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KLCI bounces as glove makers return to spotlight
KUALA LUMPUR: The FBM KLCI entered the lunch break in positive territory after spending the early morning session in the red as investors approached recent political developments with caution.
China's central bank injects liquidity into market
BEIJING (Xinhua): China's central bank on Thursday (Sept 24) continued to pump cash into the banking system via reverse repos to maintain liquidity.
Asian markets sink again as virus, stimulus, election fan fears
HONG KONG (AFP): Asian markets tumbled Thursday (Sept 24) following another sharp sell-off on Wall Street as investors were bombarded by a perfect storm of problems including rising virus infections, new lockdowns, a slowing economic recovery, stalled US stimulus talks and election uncertainty.
MR DIY inks underwriting agreement to list on Main Market
KUALA LUMPUR: MR. D.I.Y. Group (M) Bhd had on Thursday signed an underwriting agreement with several banks for its IPO which comprises of 941.49 million new and existing shares as it seeks to list on the Main Market of Bursa Malaysia Securities,
OCBC Bank's 'FRANK by OCBC' digital initiative
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd introduced its latest digital banking initiative that offers the mobile generation greater personal control over their finances, namely FRANK by OCBC.
Uncertainties may weigh on markets, PublicInvest Research says
KUALA LUMPUR: Heightened levels of uncertainty on the political scene are likely to be the order of the day again after Opposition leader Datuk Seri Anwar Ibrahim claims he has a “strong, formidable majority” to form a new Federal Government, PublicInvest Research says.
Lebanon's fractious politics puts French lifeline at risk
BEIRUT (Reuters) - Lebanon's sectarian politicians have overshot one deadline they had agreed with France and missing more may put at risk a French lifeline to haul the Middle East nation out of its worst crisis since a 1975-1990 civil war.
Asian business confidence rebounds sharply
BENGALURU: Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/INSEAD survey showed.
Thai central bank studies option of virtual banking licences
BANGKOK: Bank of Thailand’s deputy governor Ronadol Numnonda said the central bank is studying the pros and cons of virtual banking now that central banks in other countries have granted licences for digital banking.
NZ central bank holds rates but hints at easing
WELLINGTON: New Zealand’s central bank held its official cash rate at a record low yesterday but hinted at further easing and warned the economy may need support for a long time as the world grapples with the coronavirus pandemic.
