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Turning point for Malaysia stocks as foreigners pile in

Bloomberg Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide. Foreigners have poured a net $97 million into local stocks this month through March 22, while withdrawing a combined $1 billion from four other Southeast Asian markets tracked by Bloomberg. The inflows come as valuation of Malaysia’s main ...

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Nasdaq leads futures higher as yields drop

Bloomberg The Nasdaq 100 Index led US equity futures higher while Treasury yields were poised for a third day of declines. Futures on the S&P 500 and Dow Jones Industrial Average also pointed to a recovery in the underlying gauges which slipped amid a setback for reopening favourites. Government bond yields fall across Europe. Assurances by Federal Reserve Chairman Jerome ...

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US welcomes Saudi Arabia’s initiative to end Yemeni crisis

WASHINGTON / WAM The United States welcomed Saudi Arabia’s initiative to end the Yemeni crisis, as well as Yemen’s Government commitment to a ceasefire and political process in the country. Deputy Spokesperson at the US Department of State Jalina Porter affirmed during a press meeting that discussions in support of peace efforts are ongoing, calling on all parties to commit ...

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