Nervous investors tear up ESG playbooks
An anti-green backlash in 2024’s global election-supercycle is already taking a toll on environmental, social and governance (ESG)-focused assets, with…
Markets
Asia stocks falter, yen slump keeps markets on intervention alert
SINGAPORE: Asian shares fell and bond yields spiked on nervousness about inflation on Thursday, while the yen's slide past 160-per-dollar…
Bursa snaps losing streak on bargain-hunting
Bursa Malaysia snapped seven consecutive days of losses to end higher yesterday as bargain-hunting emerged following the recent sell-off, says…
Bursa Malaysia sees strong selling pressure as inflation worries build
KUALA LUMPUR: The domestic market succumbed to selling pressure in the early session as investors took money off the table…
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…
Wall St set for tepid open as tech recovery loses steam
WALL Street's main indexes looked set for a muted open on Wednesday as megacaps dipped and a momentum in chip…
Interactive Brokers says it lost US$48mil due to NYSE glitch
BROKERAGE firm Interactive Brokers said on Wednesday it had lost $48 million due to a glitch at the New York…
SC sues Dr Yu Kuan Chon for market manipulation
PETALING JAYA: The Securities Commission (SC) has initiated a civil suit at the Kuala Lumpur High Court against Datuk Dr…