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.
Category: Markets
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…
Power-guzzling AI to drive ESG debt sales
The global artificial intelligence (AI) frenzy is driving demand for energy-intensive data centres, which could end up being a factor…
China cracks down on short sales, quants
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support…
Rating upgrade to spur fund inflows
Analysts and fund managers are expecting further foreign fund inflows following a country upgrade by JPMorgan from “underweight” to “neutral.”
US consumer prices unexpectedly fall in June
WASHINGTON: U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation…
KL shares rise for third day on bullish local, global sentiments
KUALA LUMPUR: Shares on Bursa Malaysia were mostly higher on Thursday, with the barometer index extending its winning streak to the third…
Stocks stride to record highs ahead of US inflation test
SINGAPORE: Asian stocks rallied to record peaks on Thursday while sterling edged to a four-month high on strong growth figures,…