markets

Goldman Sachs Group Inc. cut its oil price forecasts as it sees a global glut persisting into 2016 on further OPEC production growth that may force prices to drop as low as $20 a barrel. The bank... more
Oil headed for a weekly decline amid signs the global glut that drove prices to a six-year low will be prolonged. Futures slid as much as 1 percent in New York, paring Thursday’s 4 percent gain. U.S... more
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session 8.16 points easier at 1,605.86, dragged down by losses in finance-related blue chips. The key index moved between 1,612.32... more
Share prices on Bursa Malaysia rebounded at close on bargain hunting, said dealers. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 10.66 points better at 1,614.02, after opening lower at 1,... more
Oil extended its decline below $45 a barrel before U.S. government data forecast to show crude stockpiles expanded for a second week in the world’s biggest oil consumer. Futures slid as much as 1.8... more
Asian currencies fell, led by Indonesia’s rupiah and South Korea’s won, as concern China’s economic slowdown is worsening and the prospect of higher U.S. interest rates deterred risk taking. Malaysia... more
Share prices on Bursa Malaysia were bearish at mid-morning on Thursday, dampened by losses in banking heavyweights. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) traded 0.54 per cent or 8.58... more
Oil extended its decline below $45 a barrel before U.S. government data forecast to show crude stockpiles expanded for a second week in the world’s biggest oil consumer. Futures slid as much as 1.8... more
All roads lead to a stronger dollar. That’s the current view of Stephen Jen, co-founder of hedge fund SLJ Macro Partners LLP, who spent 13 years at Morgan Stanley where he helped develop a theory... more
Oil rebounded from the lowest price in a week amid a rally across commodities, equities and emerging- market currencies. Futures rose as much as 0.7 percent in New York. Asian stocks climbed, led by... more

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