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KUALA LUMPUR: The FBM KLCI extended a positive retracement on Wednesday as investors overcame earlier anxieties over a sell-off in US Treasuries.
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.
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.
NEW YORK: Stock market optimism among Wall Street strategists has risen close to levels that signaled trouble for equities in the past.
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.
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.
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.
LONDON: Aviva Plc says it will eliminate carbon emissions across all its activities by 2040, the first insurer to make such a commitment.