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KUALA LUMPUR: Malaysia’s blue chips staged a relief rebound early Wednesday, as investor sentiment perked up following the record close on Wall Street as the Ukraine tensions eased.
Malaysia's economic growth is expected to be less robust next year amid a weak external economic environment, but it would rebound marginally in 2014, says the Institute of Chartered Accountants in England and Wales (ICAEW).
KUALA LUMPUR: Malaysia’s ringgit is poised to rebound as the sell-off fueled by fears of a capital outflow eases and focus returns to the economy’s solid fundamentals, according to some currency watchers in the onshore market.
TOKYO: Asian shares recovered from multi-month lows on Friday, as a rebound in U.S. equities on the back of upbeat economic data calmed nerves after a bruising selloff in global markets, but investors remained cautious ahead of next week's Federal Reserve policy meeting.
LONDON: Evidence is growing that the world economy is on the mend. Business surveys on Thursday showed better-than-expected growth in the euro zone and a rebound in China's vast manufacturing sector.
KUALA LUMPUR: Shares of Hibiscus Petroleum and its warrants posted a rebound during late morning on Friday after a heavy selldown the past week, despite the ongoing suspension in its Oman drilling works.