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KUALA LUMPUR: Bursa Malaysia's FBM KLCI closed off the day's low on Thursday on some buying of key index stocks but concerns about the political environment were not quick to go away.
KUALA LUMPUR: Sustained buying of glove makers Hartalega and Top Glove propelled the FBM KLCI on Tuesday to the highest close since Jan 7 while most key Asian markets also ended higher following a recovery in China's economy.
It’s a first in six months on strong volume
Amazon.com Inc plans to create at least US$100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant.
NEW YORK: kkR & Co Inc said on Wednesday it would acquire Goldman Sachs-backed Global Atlantic Financial Group Ltd, making it the latest private equity firm to add an annuities and life insurance provider to its platform.
SHANGHAI: The Chinese yuan surged on Monday and finished the domestic session at its strongest level in 3-1/2 months, as a spurt in China's stock market on the back of economic recovery optimism underpinned sentiment.
NEW YORK: Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
SHANGHAI: China stocks rallied on Thursday, with the blue-chip index closing at its highest in two-and-a-half years, boosted by Beijing's decision to spend more to prop up the economy.