FBM KLCI stays positive amid volatility in plantations stocks

KUALA LUMPUR: The FBM KLCI partially retraced earlier gains to end slightly higher at midday amid ongoing volatility in plantations stocks following Indonesia's scheduled lifting of its crude palm oil export ban.

US plunge sends domestic shares lower

KUALA LUMPUR: The domestic market opened weaker on Thursday as the plunge on Wall Street overnight revived fears of slowing economic growth due to rising inflation in global markets.

U.S. stocks rise as tech rebounds

NEW YORK, May 17 (Xinhua) -- U.S. stocks climbed on Tuesday, reclaiming some of the massive losses they had suffered recently, bolstered by a solid comeback in tech names.

Bursa boosted by improved sentiment

A crypto first? What happens when a blockchain like Terra dies

The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just as noteworthy: the death of a major blockchain.

Bursa maintains rally ahead of peak reporting season

KUALA LUMPUR: The domestic market continued its rally after the Wesak day holiday as investors looked forward to a raft of corporate earnings to be announced over the next two weeks.

India's Life Insurance Corp set for lacklustre market debut, analysts say

MUMBAI:Life Insurance Corp is likely to see a lacklustre debut when it lists on Indian stock exchanges on Tuesday despite the $2.7 billion initial public offering being oversubscribed, analysts said.

Bitcoin set for record losing streak as 'stablecoin' collapse crushes crypto

SINGAPORE/HONG KONG: Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.

Bursa rally picks up steam following GDP announcement

KUALA LUMPUR: The FBM KLCI sustained its rebound over the morning session as the central bank announced better-than-expected economic growth in the first quarter of 2022.

Bursa bounces after recent heavy losses

KUALA LUMPUR: Bursa Malaysia bounced back after strong selling pressure yesterday on fears that rising inflation could derail global economic growth.