Nasdaq, S&P 500 end sharply lower on chips, megacaps
The S&P 500 and the Nasdaq tumbled on Wednesday as plunging microchip shares, in the face of potential escalation of…
Category: Markets
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…
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 in the red; ringgit rises to 6-month high
KUALA LUMPUR: Investors chose to pause for breath today and take profits following the recent gains while the ringgit rose…
Asian stocks, currencies set for weekly gains on US rate outlook
ASIAN stocks markets and currencies struggled for direction on Friday, but were set to post weekly gains as risk sentiment got…
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…