELDA) efforts to take over FGV Holdings Bhd and realise its recovery plan are in progress. Former FGV chief executive officer…
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EVENING 5: Five things you need to know today
EVENING 5: MR DIY brothers among new Forbes billionaires Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….
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Dimon says ‘fintech and big tech are here’ as banks lose ground
NEW YORK (April 7): Jamie Dimon, who built the biggest and most profitable US bank in history, is warning shareholders his industry’s disruption by technology…
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'We are working with our airline customers to find solutions,' says Airbus Asia-Pacific president
KUALA LUMPUR (April 7): European plane maker Airbus says it is working with its cash-strapped airline customers across the world including Malaysia to find solutions…
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All additional spending under Emergency Ordinance will be gazetted, says Zafrul
KUALA LUMPUR (April 7): The federal and state governments are required to publish and gazette all additional spending done under the Emergency Ordinance that bypasses…
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S&P closes slightly higher after Fed minutes feed stable rate view
NEW YORK (April 8): Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the Federal Reserve released minutes from…