Bursa slips as US Fed minutes signal recession risk

KUALA LUMPUR: The domestic market is starting out on a weaker footing after the minutes from the US Federal Reserve's recent meeting showed expectations of a mild recession later this year.

At the opening bell, the FBM KLCI was down 1.87 points to 1,433.87, traking the negative performance of Wall Street on the back of the weaker economic outlook.