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…
Markets
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…
Bursa Malaysia snaps two-day winning streak
Bursa Malaysia ended trading at an intraday low yesterday, snapping a two-day winning streak as investors hesitated to make significant…
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…