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THE current situation of the financial markets and geopolitical stage can be described with only one phrase: expect the unexpected.
REVIEW: Just two days before the Dec 15 deadline to fresh US tariffs on Chinese goods, the White House has made China an offer it would be loath to refuse.
THE US dollar witnessed a sell-off, depreciating by 0.95% to 96.775 following risk-on sentiment permeating global markets.
NEW YORK: Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.
BENGALURU: Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.
KUALA LUMPUR: The FBM KLCI maintained a broad-based advance over the morning session on the back of strong gains in Petronas and MISC stocks.
KUALA LUMPUR: Local equities tracked global markets higher as the US Federal Reserve maintained its interest rate and signaled that it may keep borrowing costs unchanged through 2020.
KUALA LUMPUR: Velesto Energy Bhd, M3 Technologies (Asia) Bhd, Damansara Realty Bhd and BIMB Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
NEW YORK: Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
KUALA LUMPUR: Following a period of downgrades, the coming three to six-month outlook for global equities, credit and other income-generating assets looks favourable, based on stabilising global growth and significant US-dollar liquidity injections by the US Federal Reserve (Fed) into the global financial system, says Standard Chartered Private Bank chief investment strategist Steve Brice.