Asia stocks rally as rate cut bets gather momentum; ECB in focus
SINGAPORE: Asian shares gained on Thursday on rising expectations the U.S. Federal Reserve will likely cut interest rates in September, while…
Category: Markets
FBM KLCI pushes on as more US data points to rate cuts
KUALA LUMPUR: The FBM KLCI is rallying again as it takes its cue from Wall Street, which was buoyed overnight…
S&P 500, Nasdaq close at record highs as data supports Fed easing
The S&P 500 and Nasdaq indices hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested…
Nasdaq unit explores private IPOs for startup stakes
Nasdaq Inc’s private market subsidiary is seeking to be the first in the United States to offer companies the option…
Australia gets rare premium in first green bond
Australia has commanded a premium for its first sovereign green bond, as investors are drawn by the nation’s credible framework…
Bursa Malaysia closes lower on profit-taking
Bursa Malaysia closed lower, but the key index remained above the 1,600 psychological level. The decline was primarily due to…
Bursa Malaysia closes higher on bargain hunting
KUALA LUMPUR: Bursa Malaysia closed higher on bargain hunting for stocks currently priced lower than usual after yesterday's profit-taking, said an analyst.
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan, sources say
HONG KONG/SYDNEY: Billionaire Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three people with…
Wall Street stocks end slightly higher as weak jobs data supports rate cut
NEW YORK: U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest…