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KLCI closes off day's low but banks under pressure

KUALA LUMPUR: Late buying enabled the FBM KLCI to close Monday off the day's low but the market was under pressure due to fund selling of bank stocks and profit taking of Genting and Genting Malaysia.

Lacklustre start for Bursa ahead of US-China talks, Fed rate

KUALA LUMPUR: Bursa Malaysia kicked of the new week on Monday on a lacklustre note, in line with key Asian markets, ahead of the US Federal Reserve meeting and US-China trade talks.

Asian stocks fail to catch Wall Street's Fed cheer as trade angst dominates

TOKYO: Asian stocks struggled on Friday to track Wall Street's exuberance about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded the investor mood in the region.

Faith in the Fed nudges Wall Street higher

NEW YORK: Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.

Rebound in Tenaga helps shore up KLCI

KUALA LUMPUR: Local fund buying of Tenaga Nasional, which was sold down recently, helped the FBM KLCI recoup most of its early losses amid a weaker broader market.