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More profit-taking amid negative market sentiment
KUALA LUMPUR: Bursa Malaysia continued its bearish trend on Monday to kick off a holiday-shortened week amid the negative market sentiment.
SoftBank Vision Fund loses another managing partner
TOKYO: SoftBank Vision Fund managing partner Colin Fan is leaving his role at the behemoth investment fund, marking the second departure of a managing partner this month, according to people with knowledge of the matter.
Wall Street grows wary of stock bubbles
LONDON/NEW YORK: Growing concerns about stock bubbles on Wall Street are sparking fears of a pullback, highlighted by the wild ride for shares such as GameStop Corp.
Global stocks slip from highs; investors wait on Fed
NEW YORK: Global stocks slipped from record levels on Tuesday, with investors cautious as the Federal Reserve kicked off its two-day policy meeting and U.S. lawmakers continued to debate a new stimulus plan.
Bonds in India head for losses with near-record debt sales seen
MUMBAI: India is poised to sell a near-record amount of debt in the coming fiscal year, pressuring a sovereign bond market that’s increasingly worried about support from the central bank.
GLOBAL MARKETS-Stocks tumble on recovery fears, US$ climbs
NEW YORK: Stocks fell around the world on Wednesday as investors turned more cautious over stretched valuations and the economic impact of the COVID-19 pandemic, while the dollar rose on its safe-haven appeal.
Increase in hiring seen for key sectors
KUALA LUMPUR: The hiring market in Malaysia is likely to remain slow and conservative in most sectors in 2021, with growth expected in key areas such as business strategy, digitalisation, healthcare and renewable energy, according to a survey.
GLOBAL MARKETS-Stocks rise, US$ slips
NEW YORK: The dollar retreated and Wall Street rallied on Thursday as investors looked past weak U.S. GDP and jobless claims data to hopes of a rosier economy ahead and welcomed restrictions on this week's social media-driven trading frenzy.
GLOBAL MARKETS-Stocks slide as social trading roils market
NEW YORK/LONDON: Wall Street and lobal equity markets sank on Friday amid a growing battle on Wall Street between hedge funds and retail investors, while a dispute over COVID-19 vaccine supply in Europe cooled risk appetite
Wall St week ahead: GameStop stock ride weighed as bubble warning
NEW YORK: Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of overexuberance that foreshadow volatility for the broader stock market.
