Wall St dips on inflation ahead of Nvidia results
Wall Street's main indices closed slightly lower on Wednesday after a US inflation reading came in hotter than expected, while many investors stuck to the sidelines ahead of AI bellwether Nvidia's earnings later in the day.
Aussie second-largest pension bets high on yen
Australia's second-largest pension has built its biggest "overweight" position in the Japanese yen in years, betting that markets are underpricing Bank of Japan (BoJ) interest rate hikes.
FBM KLCI rebounds after two-day slide, ringgit hits two-month high
KUALA LUMPUR: The FBM KLCI finished higher on Wednesday, snapping a two-day losing streak as trading resumed after a public holiday, while the ringgit climbed to its highest level in about two months against the US dollar.
What is behind Shein's drop in valuation?
SHEIN's Hong Kong IPO is testing how public investors value a global e-commerce model being reshaped by slower growth, rising fulfillment costs and tighter rules for low-value parcels, industry experts said.
Bursa Malaysia stays higher at midday
KUALA LUMPUR: Bursa Malaysia remained higher at midday, in line with most regional markets, supported by easing US Treasury yields and softer oil prices.
Asian stocks hesitant before Nvidia, oil slips on Hormuz hopes
SINGAPORE: Asian stocks stuttered on Wednesday as a drop in oil prices dragged bond yields lower on hopes that the critical Strait of Hormuz could reopen, while investors braced for yet another make-or-break earnings report from AI bellwether Nvidia.
Corporate earnings to drive individual stock performance
KUALA LUMPUR: Trading of stocks on Bursa Malaysia will remain earnings-driven as Corporate Malaysia resumes the release financial reports after the holiday break.
Wall Street climbs ahead of Nvidia results
Wall Street's main indices closed higher on Tuesday, as technology stocks recovered from a selloff ahead of AI heavyweight Nvidia's results, while investors found some relief in drops in oil prices and bond yields.
South Korea shares rise ahead of Nvidia earnings
South Korean shares rose on Tuesday ahead of Nvidia's earnings report, signalling cautious optimism over the artificial intelligence industry's profitability.
Japan's Nikkei reverses course to rise as chip shares track South Korea rebound
TOKYO: Japan's Nikkei share average reversed course to end higher on Tuesday, as chip-related stocks tracked a rebound of South Korean shares.
