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LONDON (Reuters) -Hedge funds last week ditched tech stocks at the fastest pace in six months and at the highest levels in five years, according to Goldman Sachs, as world markets tumbled on worries over U.S. President Donald Trump's April 2 tariff deadline.
GENEVA: The World Health Organisation said on March 30 the Myanmar earthquake was a top-level emergency as it urgently sought US$8 million to save lives and prevent disease outbreaks over the next 30 days.
SEOUL: As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility.
THE state government is urging the private sector to contribute to the Penang Future Foundation (PFF) as its scholarship fund is running low, with less than RM5mil remaining.
KUALA LUMPUR: Public Bank Bhd's wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM148mil for five funds.
(Reuters) - Wolfspeed's shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised subsidies for chip making in the United States remains uncertain.
The UNWFP warned on Friday that 58 million people are at risk losing life-saving assistance in the agency's 28 most critical crisis response operations unless new funding is received urgently.
WASHINGTON (Reuters) -The U.S. State Department said on Thursday that short-term funding was being given to an initiative documenting abducted Ukrainian children, after Republican President Donald Trump's administration decided to pause the program on January 25.
America and China are 'reinforcing their leadership' in robotics, allowing them to shape the future of automation, new study finds
GENEVA (Reuters) -Programmes to help prevent malnourishment in children in Yemen, Afghanistan and Syria could be suspended within months if urgent funding is not found, the U.N.'s World Food Programme warned on Wednesday.
SHAH ALAM: A woman has pleaded not guilty at the Sessions Court here to three charges of giving contradictory testimony to the Malaysian Anti-Corruption Commission (MACC).
KUALA LUMPUR: The Armed Forces Fund Board (LTAT) announced a dividend rate of 5.25% and a total payment of RM514.20mil for the 2024 financial year (FY2024).
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.
The government is studying the establishment of a National Housing Fund to boost the supply of affordable housing and address rising demand in major urban areas.
OTTAWA, March 26 (Xinhua) -- Canadian Prime Minister Mark Carney on Wednesday announced a fund to bolster the country's auto industry against the tariff imposed by U.S. President Donald Trump, local media reported.
KUALA LUMPUR: AmInvest has declared an income distribution of about RM133.2 million for 47 unit trust and wholesale funds from October to December 2024.
BANGKOK: Former Thai Prime Minister Thaksin Shinawatra is among 22 prominent figures appointed to Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), in an effort to boost positive sentiment toward the Indonesian economy.
(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.
HANOI: The Government is studying the establishment of a National Housing Fund to boost the supply of affordable housing and address rising demand in major urban areas.
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.
