Skip to main content

Posts

Showing posts with the label us presidential debate 2024

Featured Post

Market Daily Report: Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.

Walz and Vance Engage in Civil but Contentious Vice Presidential Debate

In a surprisingly civil vice presidential debate held on Tuesday, Democratic nominee Minnesota Governor Tim Walz and Republican nominee US Senator JD Vance clashed over key policy issues while largely maintaining a cordial demeanor. This debate comes amid an increasingly contentious election campaign marked by inflammatory rhetoric and two assassination attempts. Despite their history of sharp attacks on each other during the campaign, the two rivals reserved their criticisms for their respective running mates: Democratic Vice President Kamala Harris and former Republican President Donald Trump . The most intense moment of the debate occurred towards the end, when Vance, who previously stated he would not have voted to certify the results of the 2020 election, avoided addressing whether he would challenge this year's vote if Trump were to lose. In response, Walz pointed out that Trump’s false claims of voter fraud incited the January 6, 2021, attack on the Capitol. “He is still ...

Asian Stocks Dip as US Debate Unfolds, Yen Strengthens Amid Growth Concerns

Asian stocks fell on Wednesday, driven by concerns over global growth, the impact of the U.S. presidential debate, and an anticipated U.S. inflation report. The yen gained strength after a Bank of Japan (BOJ) member indicated potential for further interest-rate hikes. Key Takeaways: Market Reactions to Economic Indicators and Events : The region’s equities gauge declined for a third consecutive session, led by Japan and Hong Kong, as traders prepared for the U.S. consumer price index release and the Federal Reserve's policy meeting next week. Concerns over global growth were heightened by a drop in oil prices below $70 per barrel and lower U.S. Treasury yields. Currency Movements and Policy Expectations : The dollar edged lower while the yen reached its strongest level against the greenback since January. This shift followed comments from BOJ policymaker Junko Nakagawa, who suggested that the BOJ would adjust its easing measures if economic conditions aligned with expectations. The...

Key Takeaways from Trump and Biden's First Presidential Debate: What Investors Need to Know

Biden’s Struggles Raise Questions About Candidacy President Joe Biden's debate performance was widely seen as disappointing, with numerous misspeaks, bouts of coughing, and a perceived lack of energy. This has intensified concerns about his age and ability to lead for another term, prompting discussions within the Democratic Party about the possibility of replacing him on the ticket. Trump Seizes the Momentum Former President Donald Trump capitalized on Biden's missteps, maintaining energy throughout the debate and delivering sharp attacks. Despite his characteristic exaggerations and falsehoods, Trump managed to stay focused and avoid the outbursts that marred his previous debates. This has strengthened his position as the frontrunner, with undecided voters showing increased support for him. Key Issues Highlighted Abortion : Biden missed an opportunity to leverage this strong Democratic issue, instead pivoting to immigration, a weaker area for him. Economy : Trump attacked Bid...