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Business 04 May 2017 | 12:00 AM

Why the Saudis’ MSCI bid matters

DUBAI: Saudi Arabia wants foreign money, and it’s been overhauling one of the world’s most conservative financial markets to get it.

Business 19 Apr 2017 | 12:00 AM

HK paper billionaires exposed

HONG KONG: They are classic Hong Kong stories: people who, in a blink, became stock-market billionaires. But exactly what’s behind much of this wealth is something of a mystery.

Corporate News 30 Mar 2017 | 8:45 AM

This Chinese stock soared 4,500% on Nasdaq and no one knows why

NEW YORK: Investors who put money into U.S. index funds usually aren’t looking for surprises. Those who bought into the Russell 2000 recently got one anyway: a little-known Chinese stock that went crazy for no apparent reason.

Business 02 Dec 2016 | 1:49 AM

Breakfast briefing: Friday, December 2

Breakfast briefing: Friday, December 2

Business 02 Dec 2016 | 12:00 AM

FTSE Russell adds IJM Corp to FBM KLCI

KUALA LUMPUR: FTSE Russell, the global index provider, has announced one change to the constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI) with IJM Corp Bhd added to the index and SapuraKencana Petroleum being deleted.

Business 24 Jun 2016 | 10:40 PM

933mil shares worth US$20bil executed in Nasdaq's "closing cross" in 0.8 seconds

NEW YORK: FTSE Russell reconfigured its indexes at the close in an annual event that triggered the highest trading volume for any session in almost five years and added to Friday's high volatility in the U.S. share market. Trades in about 933 million shares representing $20.6 billion were executed in Nasdaq's "closing cross" in 0.8 seconds across some 2,464 Nasdaq-listed stocks, according to bourse.

Economy 23 Jun 2016 | 4:34 PM

Index shifts and Brexit vote could make Friday freaky on Wall St

NEW YORK: Friday could offer an especially wild ride on Wall Street as traders react to the vote on British membership in the European Union and adjust their portfolios to the annual reconstitution of the widely followed Russell stock indexes.

Business 20 Jun 2016 | 12:44 AM

Breakfast briefing: Monday, June 20

Breakfast briefing: Monday, June 20

Business 19 Jun 2016 | 10:56 PM

Friday could be the busiest trading day of the year in US markets

NEW YORK: U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union.

Business 03 Jun 2016 | 12:00 AM

Hap Seng added to FBM KLCI main index

KUALA LUMPUR: FTSE Russell, the global index provider, has announced one change to the constituents of the FBM KLCI with Hap Seng Consolidated added to the main index and UMW Holdings being deleted.