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Volatility in the global markets was sucked out, leaving major currencies mostly range-bound as investors took the sidelines ahead of Thursday’s development – US May CPI print and European Central Bank (ECB) monetary meeting.
Top Glove Corporation Bhd’s net profit for the third quarter ended May 31 surged to RM2.03bil from a year ago but the quarter-on-quarter performance was softer as selling prices peaked in February.
KUALA LUMPUR: The FBM KLCI bucked the downtrend seen in most regional stock markets to stay in positive territory.
KUALA LUMPUR: The FBM KLCI advanced on Tuesday as it reopened after the long weekend as the number of daily new Covid infections showed a growing decline.
KUALA LUMPUR: The ringgit opened higher against the US dollar today on the back of the expectation of an economic recovery as new COVID-19 cases showed a downtrend, a dealer said.
Weibo, a Chinese social-media service, appears to have blocked some crypto influencer accounts on Saturday.
Telekom Malaysia is beneficiary of work-from-home, 5G deployment
SYDNEY: An extended sell-off drove Asian shares to their lowest in seven weeks on Wednesday as surging commodity prices and growing inflationary pressure in the United States prompted markets to bet on earlier rate hikes and higher bond yields globally.
INARI Amertron Bhd’s plan to raise up to RM1.07bil via a private share placement exercise has raised eyebrows.