China bans wild animal trade until viral outbreak eases

BEIJING: China on Sunday (Jan 26) ordered a temporary ban on the trade in wild animals as the country struggles to contain a deadly virus believed to have been spawned in a market that sold wild animals as food.

World about to learn if US$1 trillion tech rally was a good idea

HONG KONG: Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than $1 trillion since October.

Short Position: Fallout from Ooi’s arrest

THE nature of the suspension of Atta Global Group Bhd and Heng Huat Resources Group Bhd last week came as a surprise. This week, further disclosure on why the Securities Commission (SC) ordered for the two stocks to be suspended is shocking.

Making ‘bread’ in East Malaysia

Kim Teck Cheong banks on Gardenia-branded food products for growth

Bursa places trading curbs on Icon Offshore securities

COP25, Madrid’19: Too little, too late

COP25, the 25th United Nations (UN) climate talks, in Madrid was a huge disappointment. As I understand it, the talks had two main goals: to seek new commitments for further drastic cuts in emissions of greenhouse gases beyond that promised in Paris‘15; and to agree on a set of regulations for new international carbon markets

Global stocks rise as virus in China not declared global emergency

BANGKOK: Global stock markets rose on Friday (Jan 24) after the outbreak of a new virus in China that that has killed 26 people and led to transport limits in several cities was not declared a global emergency.

Bursa places trading curbs on Icon Offshore shares, rights

KUALA LUMPUR: Bursa Malaysia Securities Bhd has placed trading curbs on the securities of Icon Offshore Bhd and the Icon ordinary rights with warrants (Icon-OR) due to excessive speculation.

SGX eyes US$2.7 trillion factor

SINGAPORE: Singapore Exchange Ltd. will acquire a majority stake in Scientific Beta Pte., an index provider for products enabling investors to track market themes, an increasingly significant trend in global fund management.

Plunging penny stocks stir a mutual fund crisis in Indonesia

JAKARTA: A crisis of confidence is brewing in Indonesia’s mutual-fund industry after some asset managers created products that invested in tiny, illiquid stocks, which have plunged in value.