stock market

 
 

Wall Street closes slightly higher, industrials lead

NEW YORK, April 19 — Industrials led the S&P 500 and the Dow moderately higher yesterday after robust US economic data and some healthy corporate earnings reports. All three major US stock indexes closed in positive territory heading into the…


Stock markets ‘checked out’ ahead of Easter break

LONDON, April 18 — Stock markets were mixed today as investors wound down their positions before the Easter break, with positivity surrounding China-US trade talks and healthy Chinese growth failing to fire much buying activity. After Wall Street…


China says US trade agreement not yet settled

BEIJING, April 18 — China said today there is “still much work to finish” on the text of a trade agreement with the United States. US President Donald Trump yesterday held out hope the current trade talks with China will be a success, and said…


Pinterest prices IPO at US$19 to begin trading today

SAN FRANCISCO, April 18 ― Pinterest yesterday announced it would price its initial public offering at US$19 (RM78.58) a share to begin trading on Wall Street the following day. The online bulletin board popular among women is offering 75 million…


Ringgit under added pressure after doubt over Malaysia’s spot in bonds market

KUALA LUMPUR, April 18 — News that Malaysia might be disqualified from the World Government Bond Index (WGBI) weighed heavily on the ringgit in the global currency market yesterday. A report by Starbiz also predicted local selloff would intensify,…


Trump says US, China trade talks to be 'successful'

WASHINGTON, April 18 ― US President Donald Trump yesterday held out hope the current trade talks with China will be a success, and said an announcement on the status was due “shortly.” The president's remarks followed a report by The Wall…


European stocks firm at open

LONDON, April 16 — Europe’s main stock markets firmed in opening trade today. In initial deals, London’s benchmark FTSE 100 index of major blue-chip companies rose around 0.2 per cent to stand at 7,448.01 points. In the eurozone, Frankfurt’s…


China’s home prices rise faster in March aided by policy support

BEIJING, April 16 — New home prices in China grew slightly faster in March after growth slowed the previous month, putting a floor on the cooling market, as Beijing rolled out stimulus to boost the economy. The sector’s solid growth could…


Global stocks little changed as Easter break saps volumes

NEW YORK, April 16 — Global stocks finished little changed yesterday following a quiet session as investors eyed the latest in trade diplomacy and US banks reported mixed earnings. The eurozone’s main stock markets edged higher in subdued deals,…


Trump, despite solid US growth, says Fed should fire up crisis-era stimulus

WASHINGTON, April 15 — President Donald Trump said yesterday that actions by the US Federal Reserve have nicked US economic growth and stock market gains by perhaps 30 per cent, and that it should begin pumping money into the economy as it did…