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KUALA LUMPUR: The FBM KLCI extended its rebound for a second day on Friday to rise off two-week lows amid a return of investor interest in glove counters.
KUALA LUMPUR: Bursa Malaysia got off the starting block on a firm note eary Friday, with Hartalega and Top Glove giving the FBM KLCI the much needed boost.
NEW YORK: Asian stocks were set to open higher on Friday as a late Wall Street rally supported global sentiment although weak U.S. data and uncertainty about a stimulus package in Washington have kept a lid on confidence.
TOKYO: An increase in stock financing deals, using warehouses in Malaysia and South Korea, by global traders and financial investors who are taking advantage of super low interest rates to borrow money is limiting supply of physical metals.
PETALING JAYA: Rubber glove makers have again hoisted Malaysia’s benchmark stock index into the positive region even amid negative sentiments from the shaky global economic recovery and local political uncertainties.
BIG changes are afoot in Indian agriculture, driven by Prime Minister Narendra Modi, at considerable political risk. Freeing up farming markets may be as significant as dismantling industrial licences in 1991.
But world’s third largest economy flags economic weakness
US office-sharing firm WeWork on Thursday said it will sell control of its China division to one of its investors - private equity firm Trustbridge Partners - as it steps back from a competitive market where it has suffered low-occupancy rates.
KUALA LUMPUR: The FBM KLCI entered the lunch break in positive territory after spending the early morning session in the red as investors approached recent political developments with caution.
KUALA LUMPUR: The FBM KLCI opened on shaky footing on Thursday as growing political uncertainty and a sell-off in US markets weighed on investor sentiment.