Markets

Fed on collision course with bond markets

The prevailing dynamics in the Treasury market could derail the Fed’s tightening path
by BLOOMBERG NEW YORK • The conundrum faced by Alan Greenspan is ...

A late-cycle market doesn’t mean sell now

Investors for now should remain invested in equities and avoid the temptation to sell during pullbacks
by BLOOMBERG SYDNEY • As the developed world ...

Pharmaniaga 3Q profit hit by lower demand

by TMR
Pharmaniaga Bhd noted weaker demand for its in-house products saw its net profit falling 72.6% year-on-year (YoY) to RM3.58 million for its ...

BNP goes long EM equity amid ‘fragile’ stocks

HONG KONG • Even with a rally that’s double the gains in US stocks, emerging-market (EM) equities are still attracting bulls.
BNP Paribas Asset ...

MIDF: Malaysia’s 3Q17 GDP likely to grow up to 5.5%

By RAHIMI YUNUS / Pic By HUSSEIN SHAHARUDDIN
Malaysia’s gross domestic product (GDP) growth for the third quarter this year (3Q17) is forecast to have ...

Mudajaya to issue RM245m sukuk to fund solar plant

by TMR
Mudajaya Group Bhd is planning to issue a green SRI (Sustainable and Responsible Investment) Sukuk Wakalah of up to RM245 million via its ...

Paramount’s 3Q boosted by Sri KDU campus disposal

by TMR
Paramount Corp Bhd recognised a RM77.8 million one-off gain from the disposal of Sri KDU Sdn Bhd’s Petaling Jaya campus, resulting in its ...

SunCon secures RM139.8m contract through JV

by TMR
Sunway Construction Group Bhd (SunCon) has secured a contract worth RM139.8 million via its joint venture (JV) with Taisei Corp from Nippon ...

Woodside falls most in year after Shell to sell stake

by BLOOMBERG
SYDNEY • Woodside Petroleum Ltd fell the most in a year after Europe’s biggest oil company, Royal Dutch Shell plc, said it would offload ...

One of China’s stock funds surged 304%

The fund has posted one of the best performances in China by buying no more than 10 industry giants shares
by BLOOMBERG HONG KONG • One of Yang ...

Bitcoin tumble erases as much as RM159.2b while rival gains

The cancellation of last week’s bitcoin upgrade has left users to choose between the 2 versions of the cryptocurrency
by BLOOMBERG HONG KONG • Bitcoin ...

Noble Group said to lose DBS prop

by BLOOMBERG
SINGAPORE • Noble Group Ltd, the commodity trader fighting for survival, lost support from one of its key banks as Singapore’s DBS Group ...