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The fund flow picture for the country appears to be soft on the surface. Data showed foreign funds have been net selling Malaysian stocks and total foreign shareholdings on Bursa Malaysia are now at near historical lows.
WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday that French far-right leader Marine Le Pen's conviction and resulting prohibition from running in the 2027 presidential election was a "very big deal."
The United Steelworkers (USW) says an activist investor wants to sell United States Steel Corp's (US Steel) state-of-the-art mills to fund sweeping upgrades of union-run facilities that date back to the days of Andrew Carnegie.
America and China are 'reinforcing their leadership' in robotics, allowing them to shape the future of automation, new study finds
(Reuters) -AustralianSuper has sold its stake in WiseTech Global as the logistics software giant's recent handling of founder Richard White's transition did not meet its expectations, the country's largest pension fund said on Wednesday. The fund no longer held an active shareholding in WiseTech, it said, having sold about A$580 million ($366.2 million) worth of stock to close its 1.9% position over the past couple of weeks.
New sovereign fund Danantara Indonesia unveiled on Monday what it called a "dream team" to chart its strategy, including ex-presidents as well as advisory roles for top finance experts.
(Reuters) - Tether, the creator of the world's largest stablecoin, is "engaging with a Big Four accounting firm" as it pushes for a long-awaited audit of its reserves, an effort CEO Paolo Ardoino said will be easier under U.S. President Donald Trump.
HONG KONG: China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world's second-largest economy.
Multi-strategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market sell-off that's forcing them to unwind crowded trades at a ferocious clip.
The excitement over China's technology development that pushed the nation's stocks to outshine their global peers has attracted a substantial inflow of money from retail investors at home.
The National Trust Fund (KWAN) is a huge missed opportunity for Malaysia. After nearly four decades of existence since its establishment in 1988, the natural resource fund's asset size has only grown to RM15.5bil by 2022.
Market analysts remain confident that the sell-down in the Jakarta Composite Index (JCI) on Monday and Tuesday will not become a contagion and spread over to the FBM KLCI.
PETALING JAYA: As the Trump administration severely scales back on foreign aid by dismantling the US Agency for International Development (USAID), activists now fear that this may shut down crucial programmes and some non-governmental organisations (NGOs) due to a lack of funds.
SYDNEY (Reuters) - Tesla chair Robyn Denholm has moved out of her role as operating partner at Australia's biggest venture capital fund, Blackbird VC, people familiar with the situation said, while she remains a board member and adviser to the firm.
There are growing doubts about a pledge by rich nations to provide more climate finance to poorer nations, as foreign aid budgets are slashed and the US guts environmental spending.
Some of the world’s largest hedge funds are hiring doctors, scientists and analysts to give them expert insight into the prospects for pharmaceutical stocks after big share swings in the sector, sources say.
(Reuters) - Alphabet said on Tuesday it would buy Wiz for $32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft.
LONDON: Hedge fund stock pickers and multi-strategy funds gave up around half their average yearly gains last Thursday's tech-driven equity sell-off, a note by Goldman Sachs shows.
KOTA KINABALU: Animal shelters in Sabah are constantly faced with financial burdens as well as mental and physical challenges to continue with their rescue work for strays.
Cumulative net selling from 2021 to 2024 amounted to US$11.2 billion, surpassing net buying in 2019 to 2020
