World Business News
Wall Street Slips Again as Yields Hit Multi-Decade High
Wall Street mixed as yields hit multi-decade highs; Europe weak, Asia mostly higher with Nikkei surging on tech rebound.
Category: Stocks and Markets
Stocks and Markets
KLCI Stabilises Above 1,640 Ahead of US Payrolls
KLCI rebounds 0.44% to 1,651.17, stabilising above 1,640 as bargain hunting lifts utilities ahead of US payrolls data.
Banking and Finance
Malaysia’s Financial Markets Remain Orderly Despite Global Headwinds
Malaysia's financial markets are stable despite global pressures, with strong corporate bond interest and favorable sentiment.
Business News
AEON Credit records steady performance in first half of FYE2027
AEON Credit's PATAMI rose 3.1% YoY to RM154.47 million, driven by revenue growth despite higher impairment losses on receivables.
Stocks and Markets
Wall Street Slips as Yields Stay Elevated
Wall Street declined amid high Treasury yields and falling consumer confidence, with mixed global market responses.
Stocks and Markets
Bank Selling Drags Bursa to Fifth Straight Loss
Kuala Lumpur's FBM KLCI dropped 1.56%, driven by banking stock declines and negative US market influences, amid fragile investor sentiment.
Property and Construction
Gamuda Secures RM2.28b Mortlake Solar Project, Orderbook Momentum Strong
Gamuda secures RM2.28b Mortlake solar project, boosting orderbook momentum; BUY call maintained with TP RM5.60 on strong pipeline.
Wall Street
Wall Street Retreats as Yields Hit 19-Year High
Wall Street experienced a decline due to high bond yields and geopolitical tensions affecting global markets.
Stocks and Markets
Rate Jitters and Iran Deadlock Keep Bursa Under Pressure
The FBM KLCI fell 0.10%, impacted by foreign selling and geopolitical concerns amid weak market sentiment and high yields.
Bursa Malaysia
Bursa Consolidates as Wall Street Gains, Oil Eases
Bursa consolidates as Wall Street rises, oil eases; regional sentiment hinges on China PMI and US jobs data.
Business News
Global cues mixed as Treasury yields and West Asia tensions keep investors cautious
Malaysian stocks ended flat as global markets remained cautious, while easing oil prices provided some relief to investors amid geopolitical uncertainty.
Company
Inta Bina Secures RM221m Klang Project, Orderbook Momentum Strong
Inta Bina secures RM221m Klang project, boosting orderbook to RM645m; analysts maintain BUY with TP of RM0.79.
Stocks and Markets
Global Equities Stagnate as US Treasury Yields and Crude Oil Surge
Wall Street closed flat as 10-year US Treasury yields hit 5.22% and Brent crude climbed past US$106.77/bbl.
Stocks and Markets
FBM KLCI Weakens on Technology Selling
The FBM KLCI slid 0.25% as late tech selling, elevated bond yields, and geopolitical tension dampened domestic investor sentiment.
Wall Street
Wall Street Slump and Soaring Yields Drag Global Risk Sentiment
Wall Street indexes fell sharply as rising government bond yields and fears of central bank tightening dampened market sentiment, impacting global equities.
Stocks and Markets
Bursa Malaysia Halts Winning Streak as Heavyweights Face Profit-Taking
Global equity markets stumbled as surging U.S. Treasury yields sparked rate concerns, while domestic profit-taking dragged Malaysia's FBM KLCI downward.