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Overvalued stocks – a call for vigilance

27 March 2017

SHOULD it be taken as a warning sign that world stocks are seen as most overvalued in 17 years, as revealed by a Bank of America Merrill Lynch (BAML) survey of fund managers?

US bull market not dead as tax reform takes spotlight

27 March 2017

NEW YORK: The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts.

Malaysian stocks likely to inch higher next week

25 March 2017

KUALA LUMPUR: Bursa Malaysia is likely to trend higher next week, with the benchmark index inching towards the 1,780-level, supported by positive local economic news and the return of calmness after the sharp drop on Wall Street early last week.

US stocks: The weekahead

25 March 2017

NEW YORK: The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts.

US business spending picking up, but may slow in second quarter

25 March 2017

WASHINGTON: New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter.

Instant View - Republicans pull Obamacare repeal bill

25 March 2017

(Reuters) - Republican leaders of the House of Representatives pulled legislation to overhaul the U.S. healthcare system from consideration on Friday due to a shortage of votes, despite desperate lobbying by the White House and its allies in Congress, dealing a stiff setback to President Donald Trump.

Constructive uptrend

25 March 2017

REVIEW: Taking the cue from a lower Wall Sreet overnight, shares on Bursa Malaysia kicked off the week on an easier note, with the FBM KLCI declining 1.13 points to 1,744.07 owing to apparent profit-taking activity.

Wall St opens higher; healthcare bill vote awaited

24 March 2017

NEW YORK: Wall Street opened higher on Friday, helped by a rise in technology shares and ahead of a closely watched vote on a healthcare bill seen as a test of President Donald Trump’s ability to pass his legislative agenda through Congress.

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