Microsoft, Salesforce eye Darwinbox buyout ahead of planned IPO- Mint
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Gold drifts lower as oil-driven inflation risks and US-Iran tensions bolster USD
Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday, stalling a two-day move higher from the $4,300 neighborhood.
DMO opens N1.1trn FGN bond offer as yields rise
Nigeria’s Debt Management Office (DMO) is set to open its latest Federal Government of Nigeria (FGN) bond auction on Monday, offering investors N1.10 trillion across three reopened securities as the…
Chinese Companies Slow FX Sales in July as Yuan Support Fades
Net sales of foreign exchange by Chinese companies fell to a eight-month low in July, suggesting a key source of support for the yuan is fading.
Bond yields jump, oil extends gains as US-Iran ceasefire expires
SINGAPORE: Bond yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day, while stocks gave up early gains in Asian trade as a US-Iran truce expired and Tehran threatened to adopt a "fully offensive" military posture.
Amir Hamzah: Tough economic reforms necessary despite unpopularity
PUTRAJAYA: Economic restructuring can be difficult, particularly when it involves unpopular policies, but such measures are necessary for long-term growth and the people’s wellbeing, says Datuk Seri Amir Hamzah Azizan.
Bus Cap surges 80pct in three days, blows past analysts' fair values
KUALA LUMPUR: Shares of Bus Cap Bhd surged to a new high in active trade, extending a three-day advance of more than 80 per cent and pushing the newly listed bus manufacturer well past analysts' pre-listing fair values.