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…
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…
Lim Seong Hai proposes public offering of 191mil shares
KUALA LUMPUR: LEAP Market-listed Lim Seong Hai Capital Bhd (LSH), in conjunction with a proposed transfer of listing to the…
Bursa closes in the red for second day, AmBank weighs on KLCI
KUALA LUMPUR: Malaysia's benchmark stock index ended another day in the red as investors reacted to a dearth of positive…
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…