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…
Markets
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…
Sidrec: Number of claims, enquiries received up 11% to 266 in 2023
KUALA LUMPUR: The Securities Industry Dispute Resolution Centre (SIDREC) received 266 claims and enquiries in 2023, up 11 per cent from 239 in…
S&P, Dow extend closing streaks despite Disney drag
The S&P 500 and Dow Jones Industrial Average both clung onto gains to end slightly higher on Tuesday, extending recent…
FBM KLCI’s bullish momentum
The FBM KLCI hit a new milestone recording RM2 trillion in market capitalisation for the first time ever as the…
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…