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…
Category: Markets
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…
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…
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…