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…
Category: Markets
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…
Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices
HONG KONG: Hong Kong and Saudi Arabia are exploring the creation of an exchange-traded fund (ETF) tracking Hong Kong indices, Hong…
FBM KLCI drifts as investors await fresh leads
KUALA LUMPUR: The FBM KLCI is expected to trend sideways after hitting the 1,600 level earlier this week as investors…
FBM KLCI drifts sideways in search of fresh leads
KUALA LUMPUR: Malaysia's benchmark stock index erased earlier gains in the lead up the midday break as investors took profit…
FBM KLCI stays firm, but profit-taking pressures mount
KUALA LUMPUR: The rally on the domestic market could be taking a pause as global markets digest recent gains following…