News
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Nifty 50 Sinks, Deeper Pullback Ahead? Indian Rupee Clears Key Support
The Indian Rupee capitalized on a weaker US Dollar as the Nifty 50 succumbed to profit-taking ahead of the Thanksgiving holiday in the US. Will Indian stocks keep falling?
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Precious Metals Technical Analysis: Gold and Silver Rebound at Hand?
Gold and silver prices have come under significant pressure recently. However, this correction lower could prove short-lived as price analysis hints at a reversal higher.
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World shares hold close to record highs; US markets closed for Thanksgiving
LONDON (Nov 27): Global stocks held near record highs on Thursday, as recent vaccine progress, Joe Biden’s U.S. presidential election victory and hopes for further…
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EU warns decision on UK financial services won't come before Jan 1
BRUSSELS (Nov 27): European Union assessments of whether to grant market access for UK banks and other financial firms will not be completed in time…
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Tech stocks trading defies holiday doldrums in busy week
(Nov 27): Trading volume, even in hot areas such as tech stocks, notoriously dip in the days ahead of the U.S. Thanksgiving holiday. Not this…
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Amazon to give US$500m in holiday bonuses to front-line US workers
(Nov 27): Amazon.com Inc said on Thursday it would spend more than $500 million on one-time bonuses for its front-line employees in the United States…
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Bursa continues upward momentum at opening
KUALA LUMPUR (Nov 27): Shares on the local bourse continued yesterday’s momentum to open higher today, driven by strong demand from both local and international investors. At…
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Ringgit opens little changed against US dollar
KUALA LUMPUR (Nov 27): The ringgit opened little changed against the US dollar today, after closing broadly higher yesterday, on positive sentiment brought by the approval of Budget…
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YTL Power records higher 1Q net profit of RM76.88m
KUALA LUMPUR (Nov 27): YTL Power International Bhd recorded an improved net profit of RM76.88 million for the first quarter ended Sept 30, 2020 (1QFY21) from RM67.35 million for the…
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Hengyuan up 9.2% after reporting net profit tripled quarter-on-quarter
KUALA LUMPUR (Nov 27): Hengyuan Refinery Company Bhd jumped as high as 9.2% or 32 sen to reach RM3.79 in morning trade today after reporting…
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Trump says he'll leave if Biden wins Electoral College vote
WASHINGTON/REHOBOTH BEACH, Del. (Nov 26): U.S. President Donald Trump said on Thursday he will leave the White House if the Electoral College votes for President-elect Joe…
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Healthcare, construction, tech stocks seen to be on uptrend on higher development expenditure
KUALA LUMPUR (Nov 27): Local stocks showed an upward momentum as Budget 2021 was passed with a voice vote at the policy stage in Parliament yesterday…