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Finance news Stories

Bursa extends gains mid-morning

KUALA LUMPUR: Bursa Malaysia extended its gains at mid-morning today as the overnight rise in Wall Street fuelled optimism in the local equities market. At 11am, the benchmark index stood at 1,845.71, up 2.93 points, after opening 1.81 points better … Continue reading

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Titan shares slump after earnings

Reuters Market Eye – Watches and jewellery maker Titan Company Ltd on slumps as much as 6.8 percent. Heads towards biggest single-day fall since Sept. 2013. July-Sept. earnings lagged some estimates. Profit rose 28.6 percent to 2.4 billion rupees ($39.12 … Continue reading

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Japan shares soar, yen skids after BOJ stuns with more easing steps

By Lisa Twaronite TOKYO (Reuters) – Japanese stocks jumped and the yen skidded to six-year lows against the dollar on Friday after the Bank of Japan surprised markets with fresh easing steps – a move aimed at stoking inflation and … Continue reading

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KL shares finish higher

KUALA LUMPUR: Upbeat sentiment from Wall Street’s overnight gains drove Bursa Malaysia to close higher today, with all indices recording positive movement. The FTSE Bursa Malaysia KLCI (FBM KLCI) ended at an intra-day high of 1,855.15, up 12.37 points, after … Continue reading

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Hackers Probing Financial System’s Defenses Show Why Everyone Should Worry

Hackers are testing the financial system’s cyber defenses, and they can boast of some alarming success. Let’s start with what we know. JPMorgan Chase Co. (JPM) says a breach of its computer systems exposed the personal information of 76 million … Continue reading

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Bulls set to win midterm election

The 2014 midterm election is set to be the most expensive midterm in history. Candidates, the parties and outside interest groups are expected to spend $3.67 billion dollars beating by a nose 2010′s $3.63 billion. This year marks a dramatic … Continue reading

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Wal-Mart bringing Black Friday to Halloween weekend

Halloween weekend is shaping up to be a big event for retailers-just not for the reason you might think. Although many consumers plan to extend their Halloween celebrations past Friday, Wal-Mart (WMT) on Saturday will shift its focus from orange … Continue reading

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Shares jump, yen slumps as Bank of Japan cranks up stimulus

By Marc Jones LONDON (Reuters) – World shares jumped and the yen fell to a seven-year low against the dollar on Friday as the Bank of Japan surprised financial markets by significantly expanding its massive stimulus programme. In a rare … Continue reading

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Visa and Baidu are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Visa Inc., up $21.99 to $236.65 The world’s largest processor of debit and credit card payments … Continue reading

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US STOCKS-Wall St up on GDP, earnings; fund year-end lifts winners

* Nikkei report on GPIF allocation changes gives stockssupport * Visa (Xetra: A0NC7B – news) , MasterCard rally after results * Third-quarter GDP tops expectations * Indexes up: Dow 1.3 pct, SP 500 0.6 pct, Nasdaq 0.4 pct By Rodrigo … Continue reading

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Finance News

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