Wall Street set to fall as megacap chip, tech stocks tumble
INDEXES were set to open lower on Wednesday, as declines in major chip and tech stocks led broad-based market losses…
Category: Markets
Ewein to change name
KUALA LUMPUR: Ewein Bhd will change its name to Skygate Solutions Bhd effective July 19.
FBM KLCI hit fresh 3-year high on strong buying interest
KUALA LUMPUR: The FBM KLCI climbed to a fresh three-year high on Wednesday, bucking the downward trend seen in most…
FBM KLCI pulls back on profit-taking
KUALA LUMPUR: The FBM KLCI slipped back in the early session but remained on course to end on a weekly…
Japan’s Nikkei drops from record high on chip selloff, yen intervention nerves
TOKYO: The Nikkei share average plunged 2% on Friday, as tech stocks tracked a selloff in Wall Street peers and…
India’s cooling earnings speed to challenge stock frenzy
Investors in Indian equities expecting a robust earnings season to justify expensive valuations are likely to be disappointed. Strategists predict…
Well Chip public offering oversubscribed 12.87 times
KUALA LUMPUR: The public issue of Well Chip Group Bhd's initial public offering has been oversubscribed 12.87 times.
FBM KLCI slips as Wall Street indices fall on rotational selling
KUALA LUMPUR: The FBM KLCI saw some short-term profit-taking following a fall in the S&P500 and Nasdaq indices overnight as…
Nasdaq ends sharply lower as investors rotate out of Big Tech
The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia, Apple and Tesla as investors rotated into smaller…