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Glove stocks make strong rebound ahead of earnings results
KUALA LUMPUR: The FBM KLCI extended a positive retracement on Wednesday as investors overcame earlier anxieties over a sell-off in US Treasuries.
GLOBAL MARKETS: Stocks edge down as investors hit pause, watch bond yields
NEW YORK: Global equity markets were little changed on Tuesday as Wall Street retreated and investors took stock of gains from Monday's surge, pausing to gauge whether a bond yield jump had run its course.
Improving corporate earnings boon to market
PETALING JAYA: The improving corporate earnings, supported by the reopening of the economy as the Covid-19 vaccination programme expands, will help lift the Malaysian equity market.
Wall Street bullishness close to flashing sell signal
NEW YORK: Stock market optimism among Wall Street strategists has risen close to levels that signaled trouble for equities in the past.
Wall Street rallies on US stimulus and vaccine hopes
NEW YORK: Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the US$1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.
Foreign investors sell RM477.5mil local equities in final week of February
KUALA LUMPUR: Foreign investors disposed of RM477.5mil net of local equities during the final week of February 2021 compared to the RM466.4mil disposed of in the preceding week.
SoftBank-backed Loggi valued near US$2bil in funding round
SAO PAULO: Brazilian delivery startup Loggi Tecnologia Ltd, which is backed by SoftBank Group Corp and Microsoft Corp, raised 1.15 billion reais (US$205mil) in its latest funding round that now values the company at close to US$2bil.
Aviva sets target for net-zero carbon emissions
LONDON: Aviva Plc says it will eliminate carbon emissions across all its activities by 2040, the first insurer to make such a commitment.
KLCI back in the red, gloves extend declines
KUALA LUMPUR: The FBM KLCI erased earlier gains to dip into negative territory, repeating the trading pattern seen in previous sessions.
