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…
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…
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…
Dow ends higher, Treasury yields pressure market
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight and closing above 39,000…
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…