Bursa Malaysia extends gains for third straight session on tech rally
KUALA LUMPUR: Bursa Malaysia extended its gains for a third consecutive session on Friday, lifted by strong buying in technology and semiconductor stocks amid a broad-based rally across regional markets.
Emerging Asia stock gauges soar on boost from Seoul, Taipei
EMERGING Asian equity market gauges logged their biggest one-day gain in more than 17 years on Friday, buoyed by a rally in South Korean and Taiwanese equities as scepticism around AI-related spending eased.
Tech shares lead Bursa higher at midday
KUALA LUMPUR: A broad-based rally lifted Bursa Malaysia in morning trade as equities prices were spurred on by a strong rebound in global technology valuations.
Asia stocks surge, yen steals spotlight after suspected intervention
SINGAPORE: Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
Semicon stocks climb amid regional tech rally
KUALA LUMPUR: Malaysia's semiconductor stocks surged on Friday, on the heels of a regional rally sparked by Microsoft's outsized earnings announcement, which helped to alleviate fears of a tech bubble.
Japan's Nikkei jumps 4% after Wall Street rally, BOJ decision awaited
TOKYO: Japan's Nikkei share average jumped more than 4% on Friday, buoyed by a rally on Wall Street as Microsoft led a rebound in tech shares after delivering forecasts that eased fears about the industry's massive AI infrastructure spending.
Wall St ends sharply higher as Microsoft soars
Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft logging its biggest daily percentage gain in 18 years after the technology giant gave a stellar forecast that eased fears about massive spending on AI infrastructure.
Bursa closes at intraday high
Bursa Malaysia's key index closed at an intraday high yesterday, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's (Fed) decision to stand pat on interest rates weighed on broader sentiment.
Financial market overhaul unveiled
Vietnam aims to expand its bond market to the equivalent of around 60% of gross domestic product (GDP) by 2045 and position the capital market as a key source of medium and long-term financing for the economy, under a recently approved sweeping financial market reform plan.
ETF reversal tests S. Korea’s regulatory credibility
South Korea's abrupt reversal over single-stock leveraged funds has revived a broader question for global investors: whether unpredictable policymaking itself contributes to the country's long-standing equity market discount.
