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LONDON: Britain will "modernise" its listing rules to attract more high-growth and "blank cheque" SPAC company flotations to London, Finance Minister Rishi Sunak said on Tuesday.
TOKYO: Nippon Steel Corp, Japan’s top producer, is shifting its focus to recycling the metal as ambitious net-zero emission targets intensify a race to develop cleaner steel.
HONG KONG: One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd and Xiaomi Corp while some current heavyweights could face selling pressure, according to analysts and fund managers.
KUALA LUMPUR: The FBM KLCI turned positive on Tuesday as buying support returned on the back of the market's recovery theme.
KUALA LUMPUR: Fund buying of Tenaga Nasional underpinned the FBM KLCI’s early gains while semicon and tech stocks were among the top gainers, riding on the overnight rally on Wall Street.
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.
PETALING JAYA: The exodus of investors from glove stocks showed no signs of stopping even as valuations turned more attractive such as in the case of Top Glove Corp Bhd, (pic) where its price-to-earnings ratio (PER) dropped to a single digit.
WARREN Billionaire Buffett (pic) made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year old billionaire was hardly inactive.
LONDON: Aviva Plc says it will eliminate carbon emissions across all its activities by 2040, the first insurer to make such a commitment.
KUALA LUMPUR: Tenaga Nasional underpinned the FBM KLCI’s early advance as the market started the March trading month on Monday on a mixed note as glove makers continued to come under selling pressure.