FBM KLCI moves slightly higher as traders practise caution
KUALA LUMPUR: The FBM KLCI was little changed on Thursday despite growing optimism and buying momentum in regional markets over a potential resolution to the Middle East conflict.
Asia markets advance on peace deal hopes, corporate earnings
SINGAPORE: Stocks pushed higher in early Asia trading on Thursday as optimism grew about a deal to end the Iran war with the U.S. ratcheting up pressure on Tehran, while traders prepared for a raft of economic data and critical earnings reports.
S&P Global downgrades ASX after Australian regulator finds governance, risk failures
S&P GLOBAL Ratings on Thursday lowered its issuer credit rating for the Australian Securities Exchange to "A+/A-1" from "AA-/A-1+", two weeks after a local regulator flagged governance and risk management failures at the stock exchange operator.
S&P 500, Nasdaq hit record closes on Mideast, earnings optimism
On Wall Street, the benchmark S&P 500 and tech-heavy Nasdaq Composite rallied to record closing highs on Wednesday as investors were encouraged by corporate earnings and hopeful of progress in US-Iran negotiations.
Select consumer stocks to ride out cost volatility
Select consumer stocks can leverage on investor interest as the economy digests a range of signals from rising costs to consumer spending in a continuously shifting landscape brought about by the West Asian conflict and closure of trade routes.
Higher oil prices, higher yields, no rate cuts, no problem for US stocks
The US stock market has now nudged above where it was when the Iran war began over six weeks ago, which investors say is a reflection of bets that the conflict will not be long-lasting.
ACE Market-bound HSS signs underwriting deal with M&A Securities for IPO
KUALA LUMPUR: HSS Holdings Bhd, the bakery products player, has signed an underwriting agreement with M&A Securities Sdn Bhd for its initial public offering (IPO) ahead of the company's proposed listing on the ACE Market of Bursa Malaysia Securities Bhd.
Wall Street futures hold steady with earnings in focus
U.S. stock index futures were little changed on Wednesday, as investors assessed developments in the Middle East and a raft of corporate earnings while looking ahead for remarks from Federal Reserve officials.
Profit-taking drags Bursa Malaysia to end lower
KUALA LUMPUR: Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.
World shares gain for ninth straight day on hopes for US-Iran peace talks
LONDON/SYDNEY: World shares edged towards record highs on Wednesday after President Donald Trump said talks with Iran could resume over the next two days, with hopes for an end to the Iran war capping oil prices at under $100 a barrel.
