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SINGAPORE - Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said.
KUALA LUMPUR: The FBM KLCI rebounded after the previous session's heavy losses, and defying the steep decline on Wall Street as tech stocks dragged on investor sentiment.
Trading ideas: KLK, KLCCP Staple Group, TSH Resources, UWW Holdings, Farm Fresh, Boustead Heavy Industries, Menang, Perak, Sime Darby, Malakoff, Pekat Group and GDeX
KUALA LUMPUR: Stocks that could see increased investor interest include Kuala Lumpur Kepong, KLCCP Staple Group, TSH Resources, UWW Holdings, Farm Fresh, Boustead Heavy Industries, Menang, Perak, Sime Darby, Malakoff, Pekat Group and GDeX, said JF Apex Research.
SYDNEY: Asian shares slid on Tuesday as relief at a rally on Wall Street was punctured by a retreat in U.S. stock futures, while the euro held near one-month highs as odds narrowed on a July rate rise from the ECB.
(Reuters) -Snap Inc said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours sell-off.
KUALA LUMPUR: The domestic market was seen bouncing higher on Tuesday as a rally on Wall Street helped to alleviate the selling pressure.