Leadership
Foreigners sold Japanese stocks last week as Nikkei hit a record
FOREIGN investors took profit from Japanese stocks last week as the Nikkei 225 Stock Average hit an all-time high, turning net sellers for the first time since December. Overseas...
Australian shares end at record high on retail sales boost; US inflation data
AUSTRALIAN shares closed at a record high on Thursday (Feb 29) as a rebound in local retail sales boosted sentiment, with investor focus now shifting to the US inflation...
China Aviation Oil H2 profit up 182% to US$39.1 million amid air travel recovery
For the full year, net profit was up 75.5 per cent to US$58.9 million from US$33.5 million in FY2022. Revenue for the year, however, dropped 12.4 per cent to...
Malaysia expects ringgit to rise this year, rules out currency peg
MALAYSIA’S finance ministry on Thursday dismissed adjusting monetary policy or pegging the ringgit to support the weakened currency, saying it expects the ringgit‘s value to appreciate this year. The ringgit has fallen about 3.7...
Bank of Japan policymaker calls for overhaul of ultra-loose monetary policy
BANK of Japan board member Hajime Takata said the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control....
China bans high-speed futures trader as quant crackdown expands
CHINA banned a top-performing quant fund from the stock-index futures market and vowed tighter oversight of high-speed trading, expanding a crackdown on computer-driven investment strategies that some have blamed...
Brokers’ take: RHB downgrades Golden Agri to ‘neutral’ after earnings disappointment
RHB Research downgraded its call on Golden Agri-Resources to “neutral” from “buy”, while slightly lowering its price target to S$0.29 from S$0.30. Its move came after the palm oil...
Chinese automaker BYD looking for Mexico plant location, executive says
CHINESE electric vehicle (EV) maker BYD is looking for a location in Mexico to set up a factory aimed at boosting the company’s share of the local market, BYD...
