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…
Markets
‘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…
Bursa to launch soy futures contract this month
Bursa Malaysia will launch the Bursa Malaysia DCE Soybean Oil Futures (FSOY) contract following a licensing agreement with the Dalian…
High-speed futures trader gets the boot
China banned a top-performing quant fund from the stock-index futures market and vowed tighter oversight of high-speed trading, expanding a…
S&P, Nasdaq end at records buoyed by tech stocks
The S&P 500 and Nasdaq closed at record highs on Thursday, buoyed by tech stocks linked to AI, while inflation…
Oil slips on US demand, interest rate fears
SINGAPORE: Oil prices on Thursday fell after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while…
Asian stocks firm before US inflation test; yen gains
TOKYO: Chinese equities and most other regional stock markets climbed on Thursday, while the dollar held its ground against European…
FBM KLCI maintains slight lead on final day of results period
KUALA LUMPUR: The local benchmark stock index managed to keep slightly ahead at midday after a volatile session in which…