Short sellers gain US$10bil in second quarter
Short sellers had a lucrative second quarter this year, managing to successfully bet against stocks even as the overall market…
Markets
Former CEO of Naim Indah sued for insider trading
The Securities Commission (SC) has filed a civil suit against Datuk Raymond Chan Boon Siew for insider trading involving the…
FBM KLCI gains momentum to close at 1,618 points
Bursa Malaysia continued its upward momentum to end higher for the second consecutive day yesterday as gains were largely supported…
US consumer prices unexpectedly fall in June
WASHINGTON: U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation…
KL shares rise for third day on bullish local, global sentiments
KUALA LUMPUR: Shares on Bursa Malaysia were mostly higher on Thursday, with the barometer index extending its winning streak to the third…
Stocks stride to record highs ahead of US inflation test
SINGAPORE: Asian stocks rallied to record peaks on Thursday while sterling edged to a four-month high on strong growth figures,…
ACE Market-bound BWYS Group IPO oversubscribed 48.51 times
PETALING JAYA: BWYS Group Bhd’s initial public offering (IPO) has been oversubscribed by 48.51 times, ahead of its listing on…
Investors shore up stock prices ahead of US CPI report
KUALA LUMPUR: The FBM KLCI rallied for a third straight day, in line with investor positivity over the growing likelihood…
Japan’s Nikkei crosses 42,000 points as Wall Street rally spurs sentiment
TOKYO: Japan's Nikkei share average surged to another record high during morning trade on Thursday, as a rally in U.S.…