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GameStop rallies again
NEW YORK: GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer’s stock price would stabilise after a fierce rally and steep dive that upended Wall Street in January.
Gearing up for inflation
Fund managers and investors are reviewing their strategies to protect their portfolios and wealth
FBM KLCI ends on a low note
There was an all-too-familiar trading pattern on Bursa Malaysia over the past week, as the charts showed early morning jumps on optimism over news flow only to see prices eroded moving into midday.
GLOBAL MARKETS-Globals stock slide on inflation fears
NEW YORK: The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive
Quick take: Oil and gas shares up in active trade
KUALA LUMPUR: Oil and gas (O&G) stocks were the most active stocks on Bursa Malaysia in early trade Monday as oil prices rose after progress on the U.S. stimulus bill.
Wall Street rallies on US stimulus and vaccine hopes
NEW YORK: Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the US$1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.
CBOE seeks approval for bitcoin ETF as price rises
NEW YORK: CBOE global markets is seeking approval from the US Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF), according to a filing, the latest attempt to launch such a product in the United States.
Call for businesses to tap into vast global halal market
KUALA LUMPUR: Malaysian businesses must actively tap into global halal market opportunities as they increasingly look outside the country’s borders for growth, according to speakers at the recent Export Excellence Awards (EEA) 2021 webinar.
GLOBAL MARKETS: Stocks edge down as investors hit pause, watch bond yields
NEW YORK: Global equity markets were little changed on Tuesday as Wall Street retreated and investors took stock of gains from Monday's surge, pausing to gauge whether a bond yield jump had run its course.
US$21 trillion treasuries mystery is bedeviling global markets
NEW YORK: Bond traders have been saying for years that liquidity is there in the world’s biggest bond market, except when you really need it.
