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European stocks calm as US closes market for 4th of July
LONDON: European stock markets traded in a narrow range Friday as investors caught their breath after big losses the day before on U.S. jobs data.
Paving the way forward
No doubt, Prime Minister Datuk Seri Najib Tun Razak appears to be pushing the right buttons in dismantling long-held rules that have served as impediments to the capital market, and hence, nation's growth.
Lure of British properties
FOR the past several months, Malaysians have been toying with the idea of having a bit of England, predominantly London, to call their own. Be it aspirational or otherwise, they have cited several compelling reasons for that interest.
Strong demand for Rio’s rights offer
SYDNEY: Rio Tinto Ltd sold virtually all of the UK part of its US$15.2bil rights offer, the world's fifth biggest, easing its huge debt burden and putting the world's top iron-ore miner back in growth mode.
India needs sweeping reforms
NEW DELHI: India could see growth of around 7% this year and more in coming years if it makes sweeping reforms including the removal of fuel subsidies and accelerates infrastructure development, a government report said yesterday.
Views on the new measures
DATUK SERI JAMALUDIN IBRAHIM: THE measures illustrate the emphasis given by the Government. They (Government) are putting more meat into the whole drive to propel the country to move forward.
Doomsday fears pushed aside, Wall Street did well in Q2; What lies ahead?
NEW YORK: Doomsday fears and predictions have been pushed aside and Wall Street did well in the second-quarter. Now what lies ahead in the third-quarter?
A potential new bullish wave
b>REVIEW:/bBursa Malaysia opened the week on a mixed note, with the benchmark Composite Index (CI) rising 2.38 points, or 0.22% at 1,061.88 amid advances in selected blue-chips. Elsewhere, second and third lower were mostly unchanged.
Near-term technical outlook bullish
The near-term technical outlook for the KLCI is beginning to look bullish after regional markets rebounded strongly in the last two sessions.
