FBM KLCI rises for second day on Fed rate cut optimism
KUALA LUMPUR: The FBM KLCI finished higher for the second straight day, buoyed by investor optimism about potential US rate…
Markets
Sorento Capital gets nod from Bursa for ACE Market IPO
KUALA LUMPUR: Bathroom and kitchen sanitary ware solution provider, Sorento Capital Bhd has received approval from Bursa Malaysia Securities Bhd…
Asia shares steady; kiwi falls as RBNZ cuts eyed
SINGAPORE: Asian stocks hovered near two-year highs on Wednesday on growing bets of imminent U.S. rate cuts, while the New…
Wall St ends subdued as investors await inflation data
US stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out…
Indian regulator mulls relaxing disclosure rules for listed firms
India’s markets regulator is considering easing certain disclosure norms for listed companies, ranging from related-party transactions to large shareholders.
UAE sells US$1.5bil debt in first deal since September
The United Arab Emirates (UAE) sold its first Eurobonds since September, offering investors 10-year dollar debt.
FBM KLCI struggles to extend rebound
KUALA LUMPUR: After snapping a six-day losing streak yesterday, the FBM KLCI could extend its rebound although the sentiment is…
SC sues Datuk Dr Yu Kuan Chon for manipulation
The Securities Commission (SC) has initiated a civil suit at the Kuala Lumpur High Court against Datuk Dr Yu Kuan…
Wall St set for subdued open after economic data; Micron drags chip stocks lower
U.S. main stock indexes were set to open muted on Thursday as a slump in Micron after a lackluster forecast…