Japan’s Nikkei drops from record high on chip selloff, yen intervention nerves
TOKYO: The Nikkei share average plunged 2% on Friday, as tech stocks tracked a selloff in Wall Street peers and…
Markets
India’s cooling earnings speed to challenge stock frenzy
Investors in Indian equities expecting a robust earnings season to justify expensive valuations are likely to be disappointed. Strategists predict…
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…
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…