Rating upgrade to spur fund inflows
Analysts and fund managers are expecting further foreign fund inflows following a country upgrade by JPMorgan from “underweight” to “neutral.”
Markets
FBM KLCI in the red; ringgit rises to 6-month high
KUALA LUMPUR: Investors chose to pause for breath today and take profits following the recent gains while the ringgit rose…
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.…
FBM KLCI rises on dovish Fed remarks, ahead of BNM OPR
KUALA LUMPUR: The FBM KLCI continued its rally as Wall Street stocks continued to pile on gains following dovish remarks…
Nvidia leads Nasdaq, S&P 500 to record high closes
The Nasdaq and S&P 500 rallied to record high closes on Wednesday, fuelled by gains in Nvidia and other Wall…
Managers take on Wall Street’s least loved label
One of the most beleaguered financial labels on Wall Street has quietly been making inroads in the private credit market.
Turkiye to enter international bond market for third time this year
Turkiye has entered the international bond market for the third time this year, capitalising on increasing investor confidence as inflation…
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…