Skip to main content

Posts

Showing posts with the label Asia trip

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Trump Lands in South Korea, Eyes ‘Great Outcome’ With Xi as Markets Bet on Trade Truce

  Key Takeaways US President Donald Trump  arrived in  South Korea , the final stop of his Asia tour, with optimism for a  trade breakthrough with China . Talks with  Chinese President Xi Jinping  are expected to produce a  tariff pause and fentanyl export curbs , lifting  global market sentiment . Despite optimism,  US–South Korea investment negotiations remain deadlocked , and  North Korea’s missile test  added geopolitical tension to the backdrop. Trump’s Asia Tour Reaches Its Climax President Trump touched down in  Busan, South Korea , on Wednesday morning, following stops in  Malaysia  and  Japan . He will meet  South Korean President Lee Jae Myung  in Gyeongju before holding crucial trade talks with  China’s Xi Jinping  on Thursday — a meeting investors are watching closely as a potential turning point in the ongoing  US–China trade war . Trump struck an upbeat tone en route: 💬...