Global rate cut juggernaut is struggling to start
NEW YORK: Central banks cagey about joining the global interest rate cutting cycle may reveal themselves this week with a…
UBS sees bond spreads widening slightly
NEW YORK: US corporate bond spreads may widen modestly from current levels by the end of the year, but generally…
Goldman Sachs raises S&P 500 target to 5,600
NEW YORK: Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier,…
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KUALA LUMPUR: Here are the headlines from Corporate Malaysia.
S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments
THE S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence…
FBM KLCI opens higher after long weekend break
KUALA LUMPUR: While the FBM KLCI started Tuesday on a positive performance following Wall Street overnight rally, analysts are offering…
Foreign interest in local equities continues with RM202.4mil net purchases
KUALA LUMPUR: Foreign funds continued to flow into Bursa Malaysia for the second consecutive week with a net purchase of…
Ringgit firmer against US$ in early trade
KUALA LUMPUR: The ringgit moved higher against the US dollar in early trade today as investors maintained their cautious stance…
Singapore’s May exports down 0.1% y/y, better than forecast
SINGAPORE: Singapore's non-oil domestic exports edged down 0.1% in May from the same month a year earlier, data on Tuesday…