Tesla value jumps US$40 bil as S&P 500 beckons
SAN FRANCISCO/BENGALURU (Nov 17): Shares of Tesla Inc rose as much as 12% on Tuesday, adding more than US$40 billion to the value of the…
SAN FRANCISCO/BENGALURU (Nov 17): Shares of Tesla Inc rose as much as 12% on Tuesday, adding more than US$40 billion to the value of the…
BENGALURU (Nov 17): Moderna Inc confirmed on Tuesday that it had agreed to supply its Covid-19 vaccine candidate, mRNA-1273, to the United Kingdom starting from…
KUALA LUMPUR (Nov 17): Based on corporate announcements and filings today, stocks that are likely to be in focus tomorrow are as follows: Batu Kawan…
NEW YORK (Nov 18): Oil prices edged lower in post-settlement trade on Tuesday after an industry group reported a bigger build than expected in U.S….
NEW YORK (Nov 18): U.S. stocks retreated from record closing highs on Tuesday, ending lower as surging COVID-19 cases, the growing threat of a fresh…
KUALA LUMPUR (Nov 18): The ringgit strengthened past the 4.1000 level against the US dollar at 4.0965 in morning trade today as the greenback weakened in anticipation…
NEW YORK (Nov 18): Asian equities were set for a sluggish open on Wednesday, tracking a lower Wall Street session as concerns over rising coronavirus…
KUALA LUMPUR (Nov 17): Penny stocks have dominated the top active stocks in recent months. Interestingly, many of them are related via cross shareholdings. The top…
KUALA LUMPUR (Nov 18): Chemical Company of Malaysia Bhd’s (CCM) share price rose more than 7% in morning trade today after Batu Kawan Bhd announced yesterday the…
SINGAPORE/BEIJING (Nov 18): Sinovac Biotech’s experimental COVID-19 vaccine CoronaVac triggered a quick immune response but the level of antibodies produced was lower than in people who had…
The dollar has softened, and cyclical currencies have firmed as the MSCI Asia-Pacific equity index rallied over 1% to its highest level since its inception in 1987. Japan’s Nikkei 225, which has been an investor favourite in the ‘great rotation’ into cyclical stocks, resumed its outperformance, rallying over 2% to a new best since 1991. […]
The dollar has softened, and cyclical currencies have firmed as the MSCI Asia-Pacific equity index rallied over 1% to its highest level since its inception in 1987. Japan’s Nikkei, which has been an investor favourite in the ‘great rotation’ into cyclical stocks, resumed its outperformance, rallying over 2% to a new best since 1991. European […]