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5y

Tokyo stocks end higher as investors study massive US stimulus

Traders also take into account Bank of Japan poll showing optimism among major manufacturers for first time since pandemic began

5y

Microsoft wins US$22 bil Pentagon contract for augmented reality gear

Company to rapidly start producing Integrated Augmentation System, based on commercially available HoloLens

5y

Bursa ends higher propped up by Top Glove, TNB

FBM KLCI advances 9.13 points to 1,582.64 at 5pm

5y

Insurers’ losses due to Suez blockage manageable: Moody’s

Much of liability, business interruption coverage requires there to be physical damage

5y

Japan business confidence back to pre-pandemic levels

Quarterly poll shows reading of 5 among big manufacturers, beating market consensus estimate of -1

5y

Bursa opens higher led by Top Glove, Public Bank

Ringgit remains defensive, edging up to 4.1430/1480 against US dollar

5y

US stocks mostly higher as Biden unveils US$2 tril spending plan

Elsewhere, shares decline and oil prices pull back

5y

Fossil fuel stocks lose US$120 bil in 10 years, study finds

Investors mistaken in thinking historic low oil prices at height of pandemic last year an aberration, says Carbon Tracker chief

5y

Saudi plans economic overhaul with US$3.2 tril investment

Top crude exporter accelerates economic diversification efforts as it battles high youth unemployment and coronavirus-triggered downturn

5y

DNeX, China-based CGP Fund buy SilTerra for RM273 mil cash

Acquisition expected by end of second quarter 2021, capital injection within 180 days thereafter

5y

Sunway Bhd’s FY20 net profit drops 49% to RM359.6 mil

Revenue lower at RM3.8 billion due to lower contributions from most business segments except healthcare, says conglomerate

5y

AmBank outlook may be revised if capital returns to pre-1MDB settlement levels: Moody’s

Outlook changed from stable to negative after AMMB Holdings Bhd’s RM2.83 billion deal with govt last month

5y

Bursa ends lower, weighed down by glove stocks

FBM KLCI slides 35.68 points to 1,573.51 at 5pm