FBM KLCI ends nearly flat amid mixed regional markets
KUALA LUMPUR: The FBM KLCI ended marginally lower for a second consecutive session on Thursday, tracking mixed performances across regional markets.
Chip IPO highlights Malaysia deals surging toward 13-year high
INITIAL public offerings are booming in Malaysia and a wave of upcoming listings including by a chip design firm is powering the market toward the biggest volume in 13 years.
Asia stocks gain on AI enthusiasm, focus on Trump-Xi summit
SINGAPORE: Stocks rose on Thursday, powered by AI fervour that pushed South Korea's SK Hynix to the brink of joining the trillion-dollar club, while the spotlight was firmly on a high-stakes summit between U.S. President Donald Trump and China's Xi Jinping.
FBM KLCI moves in narrow range as Trump arrives in China for high-stakes talks
KUALA LUMPUR: The FBM KLCI looks set to remain range-bound over the coming session as investors await more developments from US President Donald Trump's visit to China.
S&P 500, Nasdaq hit record highs on chip rally
The S&P 500 and the Nasdaq gained ground on Wednesday with a boost from artificial intelligence-related tech shares, which helped markets look past hotter-than-expected inflation data and the growing probability that the Federal Reserve will hold to its restrictive monetary policy for the foreseeable future.
Philippine bonds face extended slump
Philippine sovereign bonds are extending a selloff as traders price in the prospect of a 50-basis-point rate hike, the largest since 2023.
MSCI cuts listed stocks
MSCI Inc has removed some Indonesian stocks linked to the country's richest billionaires from its indices, following through on a warning last month that it will exclude companies with concentrated ownership.
UK bonds hit by debt, inflation, political drama
As UK Prime Minister Sir Keir Starmer slowly loses allies in government and fights for his survival, the escalating political drama is heaping fresh pressure onto a bond market already battered by the country's deep-rooted fiscal and economic problems.
Bond bears reload Fed rate hike wagers on stubborn inflation
Traders have renewed bearish bets on US Treasuries, lifting expectations that the Federal Reserve (Fed) will raise interest rates as oil prices and inflation push higher.
A worrying trend as chip stocks drag market lower
High-flying chip stocks struggled through one of their most challenging sessions of the year on Tuesday in a dramatic reversal for some of the market's best performers.
