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KUALA LUMPUR: The rebound on the FBM KLCI fizzled headed into midday as the market sentiment remained weak on news that the government was contemplating a full lockdown in Selangor.
iFast Corp., an online brokerage that’s been Singapore’s best-performing stock over the past year, is betting on China and a retail-trading frenzy to help it grow assets by more than fivefold by 2028.
NEW YORK: Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co.
Price rises to 14-week high as investors hedge risk
PETALING JAYA: Banks’ targeted assistance approach to help needy customers is viewed as the most appropriate solution for now as the movement control order (MCO) 3.0 would likely be a short one.
KUALA LUMPUR: RHB Asset Management Bhd (RHBAM) launched the RHB Sustainable Global Thematic Fund and it expects to achieve asset under management (AUM) of RM100mil within the first six months.
RHB Asset Management Bhd (RHBAM) launched the RHB Sustainable Global Thematic Fund and it expects to achieve asset under management (AUM) of RM100mil within the first six months.
KUALA LUMPUR: The FBM KLCI continued its rebound on the first day of trading after the Raya weekend as it tracked Wall Street's bounce last Friday while anticipating the release of corporate earnings results.
Blue chips advanced in early Monday trade, underpinned by gains in Maybank, Hong Leong Bank and Petronas Dagangan but the broader market continued to be cautious as decliners beat advancers more than two to one.