Market News & Events

KUALA LUMPUR (Feb 3): The FBM KLCI started February on a negative note, tracking the sea of red at most regional markets as fears of the rapidly spreading coronavirus sent markets tumbling.

(Jan 31): At 10 a.m. inside Aux Merveilleux de Fred, a patisserie in the heart of London’s French quarter, the air is thick with the aroma of butter. Aicha Boubakri, 30, is arranging neat rows of pastel-colored cream pastries in front of the bakery’s only customer.

(Jan 31): Asian stocks headed toward posting their worst week since May, while European futures rose as investors weigh the short-term economic damage of the coronavirus against increasingly decisive moves to contain the epidemic.

SYDNEY (Jan 31): Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, even as headlines spoke of more cases and deaths.

KUALA LUMPUR (Jan 29): The ringgit opened slightly higher against the US Dollar today as renewed concerns over the upcoming US Federal Reserve’s interest rate decision and US gross domestic product (GDP) report prodded some investors to shift their interest towards emerging currencies, dealers said.

KUALA LUMPUR (Jan 29): Shares in Pos Malaysia Bhd rose as much as 10% in early trade this morning after the national courier said it will raise postage rates for registered mail, commercial mail and small parcels below 2kg, effective Feb 1.

KUALA LUMPUR (Jan 29): The FBM KLCI remained in the red in early trade Wednesday, dragged by select index-linked blue chips including glove makers Top Glove Corp Bhd and Hartalega Holdings Bhd as well as Tenaga Nasional Bhd.

TOKYO (Jan 29): Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic impact of China's virus outbreak.

KUALA LUMPUR (Jan 17): The ringgit opened marginally lower as market participants stayed on the sidelines amid positive developments surrounding the signing of US-China trade deal and the Senate approval of a new trade deal between the US, Mexico and Canada.