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KUALA LUMPUR: The FBM KLCI fell into negative territory by the lunch break, dragged lower by glove and bank counters in the final week of the corporate earnings season.
KUALA LUMPUR: Foreign investors continued their selling on Bursa Malaysia last week, offloading RM466.42mil worth of equities against RM40.57mil in the preceding week, according to MIDF Research.
KUALA LUMPUR: Bursa Malaysia rose in early trade as news of the Covid-19 vaccine arriving in Malaysia helped to facilitate optimism over this year's expected recovery.
LONDON: HSBC Holdings Plc is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its centre of gravity.
NEW YORK/LONDON: Bitcoin hit a market capitalization of $1 trillion as it rose to yet another record high on Friday, countering analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices.
AMID a short working week in conjunction of President Day holiday, the US dollar was on a roller-coaster ride under the week review, appreciating 0.12% to 90.59 while trading between a high and low of 90.95 and 90.48, respectively.
It has become clear that further evidence of an economic recovery would be required to take the FBM KLCI into more bullish territory
The FBM KLCI has lagged its regional peers year to date, but prospects may improve later on
A vaccine-fuelled economic recovery and investors’ surging appetite for risk mean that the European equity rally can keep going in 2021, according to strategists.
CRYPTOCURRENCIES are back in vogue largely after Tesla invested US$1.5bil in Bitcoin. Since late 2020, cryptocurrencies dominated by bitcoin, have been on a wild ride.