equity markets

 
 

Asia stocks supported by global growth optimism, dollar strong

TOKYO, Nov 21 — Asian stocks edged higher today as investors took heart from further evidence of strength in the global economy, while the dollar hovered near a one-week high against its peers thanks to higher US yields and a floundering euro….


Bursa’s LEAP of faith

The global economy is starting to shows signs of strength following years of uncertainties and volatility driven by major events such as US’ General Election and UK’s surprise Brexi. This year, global economic experts and agencies predict that 2017 is a year of recovery for most major economies, including Malaysia. The International Monetary Fund (IMF) […]


Bursa Malaysia falls on selling in heavyweights

KUALA LUMPUR, Nov 15 — Bursa Malaysia slipped to its lowest level since March 15, 2017 to finish at an intra-day low today on continued selling pressure in heavyweights amid weaker crude oil prices. The benchmark FTSE Bursa Malaysia KLCI (FBM…


Global markets falter, focus on central banks

LONDON, Nov 14 — Asian and European equity markets faltered today after a tepid lead from Wall Street, as investors awaited key speeches from powerful central bank chiefs. London gained a slender 0.2 per cent on bright news from supermarket…


Bursa Malaysia open lower

KUALA LUMPUR, Nov 10 ― Bursa Malaysia opened lower today on lack of buying support for local stocks coupled with the weaker overnight performance on Wall Street due to uncertainties over US tax reforms. At 9.05am, the benchmark FTSE Bursa…


Asia stocks near decade highs on buoyant Wall Street, kiwi rallies

TOKYO, Nov 9 — Asia stocks hovered near a decade high today following another record-breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the country’s central bank boosted the recently battered…


Most SE Asia stocks subdued; Vietnam hits fresh near 10-year high

BENGALURU, Nov 8 — Most Southeast Asian stock markets were muted today, with Indonesia slipping from a record close, as investors took a breather in the absence of market-moving data. However, Vietnam stocks firmed to hit a fresh near decade…


Asian currencies weaken as dollar rises despite soft US jobs data

BENGALURU, Nov 6 — Most Asian currencies struggled today after uninspiring US jobs data issued late last week failed to dim the prospects of another US Federal Reserve rate hike in December. Friday’s employment report showed a slowdown in US…


Bountiful Budget to spur activities in 2018

Specialists and industry leaders were optimistic following Budget 2018’s announcement which allocated a sum of RM280.25 billion  centred on improving the lives of Malaysians while ensuring that it covers all sectors of the economy. With overall spending allocated on areas of the economy ranging from education, agricultural, tourism, social subsidies to business incentives, OCBC Bank […]


Tencent’s 2,636pc rally makes this Asian stock boom different

SINGAPORE, Nov 1 — For most of the past two decades, technology companies have been supporting players in Asian equity markets — rarely taking leadership roles during rallies and almost always ceding the spotlight to the region’s giant…