Investor excess goes global as signs of froth emerge in Asia

ASIA'S financial markets are showing signs of froth as investment pours into nations that have so far contained the Covid-19 coronavirus better than their Western counterparts.

Wall St ends lower as investors weighed stimulus hopes and bleak jobs data

NEW YORK: Wall Street closed lower on Thursday after making a u-turn toward the end of the session as reports emerged about U.S. President-elect Joe Biden's pandemic aid proposal following earlier data that showed a weakening labor market

Felda buys 22mil FGV shares

Offer for Carrefour raises food sovereignty concern

French Finance Minister not in favour of US$20bil approach

Glove stocks weigh on KLCI, tech stocks climb

KUALA LUMPUR: Glove makers weighed on Bursa Malaysia on Thursday as investors took profit after the rebound and piled into semiconductor and tech-related counters.

Nikkei ends at three-decade high on tech, brokerage shares boost

TOKYO: Japan's benchmark Nikkei stock average closed at its highest level in three decades on Thursday, helped by a rally in tech shares and better-than-expected core machinery orders.

Asia shares make cautious gains Thursday

GLOBAL MARKETS-Stocks rise on Fed moves

NEW YORK: Treasury yields fell on Wednesday after Federal Reserve officials steered clear of tightening monetary conditions anytime soon despite expectations of higher inflation, while stocks and the dollar edged higher.

Short-term rates close stable on Bank Negara’s operations

KUALA LUMPUR: Short-term interbank rates closed stable yesterday on Bank Negara’s operations to absorb surplus liquidity from the financial system.

Yinson projected to win at least one FPSO job

PETALING JAYA: Yinson Holdings Bhd is expected to win at least one floating production storage and offloading (FPSO) contract and may look at fundraising to fund any new projects.