Insight – Sea’s secretive billionaire CEO opens up after 75% stock crash
LAST Monday, Sea Ltd employees were starting their week when an email from chief executive officer Forrest Li arrived. Read full story
Tag Archives: Stock Market
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Velesto Energy set to return to the black
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Trading ideas: Reservoir Link Energy, Minetech Resources, Hong Seng and Complete Logistic Services
KUALA LUMPUR: Stocks with recent corporate news flow include Reservoir Link Energy, Minetech Resources, Hong Seng and Complete Logistic Services, said JF Apex Research. Read full story
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Ringgit opens slightly weaker against US$
KUALA LUMPUR: The ringgit opened slightly weaker against the stronger US dollar after the latest strong economic data amidst rising inflationary pressures further suggests that the Federal Reserve (Fed) is on track to gradually remove the monetary policy accommodation. Read full story
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Growing list of negatives add to selling pressure
KUALA LUMPUR: Bursa Malaysia continued its sell-off as a confluence of negatives added to the volatility and downside pressure on global equities. Read full story
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Berjaya Food's outlook grows brighter
KUALA LUMPUR: Berjaya Food Holdings Bhd’s recovery momentum is expected to accelerate with the reopening of the country’s borders on April 1. Read full story
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Funds dump CBOT wheat shorts on epic rally; end users snap up corn –
FORT COLLINS, Colo.: Many speculators were on the wrong side of the Chicago wheat market when Russia invaded Ukraine and therefore unprepared for last week’s price action in the futures market. Read full story
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Oil prices fall, continuing downward trend from last week
NEW YORK: Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine. Read full story
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EU wants less dependence on imported products
VERSAILLES: European Union (EU) leaders have pledged to cut their dependence on global suppliers of food, microprocessors, drugs, raw materials and digital technologies, as Russia’s invasion of Ukraine added a new argument for the EU to be more self-reliant. Read full story
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Trading ideas: UEM Edgenta, Velesto Energy, CBIP, Scientex Packaging, Advance Synergy and Fast Energy
KUALA LUMPUR: Stocks with recent corporate news flow that may see investor interest on Monday include UEM Edgenta, Velesto Energy, CBIP, Scientex Packaging, Advance Synergy and Fast Energy, said JF Apex Research. Read full story
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Investors search for direction amid continued volatility
KUALA LUMPUR: The domestic market stayed mostly flat in early morning trade amid ongoing market volatility as investors watch for more developments in the Russia-Ukraine conflict and ahead of the US Federal Reserve’s monetary policy decision later this week. Read full story