Markets & Wall Street
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Standard Chartered Malaysia Launches SmartStocks Platform
It has been a long, expensive slog for Malaysian retail investors who wanted to buy shares outside the…
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S&P Downgrades Russia to ‘Selective Default’ Over Ruble Payments
On April 11, 2022, Standard & Poor’s lowered its rating of Russia’s capacity to meet foreign‑debt obligations, warning…
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Eurozone Inflation Hits Record 7.5 Percent in March Report
Mina Agib, who operates the Egyptian restaurant Meya Meya in Berlin, recently received a supplier quote that reflected…
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Eurozone Inflation Hits Record 7.5% Amid Rising Energy Costs
On April 1, 2022, the European Union’s statistics agency Eurostat released data showing that inflation in the eurozone…
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Singapore’s Core Inflation Rate Eases to 2.2 Percent in February
The Monetary Authority of Singapore (MAS) announced on 24 March that Singapore’s core inflation rate fell to 2.2…
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Russia to Reopen Stock Market with Strict Limits After Month-Long Closure
Nearly a month after the Moscow Exchange halted activity following the plunge of the MOEX Index, Russian authorities…
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Singapore’s Core Inflation Dips but Risks Loom Ahead of MAS Meeting
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Moscow Stock Exchange Reopens Under Strict New Trading Restrictions
Russia’s stock market is set to resume operations on March 24, nearly a month after trading was halted…
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UK Inflation Hits 6.2%, a 30-Year High
Rishi Sunak was preparing to stand up in the House of Commons on Wednesday with a set of…
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UK Inflation Surges to 30-Year High at 6.2 Percent Nationwide
Britain’s inflation rate surged to a three-decade peak in February, hitting 6.2% as rising energy and food costs…
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SEC Proposes Climate Cost Disclosure Rules
For the first time, the federal government is demanding that public companies put a dollar figure on what…
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Fed Rate Hike to Have Global Impact on Markets Immediately
Tokyo – Anticipation of the Federal Reserve’s planned 0.25‑percentage‑point hike on Wednesday has already lifted a swath of…
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Asian Markets Rally Ahead of US Federal Reserve Rate Decision
On Wednesday, March 17, 2022, stock markets across Asia posted solid gains as traders positioned themselves ahead of…
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Hang Seng Index Plunges 4%, Tech Down 30% in March
Hong Kong’s Hang Seng Index has now lost roughly a fifth of its value in March alone. Tuesday’s…
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Asian Stocks Tumble as COVID Surge in China Compounds Woes
Asian equities experienced a broad decline on Tuesday, March 15, 2022, driven by a confluence of negative factors…
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Democrats Propose 2-Percent Tax on Stock Buybacks in New Bill
Senate Democrats Introduce 2% Tax on Corporate Stock Repurchases in $3.5 Trillion Bill On September 13, 2021, Senate…
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Global Equities Slide After Soft US Jobs Report Released
Concerns regarding the pace of the post-pandemic recovery led to a decline in global equities and a retreat…
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Weak Jobs Report Triggers Global Market Recalibration
International stock markets experienced a broad decline Wednesday, triggered by a U.S. jobs report that fell far short…
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RM1 Billion Inflow Reverses Bursa Malaysia Outflows
The return of foreign capital to Bursa Malaysia in September 2021 did more than nudge a benchmark index…
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Malaysian Markets Show Signs of Recovery Amid Global Volatility
The start of 2021 brought optimism to global investors, who expected a broad economic rebound that lifted commodity…
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Malaysia Proposes Raising Debt Limit to 65 Percent of GDP
Malaysia’s Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz unveiled a proposal on September 7, 2021, to raise…
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Nayuki Holdings Raises $656 Million in Hong Kong IPO Debut
Nayuki Holdings Ltd., a Shenzhen-based bubble tea chain, completed its Hong Kong initial public offering on July 2,…
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Nayuki IPO Retail Tranche Hits 400x Oversubscribed
HONG KONG, July 2, 2021 — cybernewschronicle.com — The retail investors who piled into Nayuki Holdings Ltd.’s stock…
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Malaysia’s Foreign Reserves Rise to US$111 Billion, Central Bank Reports
Bank Negara Malaysia released its latest international reserves figures on June 25, showing a modest increase to US$111…
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