Power-guzzling AI to drive ESG debt sales
The global artificial intelligence (AI) frenzy is driving demand for energy-intensive data centres, which could end up being a factor…
Category: Markets
China cracks down on short sales, quants
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support…
Rating upgrade to spur fund inflows
Analysts and fund managers are expecting further foreign fund inflows following a country upgrade by JPMorgan from “underweight” to “neutral.”
US consumer prices unexpectedly fall in June
WASHINGTON: U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation…
KL shares rise for third day on bullish local, global sentiments
KUALA LUMPUR: Shares on Bursa Malaysia were mostly higher on Thursday, with the barometer index extending its winning streak to the third…
Stocks stride to record highs ahead of US inflation test
SINGAPORE: Asian stocks rallied to record peaks on Thursday while sterling edged to a four-month high on strong growth figures,…
ACE Market-bound BWYS Group IPO oversubscribed 48.51 times
PETALING JAYA: BWYS Group Bhd’s initial public offering (IPO) has been oversubscribed by 48.51 times, ahead of its listing on…
Investors shore up stock prices ahead of US CPI report
KUALA LUMPUR: The FBM KLCI rallied for a third straight day, in line with investor positivity over the growing likelihood…
Japan’s Nikkei crosses 42,000 points as Wall Street rally spurs sentiment
TOKYO: Japan's Nikkei share average surged to another record high during morning trade on Thursday, as a rally in U.S.…