markets

OSLO • Norway’s US$940 billion (RM4.08 trillion) sovereign wealth fund has plenty of room up to its risk limit, and that’s just how it wants it.  The risk the investor took compared to its benchmark... more
SYDNEY • Asian stocks climbed with US futures, bonds retreated and the yen reversed gains as a tentative deal by the US Congress to avert a government shutdown overshadowed weaker economic data from... more
HONG KONG • Asian shares climbed for a fourth straight day, keeping a global equities rally intact, as investors shrugged off concerns over North Korea and China’s nancial risks.  The MSCI Asia... more
BEIJING • The Chinese and US stock markets are going in opposite directions.  An intensifying crackdown against leverage in Asia’s biggest economy has rocked the hitherto unflappable Shanghai... more
The Kuala Lumpur Tin Market (KLTM) continued its downtrend in closing US$350 lower yesterday at US$21,000 (RM90,300) per tonne and in line with the London Metal Exchange (LME), a dealer said. The... more
The Malaysian rubber market closed mostly higher yesterday, boosted by the weakening ringgit, a dealer said. The ringgit was still hovering around 4.32 against the US dollar at noon, its weakest... more
LONDON • Oil rebounded from the lowest close in eight weeks as OPEC nations were said to be making a final diplomatic effort toward securing a deal to curb production and stabilise prices. Futures... more
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives Exchange extended its losses for the second consecutive day on persistent profit-taking. Philips Futures Sdn Bhd dealer David Ng... more
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained higher at mid-morning today, driven by escalating buying momentum in selected blue chips and key heavyweights. At 11.05 am, the key index... more
Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose as much as 0.8 percent in New York after advancing 9 percent last week. Demand will... more

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