YTL Power Slides As Nvidia CEO Scandal Rattles Bursa
YTL Power lost over RM3 billion in market value as Jensen Huang quit Nvidia, dragging Bursa to a yearly low and putting EPF exposure in focus. No verified evidence links YTL Power to Megaspeed.
Bursa Malaysia
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Najib’s Clemency Barely Moved Markets But Malaysia’s Governance Test Is Far From Over
By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, Sept 20 – Malaysia’s markets showed little immediate alarm after former prime minister Datuk Seri Najib Razak was granted conditional clemency allowing him to serve the remainder of his SRC International sentence under house arrest. But the muted reaction should not be mistaken for proof that the decision…
Fed Shock, Not Malaysia Weakness, Driving Market Volatility — Shan Saeed
By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, Sept 19 – The renewed pressure on Bursa Malaysia following the US Federal Reserve’s first interest-rate increase in more than three years reflects a global repricing of capital rather than a deterioration in Malaysia’s economic fundamentals, according to Juwai IQI Global Chief Economist Shan Saeed. Malaysian financial…
TNS NEWS | EXCLUSIVE INTERVIEW | GLOBAL MARKETS
Markets Are Mispricing the Fed – And Investors May Pay the Price, Warns Top Strategist Dr. Sailesh Kumar Jha, Global Market Strategist and former Chief Asia Economist at Credit Suisse AG Singapore, says a 10 to 20 per cent correction in US equities could be imminent as markets wake up to an underpriced Federal Reserve…
FBMKLCI Trades Lower At 1631.34 Amid Defensive Sentiment
By: Mike Paul Kuala Lumpur, Nov 12 — The FBMKLCI was trading at 1631.34 on Wednesday afternoon, down 3.49 points from the previous day, as selling pressure persisted across speculative and small-cap counters. The index moved within a narrow intraday range between 1630.19 and 1634.82, reflecting cautious sentiment. Market volume stood at 2.171 billion units,…