Hong Leong Financial Group, Public Bank lead the charge among banking stocks
KUALA LUMPUR (Dec 3): Financial services counters Hong Leong Financial Group Bhd (HLFG) and Public Bank Bhd were among the top gainers on the local bourse…
Tag Archives: Investment Course
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XE Market Analysis: Europe – Dec 01, 2020
The dollar and yen came back under pressure as risk-on positioning in global markets resumed. Most of the main dollar pairings and cross rates remained with recent ranges, though NZD-JPY saw a new one-year high, even as NZD-USD remained just off the 30-month high that was seen yesterday. The MSCI Asia-Pacific (ex-Japan) equity index rose […]
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XE Market Analysis: North America – Dec 01, 2020
The dollar and yen came back under pressure as risk-on positioning in global markets resumed. Most of the main dollar pairings and cross rates remained with recent ranges, though NZD-JPY saw a new one-year high, even as NZD-USD remained just off the 30-month high that was seen yesterday. Cable briefly traded above 1.3400 for the […]
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Musk urges Tesla staff to pinch pennies, buoy surging shares
(Dec 2): Tesla Inc. Chief Executive Officer Elon Musk warned in an internal email his company’s rallying shares could get “crushed” if investors start to…
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Global equity markets jump, bonds dip, on hopes of vaccine-led recovery
NEW YORK (Dec 2): Stock markets rose and safe havens such as U.S. Treasury bonds dipped Tuesday as strong factory data and signs that coronavirus…
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S&P 500, Nasdaq end at record highs on vaccine optimism
(Dec 2): The S&P 500 and Nasdaq Composite indexes closed at record highs on Tuesday, with investors betting a COVID-19 vaccine will be available soon,…
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Netflix plans to double spending on original content in Asia
(Dec 2): Netflix Inc. is planning to double its spending on original content in Asia next year to help stay ahead in a crowded streaming…
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U.S. accuses China of seeking to undo North Korea sanctions
(Dec 2): A senior U.S. official accused China of violating United Nations sanctions against North Korea, actions that he said go against a global consensus…
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Singapore becomes first country to approve sales of lab-created meat
(Dec 2): Eat Just Inc., a maker of meat and egg substitutes, has been approved to sell its laboratory-created chicken in Singapore, which becomes the…
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KLCI down 0.48% as key index-linked stocks drag
KUALA LUMPUR (Dec 2): The main index of Bursa Malaysia was down 0.48% in the mid-morning today, dragged by key index-linked stocks, against a backdrop of…
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Still no light at the end of the retail tunnel
KUALA LUMPUR (Dec 2): For the third quarter of 2020 (3Q20), the Malaysian retail industry recorded a poorer-than-expected growth rate of -9.7%, compared to the…
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Top Glove dips 3.2% as govt investigates workers' housing
KUALA LUMPUR (Dec 2): Top Glove Corp Bhd fell as much as 22 sen or 3.24% to RM6.57 after the government said it had opened investigations into…