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China stocks post biggest drop in over 6 months on policy tightening fears
SHANGHAI: China stocks slumped on Thursday, with major indexes posting their worst drop in more than six months, hit by investor concerns that policymakers may be starting to shift to a tighter stance to rein in share prices and property markets.
Cathay Pacific raises US$870mil in convertible bonds to shore up liquidity, shares fall
HONG KONG's Cathay Pacific Airways Ltd said on Thursday it would issue HK$6.74 billion ($869.51 million) of convertible bonds to shore up liquidity, sending shares down as much as 9.4% in the worst daily decline in 12 years.
Asia stocks follow Wall St tumble on valuation worries
ASIAN stocks skidded on Thursday following a sharp Wall Street decline amid deepening concerns about stretched valuations in equities markets, while the dollar and bonds strengthened.
Bonds in India head for losses with near-record debt sales seen
MUMBAI: India is poised to sell a near-record amount of debt in the coming fiscal year, pressuring a sovereign bond market that’s increasingly worried about support from the central bank.
Morgan Stanley, Goldman lead bonus bounce for Asia bankers
NEW YORK: Morgan Stanley and Goldman Sachs Group Inc investment bankers are getting the biggest bonus bumps among peers in Asia after revenue from the region climbed by about a third on increased deal flows.
KLCI snaps losing streak, semicon, tech stocks close higher
KUALA LUMPUR: The FBM KLCI snapped the recent losing streak on Wednesday, which had been triggered by late fund selling, while semiconductor and technology related stocks were among the top gainers.
KLCI rebounds, enroute to ending losing streak
KUALA LUMPUR: The FBM KLCI made a rebound on Wedneday after yesterday's rally fizzled to end on a negative note for the eighth straight session.
Global Covid-19 cases surpass 100m as nations tackle vaccine shortages
BENGALURU: Global coronavirus cases surpassed 100 million on Wednesday, according to a Reuters tally, as countries around the world struggle with new virus variants and vaccine shortfalls.
Disney Plus streaming service eyes Malaysia launch
LOS ANGELES: Plans may be afoot for the launch of streaming service Disney Plus in Malaysia. In the past few days verified accounts for the service appeared on Facebook and Instagram, though the Facebook one was subsequently taken offline.
Global stocks slip from highs; investors wait on Fed
NEW YORK: Global stocks slipped from record levels on Tuesday, with investors cautious as the Federal Reserve kicked off its two-day policy meeting and U.S. lawmakers continued to debate a new stimulus plan.
