Nasdaq hits record close after Powell reassures investors
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal…
Category: Markets
FBM KLCI rises slightly at midday, YTL stocks rally
KUALA LUMPUR: Malaysia's benchmark stock index bounced higher in morning trade after a negative start as investors traded horizontally in…
FBM KLCI moves sideways ahead of key economic data
KUALA LUMPUR: The FBM KLCI continued to drift sideways in a week chockfull of economic releases, which would help to…
S&P 500 barely changes as investors hold tight ahead of inflation data
THE S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they…
Einhorn sees markets ‘fundamentally broken’
David Einhorn put it bluntly. The valuation-be-damned boom in passive investing has “fundamentally broken” markets as it proceeds to crush…
SC: Planners should give sound financial advice
The Securities Commission (SC) is considering full tax exemptions on small amounts of withdrawal from private retirement schemes (PRS) for…
Wall St set for muted open as weak earnings offset jobless claims relief
U.S. stock indexes were set for a muted open on Thursday as a slate of downbeat earnings offset the impact…
FBM KLCI steps back 0.22%, VSTECS hits record
KUALA LUMPUR: The FBM KLCI took a small step back today on profit-taking amid cautious sentiment.
FBM KLCI retreats to 1,600
KUALA LUMPUR: The FBM KLCI retreated to the psychological support of 1,600 points at midday as investors took profit in…