Hong Kong stocks fall despite Wall Street records, but China resource plays bullish
SHANGHAI: Hong Kong stocks dipped on Wednesday, as Asian equities slipped from 10-year highs despite Wall Street hitting record highs overnight.
SHANGHAI: Hong Kong stocks dipped on Wednesday, as Asian equities slipped from 10-year highs despite Wall Street hitting record highs overnight.
The dollar carved out new rebound highs versus the yen and euro, among some other currencies, though traded lower in some cases, most notably the pound, which rallied strongly following perkier than expected UK inflation data. USD-JPY continued to gain as markets react to a sense of reduced risks stemming from North Korea and Hurricane […]
The dollar rebound rally has lost gas, with EUR-USD edging out a two-day high and the buck trading softer versus sterling, the Australian dollar, among others, although USD-JPY still managed to eke out a 12-day high. The dollar had been shorted into the weekend, when concerns about the impact of Hurricane Irma and fresh ratcheting […]
One of the distressing trends I have been keeping track of for the last several years is the “rental affordability crisis.” This is the moniker put on the trend by the Department of Housing and Urban Development for the fact that rents have been rising far faster than income among the lower quartiles, causing the […]
CUPERTINO, Calif. (Sept 13): Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief…
KUALA LUMPUR (Sept 13): The FBM KLCI crossed the 1,790-point level in early trade this morning, in line with the gains at most regional markets,…
KUALA LUMPUR: UEM Group Bhd and the Employees Provident Fund (EPF) yesterday said they currently have no intention to sell their respective stakes in highway…
KUALA LUMPUR (Sept 13): IOI Corp Bhd rose 3.74% this morning after it sold its 70% controlling stake in specialty edible-oils provider IOI Loders Croklaan…
KUALA LUMPUR (Sept 13): The FBM KLCI remained above the 1,790-point level at mid-morning today, lifted by select blue chips in line with gains at…
KUALA LUMPUR (Sept 13): The Employees Provident Fund (EPF) intends to invest US$3-US$4 billion to support infrastructure redevelopment in the United States, according to Prime…
KUALA LUMPUR (Sept 13): The FBM KLCI retreated at the midday break, tracking wobbly regional markets, slipping below the 1,790-point level. At 12.30pm, the benchmark index…
KUALA LUMPUR (Sept 13): Malaysia’s natural rubber (NR) production rose 8.7% in July to 54,994 tonnes, as compared with 50,614 tonnes in the previous month,…