Asia stocks boosted by tech rally, Fed rate cut wagers
SINGAPORE: Asian shares rose to a one-month high on Wednesday, buoyed by a rally in tech stocks, while the dollar…
Markets
FBM KLCI falls as investors take profit
KUALA LUMPUR: The FBM KLCI descended into negative territory as the domestic market continued to consolidate amid an absence of…
FBM KLCI to continue consolidation, oil and gold counters rally
KUALA LUMPUR: The FBM KLCI could be seeing further consolidation above the 1,600 psychological level in the absence of fresh…
UBS sees bond spreads widening slightly
NEW YORK: US corporate bond spreads may widen modestly from current levels by the end of the year, but generally…
FBM KLCI reverses early gains to end at intraday low
KUALA LUMPUR: The FBM KLCI pared its gains and settled in negative territory on Tuesday, following a long weekend, as…
US mops up a third of global capital since Covid
NEW YORK: In the face of calls around the world to diversify out of the dollar in recent years, the…
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…
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)…