FBM KLCI rebounds as Fed chair comments offer relief
KUALA LUMPUR: A rebound is in store for the FBM KLCI today following a dovish tone from US Federal Reserve…
Category: Markets
US shares end higher, Treasury yields dip as Powell gives rate cut assurances
NEW YORK: Wall Street followed world shares to a higher close on Wednesday and the benchmark U.S. Treasury yield dipped to…
Bond veteran Roberts’ new fund likes safer debt
Bond investing veteran David Roberts is officially buying debt again after cutting his retirement short. His approach: “No AT1s. No…
Significant pressure on Vietnam bonds maturing in 2024
The pressure of corporate bonds maturing in 2024 remains significant, with many businesses needing to pay trillions of Vietnamese dong…
Zantat to raise proceeds of RM14mil from IPO for R&D, upgrades
KUALA LUMPUR: Zantat Holdings Bhd aims to raise RM14mil from its initial public offering (IPO) en route to a listing…
FBM KLCI dips on lack of buying impetus
KUALA LUMPUR: The FBM KLCI traded lower in early trade Wednesday, weighed by select blue chips as lack of buying…
Nasdaq leads Wall St lower as megacaps, chips slide
Wall Street three major indices all retreated more than 1% on Tuesday, with weakness in megacap growth companies such as Apple…
‘Evaluate governance to prevent greenwashing’
Greenwashing is becoming a point of concern globally as the investment into environmental, social and governance (ESG) funds has swelled…
Consolidation on the cards for now
The local equity market could consolidate for a while as investors evaluate the impact the introduction of the service tax…