Bond traders to follow Federal Reserve dots all the way into 2025
Bond traders who have come to terms with the prospect of higher-for-longer interest rates through 2024 are looking towards this…
Markets
Bursa Malaysia higher at mid-morning, led by tech, property stocks
Bursa Malaysia stayed higher at midmorning with technology and property counters soaring, riding on the sectors’ bullish developments. Apple’s push…
Nasdaq, S&P 500 post record closing highs
The S&P 500 and Nasdaq registered record closing highs for a second straight day on Tuesday, helped by a gain…
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…
Sunway joins FBM KLCI constituents, replaces AMMB Holdings
KUALA LUMPUR: Sunway Bhd has been included as one of the 30 constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI)…
FBM KLCI, regional indices push higher on rate cut hopes
KUALA LUMPUR: Investors remained bullish on the FBM KLCI as hopes the Federal Reserve will slash interest rates in September…
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…
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…