NEW YORK, May 6 The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and closed in red. Energy and materials continued this weeks momentum, leading gains among S&P 500 sectors....

A Wall Street sign hangs at the New York Stock Exchange (...

https://www.malaymail.com/news/money/2021/05/06/dow-ends-at-record-high-as-tech-slides/1971993

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KUALA LUMPUR, May 6 MISC Bhd has returned to the black in the first quarter ended March 31, 2021 (Q1), registering a net profit of RM429.80 million compared with a net loss of RM1.16 billion recorded in the same quarter last year. Revenue for...

Revenue for the quarter under review inched up 1.1 ...

https://www.malaymail.com/news/money/2021/05/06/misc-returns-to-black-in-q1-net-profit-at-rm429.8m/1972091

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HONG KONG, May 4 Asias share markets were mostly higher today as regional equity investors looked to signs of recovery from the coronavirus pandemic as major economies around the world reopen. MSCIs broadest index of Asia-Pacific shares...

The Nasdaq Composite dropped 0.48 per cent, to 13,895.12 ...

https://www.malaymail.com/news/money/2021/05/04/asias-share-markets-edge-up-on-recovery-signals/1971503

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KUALA LUMPUR, May 4 Bursa Malaysia turned positive at mid-morning on renewed buying in selected heavyweight counters, led by Hartalega and Petronas Chemicals. Hartalegas shares rose by 22 sen to RM10.20 per unit, while Petronas Chemicals...

Market breadth was positive with gainers edging past ...

https://www.malaymail.com/news/money/2021/05/04/bursa-malaysia-turns-positive-at-mid-morning/1971519

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KUALA LUMPUR, May 4 Hartalega Holdings Bhds net profit jumped 565 per cent to RM2.89 billion in the financial year ended March 31, 2021 (FY21) from RM433.62 million a year ago. Revenue surged 129 per cent to RM6.69 billion from RM2.92...

Revenue surged 129 per cent to RM6.69 billion from RM2.92 ...

https://www.malaymail.com/news/money/2021/05/04/hartalegas-net-profit-soars-to-rm2.89b-in-fy21/1971590

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SYDNEY, May 5 Asian shares risked falling for a fourth straight session today as sentiment took a knock from a selloff in large cap Wall Street tech darlings, combined with talk of rising US interest rates. Holidays in Japan, China and South...

Nasdaq futures steadied after a sharp pullback ...

https://www.malaymail.com/news/money/2021/05/05/asian-shares-flat-holidays-help-blunt-us-tech-retreat/1971790

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KUALA LUMPUR, May 5 Fraser & Neave Holdings Bhd (F&N) will keep any necessary price increase for its products at a single-digit amid the rise in commodity and raw material prices. Chief executive officer Lim Yew Hoe said the products...

KUALA LUMPUR, May 5 Fraser & Neave Holdings Bhd (F&N...

https://www.malaymail.com/news/money/2021/05/05/fn-to-keep-any-necessary-product-price-hike-within-single-digit-says-ceo/1971865

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SAN FRANCISCO, May 3 Epic Games faces an uphill legal battle against Apple Inc in an antitrust trial starting today, and a defeat for the maker of Fortnite could make it harder for US government regulators to pursue a similar case against...

Win or lose at the trial, Epic Games, which has ...

https://www.malaymail.com/news/money/2021/05/03/in-apple-versus-epic-games-courtroom-battle-is-only-half-the-fight/1971180

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KUALA LUMPUR, May 3 The ringgit opened easier against the US dollar today on lack of demand for the local currency, but was mostly higher versus other emerging currencies. At 9am, the local currency stood at 4.0990/1030 against the greenback...

At 9am, the local currency stood at 4.0990/1030 ...

https://www.malaymail.com/news/money/2021/05/03/ringgit-opens-easier-against-us-dollar26/1971209

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KUALA LUMPUR, May 3 The pace of foreign net selling slowed down last week as foreign investors disposed of RM376.5 million net of local equities versus the RM490.3 million net the week before. For April 2021, Bursa Malaysia saw foreign investors...

For April 2021, Bursa Malaysia saw foreign ...

https://www.malaymail.com/news/money/2021/05/03/bank-islam-foreign-net-selling-eases-to-rm376.5-mln-last-week/1971219

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HONG KONG, May 3 Asian markets mostly fell today following a soft lead from Wall Street, hit by profit-taking and lingering inflation worries. With bourses closed in Japan and China for holidays most of the week, traders were easing back from...

Pedestrians walk past an electric quotation board ...

https://www.malaymail.com/news/money/2021/05/03/asian-markets-mostly-down-as-inflation-concerns-persist/1971300

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KUALA LUMPUR, May 3 Bursa Malaysia ended the day weaker on persistent profit-taking seen in almost all heavyweight counters, led by Top Glove, IHH and Hartalega. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.92 points to 1,590.73 from...

An investor monitors the stock prices in the ...

https://www.malaymail.com/news/money/2021/05/03/bursa-malaysia-ends-weaker/1971342

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OAKLAND, May 4 The chief executive of Fortnite creator Epic Games testified yesterday that he knew he was breaking Apple Incs App Store rules by putting Epics own in-app payment system into the game last year but wanted to highlight...

The trial, expected to run three weeks, brings to a head ...

https://www.malaymail.com/news/money/2021/05/04/epic-games-ceo-cites-apples-total-control-over-iphones-at-first-day-of-anti/1971428

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NEW YORK, May 4 Squarespace Inc has registered roughly 40 million shares for its direct listing in New York later this month, marking another win for advocates of the increasingly popular alternative to the initial public offering (IPO). Founded...

Squarespace joins a clutch of high-profile ...

https://www.malaymail.com/news/money/2021/05/04/squarespace-last-valued-at-us10b-sets-stage-for-direct-listing-in-new-york/1971440

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NEW YORK, May 4 Retail-focused brokerage Robinhood Financial has hit back against comments by Warren Buffett who on Saturday likened the millions of inexperienced day traders who entered the stock market in the past year to gamblers. Speaking at...

Speaking at Berkshire Hathaway Incs annual ...

https://www.malaymail.com/news/money/2021/05/04/robinhood-hits-back-at-buffett-for-retail-trading-comments/1971472

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MUMBAI, May 1 Indian conglomerate Reliance Industries saw its quarterly profits more than double between January and March, the firm said yesterday, boosted by a turnaround in its key oil and retail businesses. The Mumbai-based behemoth ...

Reliance Industries said its consolidated net profit for ...

https://www.malaymail.com/news/money/2021/05/01/profits-at-indias-reliance-double-on-oil-retail-recovery/1970803

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BRUSSELS, May 1 The eurozone economy fell into a second recession in less than a year in the first quarter, data showed yesterday, as slow vaccinations and pandemic lockdowns stopped a rebound. The 0.6 per cent contraction was in stark contrast...

Germany was the major drag on growth in January to...

https://www.malaymail.com/news/money/2021/05/01/eurozone-enters-double-dip-recession-but-better-days-ahead/1970828

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LONDON, May 2 Mobile operator Vodafone Group Plc and Alphabet Incs Google Cloud entered a strategic partnership to jointly develop data services, Vodafone said today. About 1,000 workers in Britain, Spain and the United States will be to...

A man speaks on his mobile phone as he walks past logos ...

https://www.malaymail.com/news/money/2021/05/02/vodafone-teams-up-with-google-cloud-on-data-analytics/1971152

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KUALA LUMPUR, April 30 Yili recently released its 2020 annual report with total revenue reaching 96.886 billion yuan (RM61 billion) and net profit attributable to the parent company was 7.078 billion yuan, highlighting the companys healthy...

KUALA LUMPUR, April 30 Yili recently released its 2020 ...

https://www.malaymail.com/news/money/2021/04/30/yili-group-achieves-2020-remarkable-growth-unveils-2021-first-quarter-resul/1970647

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KUALA LUMPUR, April 30 Subsidiaries of FGV Holdings Bhd (FGV), MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF) have entered into a binding term sheet on the respective disposal and acquisition of 100 per cent...

The FGV logo is pictured at its headquarters in ...

https://www.malaymail.com/news/money/2021/04/30/fgv-integrated-farming-holdings-acquires-msm-perlis/1970703

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NEW YORK, May 6 Wall Street stocks were little changed early today following upbeat US jobs data, while both Pfizer and Moderna slumped on worries about diminished profits from Covid-19 vaccines. US Labor Department said new applications for...

People walk on Wall St. outside the New York Stock ...

https://www.malaymail.com/news/money/2021/05/06/us-stocks-flat-as-pfizer-moderna-shares-tumble/1972263

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, May 7 Americans filed 92,000 fewer applications for unemployment aid last week, the government reported Thursday, in the latest sign the widespread job losses caused by the Covid-19 pandemic was ebbing as businesses reopen. The...

People line up outside a Kentucky Career Center hoping to find ...

https://www.malaymail.com/news/money/2021/05/07/us-govt-new-jobless-claims-plunged-92000-last-week/1972297

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TOKYO, May 7 The dollar stayed under modest pressure on Friday ahead of a key US jobs report that could cement expectations of a strong economic recovery and fan investor appetite for stocks, higher-yielding currencies and commodities. The...

The dollar stayed under modest pressure on Friday ahead...

https://www.malaymail.com/news/money/2021/05/07/dollar-on-backfoot-ahead-of-us-jobs-data/1972331

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KUALA LUMPUR, May 7 Malaysias Industrial Production Index (IPI) is expected to remain on a rebound mode until year-end after surging 9.3 per cent year-on-year in March 2021. Public Investment Bank Bhd (PIVB) said the growth...

Malaysias Industrial Production Index (IPI) is expected to ...

https://www.malaymail.com/news/money/2021/05/07/public-investment-bank-malaysias-ipi-expected-to-continue-rebounding-till-y/1972361

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KUALA LUMPUR, May 7 Bursa Malaysia stayed in positive territory at mid-afternoon, backed by persistent buying in healthcare stocks. At 3pm, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) improved 5.10 points to 1,583.43 from yesterdays...

At 3pm, the benchmark index FTSE Bursa ...

https://www.malaymail.com/news/money/2021/05/07/bursa-malaysia-stays-positive-at-mid-afternoon5/1972435

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, May 8 The United States added just 266,000 jobs in April a quarter of the number expected in a surprise setback for President Joe Bidens efforts to revive an economy blighted by the Covid-19 pandemic. The weak hiring also...

On Wall Street, the Dow and S&P 500 finished at record highs, with ...

https://www.malaymail.com/news/money/2021/05/08/disappointing-april-jobs-data-pose-new-challenge-for-biden-agenda/1972550

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PUTRAJAYA, May 9 Entrepreneurs are urged to adapt to the latest technologies and take the necessary steps to transition towards a digital or e-commerce model. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku...

Datuk Seri Wan Junaidi Tuanku Jafaar speaks to ...

https://www.malaymail.com/news/money/2021/05/09/minister-malaysian-entrepreneurs-should-work-towards-having-digital-or-e-co/1972894

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SEOUL, May 10 South Korea President Moon Jae-in said yesterday the government will further boost fiscal spending if needed to increase jobs, as the country deals with its worst unemployment rate in two decades. In a speech marking his fourth...

South Korean President Moon Jae-in delivers his ...

https://www.malaymail.com/news/money/2021/05/10/s.korea-president-moon-vows-to-raise-fiscal-spending-to-create-jobs/1973006

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KUALA LUMPUR, May 10 Foreign investors were on selling mode on Bursa Malaysia last week, albeit at a slower pace of RM336.4 million net of local equities compared to the RM376.5 million in the preceding week, said Bank Islam Malaysia Bhd...

On Wednesday, after the markets closed, the movement ...

https://www.malaymail.com/news/money/2021/05/10/foreign-investors-on-selling-mode-last-week/1973010

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KUALA LUMPUR, May 10 The Securities Commission Malaysia (SC) and Bursa Malaysia would reinstate market management and control mechanisms, namely the dynamic and static price limits for FBM KLCI component stocks and the Bursa Malaysia circuit...

The Securities Commission building. Picture from ...

https://www.malaymail.com/news/money/2021/05/10/sc-bursa-to-end-temporary-revision-of-market-management-control-mechanisms/1973149

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