Stocks, dollar take tariff hit; gold gets safety bid
SYDNEY: Stock markets slid in Asia on Monday after U.S. President Donald Trump threatened to slap extra tariffs on eight European nations until the U.S. was allowed to buy Greenland, pushing the dollar down against the safe-haven yen and Swiss franc.
FBM KLCI slips as traders turn cautious on growing geopolitical tension
KUALA LUMPUR: The FBM KLCI remained slightly negative at midday as traders held off on buying equities amid the escalating geopolitical tension between the US and EU over the weekend.
World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
LONDON: Global markets are facing volatility after President Donald Trump vowed to slap tariffs on eight European nations until the U.S. is allowed to buy Greenland, injecting fresh trade uncertainty as stocks slid and the dollar broadly weakened.
Foreign funds log second straight week of net inflows of RM716.1mil
KUALA LUMPUR: Foreign investors extended their net buying streak for a second consecutive week, recording net inflows of RM716.1 million, the largest since mid-May 2025 at RM1.68 billion and about 16.8 times higher than the previous week.
FBM KLCI slips on profit-taking as US-EU geopolitical tension escalates
KUALA LUMPUR: The FBM KLCI pulled back on Monday after the previous week's rally as traders looked ahead towards corporate earnings and new developments in the escalating feud between the EU and the US over Greenland.
Hopes for broad-based recovery fragile
PETALING JAYA: Sustained foreign inflows will be crucial to broaden market participation and meaningfully lift Bursa Malaysia's trading momentum, as the market's current rebound remains fragile and largely index-led.
FBM KLCI retreats on profit-taking despite stronger GDP data
KUALA LUMPUR: The local bourse moved into negative territory as investors took some money off the table following the recent rally, snapping a five-day winning streak amid mixed performance across regional markets.
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
KUALA LUMPUR: Rakuten Trade has revised upward its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,810 for the full year, from an earlier target of 1,730.
FBM KLCI dips after five-day rally, poised to end on a weekly gain
KUALA LUMPUR: Traders may be cashing in on recent gains as the earlier lead in the FBM KLCI evaporated on profit-taking activities.
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
SINGAPORE: Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat U.S. economic data left traders trimming bets on rate cuts there.
