Stock Market & Investment News

Poor valuation among factors for FBM KLCI exclusion Read full story

DOHA: Pent-up demand from the pandemic means consumers are weathering high airfares, but as summer ends and inflation and interest rate rises begin to bite, there are growing questions over whether the appetite for travel is sustainable Read full story

Read full story

Read full story

NEW YORK: As gasoline prices soar and the United States considers invoking Cold War-era laws to boost production, there’s a massive pool of oil refining capacity on the other side of the Pacific Ocean that’s sitting idle. Around a third of Chinese fuel-processing capacity is currently out of action Read full story

PETALING JAYA: The UMW Group’s automotive sales grew 4% year-on-year in May 2022 as both UMW Toyota Motor (UMWT) and Perodua registered healthy sales of 26,480 units compared with 25,568 units sold in May 2021 despite the shorter working month due to the Hari Raya holiday. Read full story

Car buyers seen to take advantage of incentive Read full story

LONDON: European stocks rose strongly on Monday after a sharp selloff last week on recession worries, while gains in French shares were capped after President Emmanuel Macron lost an absolute majority in the country’s parliamentary election. Read full story

SINGAPORE: China’s crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on discounted supplies amid sanctions on Moscow over its invasion of Ukraine. Read full story

DUBAIL The strong cargo demand that helped passenger-deprived airlines stay afloat during the pandemic is showing signs of softening amid growing economic uncertainty, in part, fuelled by decades high inflation. Read full story