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ALMOST 18 months have passed since FTSE Russell added Malaysian government bonds to its watchlist, but there is yet no conclusive decision on whether the country will be removed from the World Government Bond Index (WGBI)
REVIEW: For Malaysian investors, political anxieties emerged to add to the already voluminous headwinds currently experienced by the stock market.
THE dollar advanced 1.54% to 93.35, near a two-month high as the risk sentiment dents ahead of the November US elections as well as a continued increase in Covid-19 infections.
KUALA LUMPUR: Bursa Malaysia closed Friday off its day's best amid profit taking activities but buying support for Hartalega and Top Glove enabled the FBM KLCI to close on a firmer note.
KUALA LUMPUR: FTSE Russell decided to keep Malaysia's bonds on its negative watch list, following the annual review process, Maybank Investment Research said.
RIO DE JANEIRO/LONDON: Debut trading in Hygo Energy Transition Ltd was suspended on Thursday hours after the liquefied natural gas transport and infrastructure operator's chief executive was named in a corruption investigation in Brazil.
KUALA LUMPUR: Poh Kong Holdings Bhd's net profit in its fourth quarter ended July 31 fell to RM8mil from RM10.57mil a year ago, as stricter operating procedures to curb the spread of the Covid-19 pandemic hurt sales.
HONG KONG: Bank of East Asia Ltd (BEA), which counts Guoco Company Management Ltd as a substantial shareholder, has decided to initiate a sale of its insurance business and is seeking a strategic partner for its mainland China business following a review of its portfolios and assets.