Tag Archives: Stock Market

KUALA LUMPUR: The FBM KLCI stayed in the red at midday as a risk-off mood entered equity markets following Wall Streets sharp sell-off overnight. Read full story

KUALA LUMPUR: Bank Negara Malaysia (BNM) today reiterated that the Malaysian economy will expand between 5.5 per cent and 6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, said Governor Tan Sri Nor Shamsiah Mohd Yunus. Read full story

KUALA LUMPUR: Uni Wall Aps Holdings Bhd’s 80%-owned NS Aero City Sdn Bhd has entered into a memorandum of collaboration with Sun Solutino Pte Ltd to develop certain projects related to Malaysia Vision Valley 2.0. Read full story

KUALA LUMPUR: Bank Negara Malaysia (BNM) has set its priorities to foster the right conditions for Malaysia’s financial sector to capitalise on digitalisation while ensuring that attendant risks are well understood and managed effectively by the financial institutions. Read full story

SINGAPORE: Asian equities rose on Friday and were set for a weekly gain as strong earnings at Amazon.com boosted U.S. futures, while selling in bonds spread to Japan from other markets as investors reacted to hawkish signals from central banks in Europe. Read full story

KUALA LUMPUR: Bursa Malaysia ended the holiday-shortened week mixed, with the key index declining 0.19 per cent due to profit-taking activities following yesterday’s solid performance, an analyst said.  Read full story

TOKYO: It is too soon for the Bank of Japan to tighten monetary policy as the economy has not fully emerged from the pandemic’s hit, Deputy Governor Masazumi Wakatabe said, dousing speculation that creeping inflation could prompt it to tweak yield targets. Read full story

KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, fell to 50.5 in January from 52.8 in December 2021.   Read full story

KUALA LUMPUR: The FBM KLCI extended its gains headed into midday as most blue-chips rallied on the back of recent Wall Street gains. Read full story

GOLD prices hovered on Thursday below the previous session’s one-week high, as the U.S. dollar regained ground ahead of major central bank meetings as their economies grapple with broadening inflationary risks. Read full story

SINGAPORE: Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Read full story

BANGKOK: Border trade between Malaysia and Thailand increased 30.26 per cent to 627.7 billion baht (100 baht=RM12.60) last year following the reopening of all nine checkpoints along the borders of both countries that have boosted economic activities. Read full story