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
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…
Malaysia the sole Asean country to post net foreign inflows in May – AmInvestment
KUALA LUMPUR: Malaysia recorded net foreign equity inflows exceeding RM1 billion in May 2024, making it the only ASEAN country in…
Wall Street stocks end slightly higher as weak jobs data supports rate cut
NEW YORK: U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest…
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…