SK Hynix US listing more than seven times oversubscribed, source says
SEOUL: Demand for SK Hynix's $28 billion U.S. share sale was more than seven times available shares, a person familiar with the matter said, underscoring huge investor appetite for one of the most important companies in the AI supply chain.
Asian shares climb on chip rally, oil jumps as Gulf hostilities resume
SYDNEY: Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.
Risk-off mood drags on Bursa Malaysia as Iran conflict flares up
KUALA LUMPUR: The FBM KLCI is facing downside pressure as the risk-off mood in equities intensified following the US President's declaration that the treaty with Iran was over.
S&P 500 falls after Trump says Iran deal 'over'
The S&P 500 ended lower on Wednesday after US President Donald Trump said an interim deal aimed at ending the war with Iran was "over," while Broadcom led gains among recently battered chip stocks.
Demand for energy to power utilities stocks
Utilities-related stocks are expected to continue doing well as their businesses benefit from higher energy demand supported by data centres (DCs), a rise in electricity tariffs in Peninsular Malaysia and the ongoing expansion of renewable energy (RE) infrastructure.
MY Value Up to boost capital allocation methods
The MY Value Up programme is expected to gradually improve corporate capital allocation practices, although investors may need to remain patient as tangible gains in company valuations are likely to emerge over a longer time horizon.
US private equity plays heat detective as climate analytics boom
Erratic weather is forcing private equity investors to scrutinise a new source of financial risk: whether assets in their portfolios can withstand a changing climate.
Indonesia faces possible diminution of emerging market status
Indonesia's efforts to reassure global investors suffered another setback after S&P Dow Jones Indices (DJI) signalled the country could eventually lose its emerging market status if concerns over its stock market persist.
FBM KLCI ends near flat ahead of Bank Negara's OPR decision
KUALA LUMPUR: The FBM KLCI ended marginally higher as investors remained cautious amid a regional market sell-off and ahead of Bank Negara Malaysia's overnight policy rate (OPR) decision tomorrow.
South Korea stocks slide into bear market; Indonesia on S&P's watchlist
South Korean equities extended losses Wednesday amid volatility in chipmakers, with the benchmark dropping more than 20% from June's record close, signalling that the market is in bear territory, while Indonesian stocks tumbled after S&P Dow Jones warned of a possible downgrade to frontier status.
