FBM KLCI down 0.4% with Asian shares as US government bond yields rise
KUALA LUMPUR (April 23): The FBM KLCI fell 7.39 points or 0.4% while Bursa Malaysia's small-cap index dropped by a larger quantum as Asian shares faced headwinds from higher US government bond yields.
Reuters reported that the spike in oil prices has driven up both market expectations of future inflation and long-term bond yields. Yields on 10-year Treasuries are at the highest since early 2014 at 2.977 percent and again threatening the hugely important 3 percent bulwark. The last time yields neared this number in 2013 it rocked risk appetite and sent stocks sliding.
If you're buying a MacBook in 2020, be on the lookout for a new "ARM Inside" banner. Apple is reportedly working on transitioning away from Intel processors for its MacOS lineup in favor of new custom A-series ARM-based silicon.
The post Apple’s 2020 MacBooks could ditch Intel processors, arrive with ‘ARM Inside’ appeared first on Digital Trends.
KUALA LUMPUR (Oct 18): Based on corporate announcements and news flow today, stocks in focus on Thursday (Oct 18) may include Gabungan AQRS Bhd, PUC Bhd, Country Heights Holdings Bhd, Maxis Bhd, JAKS Resources Bhd and Bioalpha Holdings Bhd.
Gabungan AQRS Bhd posted an 80.7% spike in net profit to RM17.05 million in the third quarter ended Sept 30 from RM9.43 million a year ago, in tandem with higher revenue as its projects moved to more advanced stages of construction.