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Malaysia tech stocks on fire with gauge hitting 16-year high

Bloomberg As Malaysia’s benchmark stock index inches closer to erasing its loss for the year, one corner of the market has raced ahead: technology shares. The Bursa Malaysia Technology Index of 38 stocks has soared 95% from a March low to reach the highest level since 2004, led by manufacturers ViTrox Corp. and UWC Bhd. The main FTSE Bursa Malaysia ...

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Flows to India’s stock funds tumble in June

Bloomberg Flows into Indian stock funds slumped in June as investors pocketed gains from a strong rebound in equities as the pandemic showed no signs of slowing in Asia’s third-largest economy. Equity plans got 2.4 billion rupees ($32 million), according to data from the Association of Mutual Funds in India. That’s down 95% from 52.6 billion rupees received in May, ...

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Initiative launched to make Dubai safest in cyberspace

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, on Wednesday launched the Dubai Cyber Index, an initiative aimed at supporting the efforts of Dubai’s government entities to ensure the highest standards of cybersecurity. The first initiative of its kind in the world, the ...

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