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South-east Asia stocks rise, Singapore hits 30-month high

2017-11-22 themalaymailonline
Singapore shares edge up 0.3 per cent to their highest since May 2015, buoyed by financial stocks. — Reuters picSINGAPORE, Nov 22 — South-east Asian stock markets rose today, riding the global positive sentiment, with Singapore hitting a 2-1/2-year high, while data showing better-than-expected exports in October underpinned Thai shares. (24-0)

Bursa Malaysia ends higher on strong Q3 GDP

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia ended higher today, as the stronger-than-expected third quarter (Q3) gross domestic product (GDP) released today injected more investor confidence into the local market. (13-0)

Jakarta stocks set record, Singapore and Philippines buoyant

2017-11-17 themalaymailonline
A man uses a mobile device in front of an electronic board showing the stock market index at the Indonesia Stock Exchange (IDX) in Jakarta, February 2, 2016. — Reuters picSINGAPORE, Nov 17 — Most Southeast Asian stock markets soared today, with Indonesia setting a record a day after its central bank held key policy rate unchanged, while Singapore and the Philippines posted strong gains on the back of upbeat regional economic data. (19-0)

Bursa Malaysia continues uptrend at mid-morning

2017-11-17 themalaymailonline
At 11.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,720.48, up 2.37 points from Thursday’s close of 1,718.11, after opening 2.70 points better at 1,720.81. — Reuters picKUALA LUMPUR, Nov 17 ― Bursa Malaysia continued its uptrend at mid-morning today, supported by gains in blue-chips led by Genting Bhd and Axiata. (5-0)

Sime, Genting lift KLCI early Friday

KUALA LUMPUR: After four straight days of losses, investor sentiment perked up a bit early Friday, aided by gains in conglomerate Sime Darby and Genting Bhd . At 9.25am, the FBM KLCI rose 6.12 points or 0.36% to 1,724.23. Turnover was 273.52 million shares valued at RM107.76mil. There were 243 gainers, 131 losers and 234 counters unchanged. Asian shares rose on Friday as strong US earnings and a step forward in the US Congress on tax reform brightened the mood, even though investors noted that many more hurdles must be passed to reach a final deal on tax cuts, Reuters reported. (6-0)

KL shares end morning session lower

2017-11-16 themalaymailonline
KUALA LUMPUR, Nov 16 — Bursa Malaysia ended the morning session lower today in range-bound trading amid mixed regional performance, as cautious sentiment continues to cloud the equities market. (9-0)

Bursa Malaysia extends losses to close lower

2017-11-14 themalaymailonline
KUALA LUMPUR, Nov 14 — Bursa Malaysia extended yesterday’s losses to finish lower today as investors stayed on the sidelines to await fresh leads amid the reporting season month. (9-0)

Weak China data hurts risk appetite, Singapore stocks fall

2017-11-14 themalaymailonline
Vietnam shares firm 0.4 per cent, hitting a near-decade high, as the stock index rises for an eighth successive session. — File picSINGAPORE, Nov 14 — Most South-east Asian stock markets traded cautiously today, in line with broader Asia, as disappointing Chinese economic data and worries over US tax reforms hurt risk appetite. (10-1)

KL shares lower at mid-day

2017-11-14 themalaymailonline
KUALA LUMPUR, Nov 14 — Bursa Malaysia turned lower at the end of the morning session today as the market succumbed to selling pressure especially in selected heavyweights led by Genting Bhd and PetGas. (4-0)

Grim tales of owner-driven companies

Far-sighted: Koon saw an opportunity in the Bakun Hydroelectric Dam project when others shied away from it. (9-0)

Breakfast briefing: Wednesday, November 8

MarketWatch: The Dow Jones Industrial Average eked out a fourth consecutive record high close on Tuesday, while the S&P 500 ended marginally lower after a disappointing profit forecast from Priceline and a drop in financials. The DJIA ended up 0.04% at 23,557.23 after spending most of the day in negative territory, the S&P 500 dipped 0.02% to 2,590.64 and the Nasdaq slipped 0.27% to 6,767.78. - Reuters (32-0)

Lim Kok Thay asserts major shareholding in Genting

Tan Sri Lim Kok Thay is listed in Genting Bhd's 2016 annual report as having a direct equity stake of 1.829%. No deemed equity interest is cited.

The Hottest CEO in Vegas Just Bought the City's Strangest Casino - Bloomberg

2017-11-02 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (58-1)

UK Court rules Phil Ivey cheated at Genting casino to win US$10mil

LONDON: Poker champion Phil Ivey’s luck ran out at the U.K.’s Supreme Court, which ruled that he cheated at a form of baccarat to win 7.7 million pounds (US$10.1mil) at a Genting Bhd casino in London.