Wall St posts record closes as inflation data fuel rate-cut bets
Wall Street's three major indices notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more…
Markets
Mid-sized IPOs missing from US rebound
The recovery in the US initial public offerings (IPOs) market is underway, with deal volumes growing year-on-year and sentiment improving.
FBM KLCI little changed, glove makers rise
KUALA LUMPUR: Bursa Malaysia could be seeing some positive spillover from Wall Street markets following the release of a US…
China stocks close lower after US tariffs
SHANGHAI: Mainland China shares ended lower on Wednesday, pressured by U.S. President Joe Biden's decision to levy fresh tariffs on…
Glove makers rise in active trading
KUALA LUMPUR: Malaysian glove makers were the target of frenzied buying by investors on Wednesday following news the US will…
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…
Goldman: Stocks with upside risk worth holding
Lofty US equity valuations suggest investors have already priced in a lot of stock market enthusiasm, but that doesn’t mean…
Fraud concerns raise red flags for Mumbai’s booming IPOs
A string of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in…
FBM KLCI ends at intraday low; glove makers rally
KUALA LUMPUR: The FBM KLCI finished at an intraday low on Wednesday, contrasting with the upward surge witnessed in glove…