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Bursa Malaysia joins key Asian market’s rally early Tuesday

KUALA LUMPUR: Bursa Malaysia joined the key Asian market’s rally early Tuesday after the easing tensions between the US and North Korea, with stocks including Lotte Chemical Titan, refinersand chip makers among the top gainers.

Business

Asian shares, US$ rally as North Korea blinks

TOKYO: Asian shares rallied and the dollar firmed on Tuesday after North Korea's leader signaled that he would delay plans to fire a missile near Guam, further easing tensions and prompting investors to move back into riskier assets.

Business

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Aug 15

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Aug 15.

Business

Breakfast briefing: Tuesday, August 15 (Update)

Breakfast briefing: Tuesday, August 15

Business

Philippines says its economic strength will bolster weak peso

MANILA: The Philippine government, seeking to reduce concerns about a sliding peso, said the country’s strong economy and attractiveness for investors will bolster the currency.

Business

Pound turbulence seen as economics and politics collide

LONDON: The pound may be in for a bout of volatility, according to analysts at ING Groep NV, after a week that saw the currency confined to its tightest range versus the dollar in almost three years.

Business

Malaysia's economy seen on uptrend for next three to five years

KUALA LUMPUR: Malaysia’s economy is expected to be on an uptrend for the next three to five years, supported by strong local and foreign investments, increase in exports as well as consistent government support for the companies.

Business

Oil prices fall 2.5% on strong US$, weak China data

NEW YORK: Oil prices tumbled more than 2.5 percent on Monday in volatile trade, as dollar strength and weak domestic demand data in China hammered prices that had received a short-lived boost on concerns about potential reductions in crude supply from Libya.

Business

Wall Street jumps as North Korea tensions wane

NEW YORK: U.S. stocks recovered further on Monday from last week's selloff, with the S&P 500 posting its biggest one-day percentage gain since April as worries eased about a conflict between the United States and North Korea

Business

S&P, Nasdaq rise 1% as N.Korea tensions wane

NEW YORK: The S&P 500 and the Nasdaq Composite rose more than 1% in late morning trading on Monday as investors returned to riskier assets after tensions in the Korean peninsula eased.