Press Metal Aluminium's recent share price sell-off appears overdone, says Loh Yan Jin at Maybank IB. The sell-off came despite a more normalized valuation backdrop following the fading of the Middle East war premium, the analyst says in a note. She expects strong 2Q earnings, supported by still fi…
FTSE Straits Times Index Gives Up Opening Gains, Last 0.2% Lower at 5205.03
South Korea's Kospi Extends Early Losses; Last 3.1% Lower at 7408.82
By Matt GrossmanHalfway through the year, the labor market is flashing a virtue that proved elusive for much of 2025: stability. American hiring in 2026 hasn't quite boomed, but it has broadly improved.The latest numbers, released Thursday by the Labor Department, were a disappointment. June's 57,0…
By Dana Mattioli, Josh Dawsey and Shane ShifflettIn Donald Trump's first term, the president called an aide into his study off the Oval Office to assign a new target."Can we break up Amazon?" Trump asked in July 2017. "I hate this son of a bitch Jeff Bezos and I hate the Washington Post," he said…
FTSE Bursa Malaysia KLCI Index Opens 0.2% Higher at 1665.73
FTSE Straits Times Index Opens 0.1% Higher at 5221.14
BlueScope Steel bull Jefferies expects the data-center buildout to help keep the U.S. steel market tight. Jefferies' assumptions for the infrastructure buildout point to an incremental 2 million metric tons of steel demand annually by FY 2030, or about 3.5% of U.S. steel production, says the bank…
Press Metal Aluminium Target Price Cut to MYR9.41 From MYR10.46 by Maybank IB>8869.KU
Sumitomo Chemical Shares Rise 6.0% After JV Plan With Samsung Electro-Mechanics
Canada, Alberta Agree to Pursue New Crude Pipeline to Pacific Coast
Canada, Alberta, Oil Producers Agree to Terms to Launch Carbon-Capture Project
New Canada Pipeline to Be Led by State-Owned Trans Mountain Corp.
New Canada, Alberta Pipeline to Run From Oil Patch Through Southern British Columbia
Gold gains in early Asian trade as investors digest a cooler-than-expected U.S. jobs report. Employers in the country added 57,000 new jobs in June, the U.S. Labor Department said Thursday, lower than economists' expectations for growth of 115,000. A softer labor market is likely to ease pressure o…
Frasers Property Appoints Tan Wee Hsien as Chief Executive, Singapore
Frasers Property: Appointment Effective From Sept. 8
Japanese stocks are lower in early trade as uncertainty over the Middle East conflict continues. Electronics and technology stocks are leading the declines. Kioxia Holdings is down 7.0% and SoftBank Group is 4.6% lower. The dollar is at 161.47 yen, down from Y162.25 as of Thursday's Tokyo stock mar…
2020 ET - Japanese stocks are lower in early trade as uncertainty over the Middle East conflict continues. Electronics and technology stocks are leading the declines. Kioxia Holdings is down 7.0% and SoftBank Group is 4.6% lower. The dollar is at 161.47 yen, down from Y162.25 as of Thursday's Tokyo…
The yen weakens against most other G-10 and Asian currencies on a possible technical correction. The yen strengthened notably overnight as weaker-than-expected U.S. nonfarm payrolls report prompted traders to scale back Fed rate-hike expectations and unwind some long dollar positions, particularly…
