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…
Markets
Foreign investors’ net selling exceeds US$2.3bil
Foreign investors have net sold Vietnamese stocks on the Ho Chi Minh Stock Exchange with a value of 58 trillion…
Sustainable momentum
After what appeared to be a commendable first quarter of results for Corporate Malaysia, analysts are keeping a cautiously optimistic…
Wall Street set for higher open as rate-cut expectations tick up
U.S. stock index futures edged up on Wednesday as investors strengthened bets for an imminent start to rate cuts by…
Stock exchanges told to improve how they deal with outages
LONDON: Stock exchanges and other trading platforms should draw up and make public plans for dealing with outages to provide greater…
Bursa Malaysia closes lower on profit-taking
KUALA LUMPUR: Bursa Malaysia closed lower, but the key index remained above the 1,600 psychological level. The decline was primarily due to…
Stocks in Asia gain on rate-cut wagers, India markets choppy
SINGAPORE: Asian stocks broadly rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up…
FBM KLCI loses early lead on profit-taking pressure
KUALA LUMPUR: The FBM KLCI ended the early session in the red, dashing hopes that the market's positive momentum would…
FBM KLCI momentum to build after weak US labour data
KUALA LUMPUR: The FBM KLCI is expected to build on its momentum from the previous session as weak economic data…