BUSINESS
Local & World Business News
BUSINESS
US stocks flat after lackluster jobs data
Wall Street stocks were little changed early Tuesday as markets absorbed US data pointing to a slower employment market.
World Business
BUSINESS
Japan’s parliament enacts US$118bil extra budget
BUSINESS
China to impose anti-dumping duties on EU pork for 5 years
The deal would allow for more key EU exports to Latin America, while facilitating the entry of South American agricultural goods into Europe.
Renewed volatility sent investors looking for havens ahead of delayed US jobs data and a clutch of central bank decisions.
China and Hong Kong stocks extended declines on Tuesday with weakness across the board as sentiment turned jittery ahead of a slate of US data releases.
Rising bond yields and a weaker yen reflect worries about Prime Minister Sanae Takaichi’s fiscal policies.
Local Business
BUSINESS
Bursa closes higher for fourth consecutive session
BUSINESS
When Bitcoin sneezes, markets catch a cold
The main index eases 2.76 points to 1,640.96, retreating from gains amid softer overnight performance on Wall Street.
The local currency opens higher at 4.0890/4.0970, reaching levels not seen since April 30, 2021.
Low free-float levels, restricted access, and lack of growth-oriented listings are driving foreign investors away from the Malaysian equities market.
Deputy finance minister Lim Hui Ying says the sum, involving 3.47 million cases, is a 17.5% increase from last year.