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NEW YORK: United States technology and growth stocks have taken the market’s reins in recent weeks, pausing a rotation into value shares as investors assess the trajectory of bond yields and upcoming earnings reports.
OSLO: Norway's $1.3 trillion sovereign wealth fund, the world's largest, posted a first-quarter profit thanks to strong stock markets, it said on Wednesday.
KUALA LUMPUR: The foreign net outflow on Bursa Malaysia increased to RM490.3mil over the week ended April 23, more than double the amount recorded in the prior week.
NEW YORK: The S&P 500 ended lower on Wednesday after the U.S. Federal Reserve held interest rates and its monthly bond-buying program steady and gave no sign it was ready to reduce its support for the recovery.
THE dollar weakened by 0.27% to 90.61, marking the fourth consecutive week of decline.
NEW YORK/LONDON: Indian financial markets have struggled this month as the world's worst COVID-19 crisis engulfs the country but international investors are betting the economy will rebound quickly once the pandemic has passed.