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Technology stocks have been in the doldrums for the past 18 months due to weakening global tech demand and inflationary pressures that triggered an inventory glut across the industry. ....
PETALING JAYA: AmInvestment Bank Bhd (AmInvest) is aiming for five to 10 per cent growth in its foreign investing services (FIS) in the near term from about 0.5 per cent of its total trade value in the foreign markets currently. ....
PETALING JAYA: Incessant political squabbles are raising the Malaysian stock market’s risk premium and experts say the continuation of such noises will weigh down any upside in the market. With Prime Minister Tan Sri Muhyiddin Yassin insisting yesterday that he will not resign unless his fate is tested in a no-confidence vote to be tabled in September, this means political uncertainties will prolong for at least another month. The announcement by the Prime Minister came at a time when market sentiment was already suffering from the threat of high Covid-19 cases, the extremely long movement restriction period and weak economic conditions. ....