Arbitrage trade backfires as TSMC frenzy grows
Taipei: The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is…
Markets
Paris loses crown as Europe’s biggest stock market to London
PARIS: France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two…
Bursa average daily value on upward trajectory
PETALING JAYA: With the average daily value (ADV) of the local equity market having exceeded expectations, UOB Kay Hian (UOBKH)…
Notion VTec gets UMA query on sharp rise in share price
KUALA LUMPUR: Notion VTec Bhd has received an unusual market activity (UMA) query from Bursa Malaysia Securities today due to…
Bursa Malaysia in talks with Mulia Property for TRX relocation
KUALA LUMPUR: Bursa Malaysia Bhd has confirmed that discussions with Mulia Property Development Sdn Bhd are still ongoing regarding its…
Asia shares push higher; RBA stands pat on rates
SINGAPORE: Asian stocks tracked Wall Street higher on Tuesday ahead of a chorus of Federal Reserve officials due to speak…
ACE Market-bound BWYS aims to raise RM56.4mil from IPO
KUALA LUMPUR: BWYS Group Bhd aims to raise RM56.4 million from its upcoming initial public offering (IPO) on the ACE…
FBM KLCI rises amid weaker broader market
KUALA LUMPUR: Malaysian benchmark stock index rose on Tuesday morning trade, in line with other regional indices, as markets tracked…
Shanghai shares end at two-month low as traders gauge lacklustre data
SHANGHAI: Mainland China and Hong Kong stocks ended lower on Monday, with the key benchmark closing at its lowest level…