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Corporate News 17 Aug 2018 | 12:10 AM Premium

Tencent’s rout this year has wiped out over US$175bil in market value

Selloff sparks fears of broader contagion for tech stocks around the world

Markets 01 Jun 2018 | 10:28 PM

Tech leads Wall Street's advance after strong jobs data

NEW YORK: Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S. economy and geopolitical tensions eased.

Markets 15 Mar 2018 | 12:00 AM

Market down on elections?

PETALING JAYA: With the general election just around the corner, the stock market is already reacting ahead of the dissolution of Parliament expected at the end of the month with voting to take place in April

Markets 03 Jan 2018 | 10:30 PM

S&P 500 tops 2,700 on tech advance; Dow, Nasdaq hit records

NEW YORK: The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record closing highs as technology stocks climbed after signs of robust economic growth.

Markets 05 Dec 2017 | 1:13 AM

Asian shares subdued as tech blues offset US tax cut hopes

TOKYO: Asian shares were subdued on Tuesday as investors' rotation out of technology shares took the toll on some of the region's tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment

Business 25 Nov 2017 | 12:00 AM

VS Industry among star tech performers this year

PERHAPS 2017 can be summed up as the year where tech stocks dominated. Strong global spending aside, the emergence of e-commerce and the Internet of Things (IoT) along with the launch of the Digital Trade Free Zone created excitement and the prospects of better earnings.

Corporate News 19 Oct 2017 | 10:40 PM

Dow, S&P 500 eke out record highs, turn up after Fed Powell report

NEW YORK: The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair

Markets 11 Oct 2017 | 12:55 AM

Wal-Mart rally pushes Dow to all-time high

NEW YORK: The Dow Jones Industrial Average hit a record high on Tuesday, helped by a surge in Wal-Mart Stores, while Amazon and Facebook lost ground and investors focused on upcoming quarterly reports.

Corporate News 10 Oct 2017 | 10:30 PM

Wal-Mart rally pushes Dow to all-time high

NEW YORK: The Dow Jones Industrial Average hit a record high on Tuesday, helped by a surge in Wal-Mart Stores, while Amazon and Facebook lost ground and investors focused on upcoming quarterly reports.

Markets 25 Sep 2017 | 9:48 AM

Asian tech, property shares take emerging stocks to two week low

LONDON: Emerging equities hit two-week lows on Monday, weighed down by global politics, the prospect of higher U.S. interest rates, a retreat in tech stocks and weak Chinese property shares.