FBM KLCI at highest level since March 2022, rate cut hopes boost global sentiment
KUALA LUMPUR: Bursa Malaysia ended slightly off its intraday high today on renewed hopes of a possible two interest rate cuts…
Markets
Asia rides Wall St rally, dollar sags on inflation relief
TOKYO: Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation…
Bursa Malaysia joins rally on renewed US rate cut hopes
KUALA LUMPUR: Bursa Malaysia piggybacked a regional rally as a key US inflation report backed hopes the central bank will…
Smart Asia IPO public portion oversubscribed 37.98 times
KUALA LUMPUR: ACE Market-bound Smart Asia Chemical Bhd’s public portion shares under its initial public offering (IPO) have been oversubscribed by 37.98 times.
Bursa Malaysia picks up as US indices hit fresh records
KUALA LUMPUR: The overnight record-breaking performances of major US indices are returning some optimism to the domestic market, although the…
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…
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.
Goldman: S&P 500 going nowhere from here
The S&P 500 Index is unlikely to deliver any more gains from now through the end of the year, according…
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…