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Corporate News 08 Feb 2019 | 7:39 AM

Quick take: Foreign selling caps Tenaga's advance

KUALA LUMPUR: Shares of Tenaga Nasional Bhd has seen volatile trading in recent days as some foreign funds continued to reduce their stakes in the power giant while some local funds were seen to be picking up the shares.

Markets 30 Jan 2019 | 9:38 AM

Foreign selling of Tenaga drags KLCI lower

KUALA LUMPUR: Sustained foreign selling of power giant Tenaga Nasional dragged the FBM KLCI deeper into the red and was the biggest mover among the 30 stocks on Wednesday.

Business 13 Aug 2018 | 12:00 AM

Hedge fund giant splits with Morgan Stanley on dollar peak call

SYDNEY: Don’t bet on the US dollar rally ending any time soon, says the world’s largest publicly traded hedge fund.

Business 24 Jul 2018 | 12:00 AM

Atos SE agrees to buy Syntel in US$3.4bil US push for Amex and FedEx

PARIS: Atos SE agreed to buy Syntel Inc in a US$3.4bil cash deal to boost the French computer-services provider’s US access, to customers including financials like American Express Co and State Street Corp.

Corporate News 02 Jul 2018 | 5:10 AM

Facebook, Google aren’t tech stocks? What that means for investors

THE technology sector’s dominance of the stock market is about to face a big test.

Business 30 Jun 2018 | 12:00 AM

Stress test serves purpose despite complaints

THIS year’s Federal Reserve stress test declared, once again, that the nation’s largest banks are strong enough to weather a severe recession without being bailed out. The big question is whether determining that is still worth it.

Banking 29 Jun 2018 | 10:12 AM Premium

Goldman Sachs, Morgan Stanley dinged in Fed stress tests

REGULATORS cleared most of the largest U.S. banks to increase their dividends and share buybacks, but forced two Wall Street titans, Goldman Sachs GS 1.47% Group Inc. and Morgan Stanley , to freeze those payouts at recent levels.

Banking 22 May 2018 | 10:35 PM

House votes to ease post-crisis bank rules in victory for Trump(Update)

WASHINGTON: The U.S. House of Representatives passed on Tuesday bipartisan legislation that would ease bank rules introduced in the wake of the 2007-2009 financial crisis, giving President Donald Trump a major legislative victory.