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PETALING JAYA: Glove maker Harps Holdings Bhd has received the green light from the regulators to proceed with its initial public offering (IPO) on the Main Market, according to sources.
KUALA LUMPUR: The domestic market rebounded on the back of Wall Street's strong performance as investors digested news that the US Federal Reserve may start hiking interest rates sooner than expected.
KUALA LUMPUR: The FBM KLCI ended lower on Monday, as losses in Tenaga Nasional, IHH Healthcare and Sime Darby Plantation offset gains in telcos amid a weak market sentiment.
SEOUL: South Korean stocks are likely to come under selling pressure this week, as investors could take to the sidelines amid weakening local currency and uncertainties from the Fed’s earlier-than-expected timeline for policy tightening, analysts said.
Indonesia's stock exchange halted trading in flagship carrier Garuda's shares Friday after it missed a key bond payment, fanning fears that the virus-hit airline was headed for bankruptcy.
SOME consumer, tourism and hospitality-related stocks have been on a tear over the last few months, as investors expect these industries to recover should vaccination programmes prove to be the elixir to the pandemic.
JAKARTA (Reuters) - Indonesian e-commerce firm Bukalapak is keen to raise as much as US$800 million in an IPO in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought lustre to the local bourse.
DUBAI’s stock market is set for another delisting, raising a question mark over the future of one of the Gulf’s major exchanges, which was launched two decades ago.
PETALING JAYA: Bursa Malaysia Bhd has announced six new additions and four deletions from the FTSE4Good Bursa Malaysia (F4GBM) Index constituents, bringing the total number of constituents to 76, an increase of 217%, for the latest review period of June 2021.
Indonesia's rupiah was on track for its biggest daily fall in over three weeks on Monday amid surging coronavirus infections, while trading in most other Asian emerging markets was muted ahead of a Federal Reserve meeting this week.