DoorDash Inc will be joining the Nasdaq 100 Index, while Zoom Video Communications will be removed as part of the annual makeover of the tech-heavy benchmark.

DoorDash to be added to Nasdaq 100, Zoom to be removed

Wall Street's main indexes slipped on Friday after a jobs report pointing to a resilient US labour market dampened hopes that the Federal Reserve would cut interest rates by early next year, while gains in energy shares helped limit declines.

Wall Street dips as rate-cut bets ease after jobs data; energy caps losses

Stock markets will suffer in the first quarter of 2024 as a rally in bonds would signal sputtering economic growth, according to Bank of America Corp’s Michael Hartnett.

BofA strategist says rising bonds will drag on stocks in early 2024

The Nasdaq ended sharply higher on Thursday after Alphabet and Advanced Micro Devices (AMD) sparked a megacap rally on fresh optimism about artificial intelligence (AI).

Nasdaq ends sharply higher as Alphabet and AMD fuel AI surge

The Nasdaq led gains among Wall Street's major indexes on Thursday, driven by a rise in Alphabet shares, while investors looked forward to monthly payrolls data for clues on the Federal Reserve's policy actions.

Wall Street rises on Alphabet boost, payrolls data in focus

US stocks ended down on Wednesday, pulled lower by megacaps and energy shares as signs of a cooling jobs market reinforced expectations that the Federal Reserve (Fed) could start cutting interest rates early next year.

Wall St ends lower as investors weigh fresh employment data

Wall Street's main indexes gained on Wednesday as investors turned more optimistic about rate cuts from the Federal Reserve early next year, after data showed further signs of a cooling jobs market.

Wall Street rises as soft employment data supports rate cut bets

Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the US Federal Reserve (Fed) will cut interest rates as soon as March.

Wall Street ends mixed after job openings hinted at cooling economy

Wall Street's main indexes fell on Tuesday as investors waited for a slew of data, including the crucial jobs report, to gauge whether the Federal Reserve will cut interest rates by early next year.

Wall Street slips as focus shifts to jobs data

(Dec 5): US stocks ended lower on Monday, interrupting last week's rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year.

The S&P 500 receded, with megacaps Micro...

Wall Street ends down as megacaps give back gains

Wall Street's main indexes fell on Monday, as investors remained cautious ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.

Wall Street rally loses steam as data-heavy week looms, yields rise

US stocks advanced on Friday, starting December with a broad rally as remarks from Federal Reserve (Fed) Chairman Jerome Powell bolstered the view that interest rates have peaked.

Wall St rallies as Powell cements peak rate bets

US-listed shares of Alibaba Group Holding declined on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key businesses, hours after PDD raced past its rival to become the most valuable Chinese e-commerce firm.

Alibaba dips on Morgan Stanley downgrade as PDD grabs spot of most valuable Chinese e-commerce firm

The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of easing Federal Reserve (Fed) monetary policy.

Dow rallies to year's highest close, caps blockbuster month

KUALA LUMPUR (Dec 10): It is important to establish the chief information security officer position within every ministry to effectively address the issue of data breaches, following recent incidents such as the breach of the Social Security Organisation (Perkeso) database.

Fahmi: Ministries need to appoint chief info security officer to combat data breaches

HONG KONG (Dec 10): Three Hong Kong pro-democracy activists were arrested on Sunday, just before voting began in a "patriots only" district election that has marginalised formerly popular opposition figures in the city, amid a national security clampdown.

Hong Kong activists arrested in city's 'birdcage' election

KUALA LUMPUR (Dec 10): Malaysia has expressesed its utmost concern on any frivolous and vexatious attempts by any parties employing various tactics to undermine and disrupt the course of criminal proceeding currently ongoing against Gonzalo Stampa.

Malaysia expresses utmost concern over attempts to disrupt criminal proceedings against Gonzalo Stampa

BENGALURU (Dec 10): Social media platform X will reinstate the account of US conspiracy theorist Alex Jones after a poll of the site's users backed his return, X owner Elon Musk said on Sunday.

Musk says conspiracy theorist Alex Jones will be reinstated on X after poll

KUALA LUMPUR (Dec 10): A company and its director, a Singaporean, have been charged in the Sessions Court here on four charges of offering RM15 million worth of Islamic redeemable preference shares (iRPS) to the public between Aug 2020 and Aug 2021.

Company, director charged with offering RM15 mil worth of preference shares to public

GAZA/CAIRO (Dec 10): Israel ordered residents out of the centre of Gaza's main southern city Khan Younis and pounded the length of the enclave overnight, after the United States wielded its UN Security Council veto to shield its ally from a demand for a ceasefire.

Palestinians report Israeli battles in Khan Younis after US blocks Gaza ceasefire call

KUALA LUMPUR (Dec 10): A total of 351 sick and abandoned housing projects, with a gross development value (GDV) of RM32.87 billion, have been completed and restored by the Ministry of Local Government Development (KPKT) throughout one year of the Madani Government's administration.

Madani Govt one year anniversary: Restoring 351 problematic housing projects among ministry’s successes

SHANGHAI (Dec 10): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.

China proposes trading cost cuts for mutual funds, to regulate commissions

SHAH ALAM (Dec 10): A total of 97 individuals will receive the state awards, honours and medals in conjunction with the 78th birthday of the Sultan of Selangor Sultan Sharafuddin Idris Shah on Monday (Dec 11).

97 persons to receive awards, medals in conjunction with Selangor Sultan’s birthday

FOLLOWING a recent request for proposals (RFP) from the General Insurance Association of Malaysia aka Persatuan Insurans Am Malaysia (Piam) and the Malaysian Takaful Association (MTA), the Association of Accredited Advertising Agents Malaysia (4As Malaysia) would like to explicitly state its dissatisfaction with the demand by Piam and MTA for the ownership and retention of agencies’ intellectual property.

Association of advertising agents oppose tenders that usurp ownership of intellectual properties of proposals submitted

KUALA LUMPUR (Dec 10):&nbsp;Husband-and-wife team Ng Han Yang and Rachel Leong, scions of property development and timber families, make their first foray into F&amp;B (food &amp; beverage) with the recent opening of Mellow at Petaling Jaya’s Seventeen Mall.

Days of wine + roses

KUANTAN (Dec 10): The installation of the first track for the East Coast Rail Link (ECRL) project will begin on Monday (Dec 11) — three years before the 665-kilometre (km) railway line that connects the East Coast and the West Coast in the peninsula starts operating in January 2027.

King to grace ceremony to instal first ECRL track on Dec 11

KUALA LUMPUR (Dec 10): A company and its director, a Singaporean, have been charged in the Sessions Court here on four charges of offering RM15 million worth of Islamic redeemable preference shares (iRPS) to the public between Aug 2020 and Aug 2021.

KUALA LUMPUR (Dec 10):&nbsp;Travilion Group of Companies launched its Parq Residence project on Dec 8, and it will be one of the tallest residential buildings in Kuching. Chief executive officer (CEO) Datuk Seri John Lau and co-chief operating officer (co-COO) Peter Lau believe the project will do well, thanks to encouraging booking numbers and also their confidence that high-rise living is something Sarawakians are accepting now.&nbsp;

The sky’s the limit

KUALA LUMPUR (Dec 10): The year 2023 saw Malaysia elevate its commitment toward an inclusive and sustainable public transportation service, which augurs well with the newly launched National Energy Transition Roadmap (NETR) that emphasises clean energy.

Sustainability: The buzzword in 2023 for transportation

DUBAI (Dec 9): Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.

COP28 clashes over fossil fuel phase-out after Opec pushback

SHAH ALAM (Dec 10):&nbsp;A total of 97 individuals will receive the state awards, honours and medals in conjunction with the 78th birthday of the Sultan of Selangor Sultan Sharafuddin Idris Shah on Monday (Dec 11).

KUALA LUMPUR (Dec 10): Saitama Prefecture, which is ranked fifth in terms of population and economic productivity among the prefectures of Japan, is exploring further investment opportunities in Malaysia in the halal food and automated machinery industries.

Japan's Saitama Prefecture keen to invest in halal food, machinery industries in Malaysia

SYDNEY (Dec 10): Australia will triple fees on purchases of existing homes by foreign buyers, Treasurer Jim Chalmers said on Sunday, as part of measures aimed at increasing the supply of affordable housing.

Australia to triple fees on foreign purchasers of existing homes

FOLLOWING a recent request for proposals (RFP) from the General Insurance Association of Malaysia aka Persatuan Insurans Am Malaysia (Piam) and the Malaysian Takaful Association (MTA), the Association of Accredited Advertising Agents Malaysia (4As Malaysia) would like to explicitly state its dissatisfaction with the demand by Piam&nbsp;and MTA for the ownership and retention of agencies’ intellectual property.

SHANGHAI (Dec 10): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.

KUALA LUMPUR (Dec 10): Malaysia has expressesed its utmost concern on any frivolous and vexatious attempts by any parties employing various tactics to undermine and disrupt the course of criminal proceeding currently ongoing against Gonzalo Stampa.

BEIJING (Dec 10): The Philippines and China traded accusations on Sunday over a collision of their vessels in disputed waters of the South China Sea, as tensions over claims in the vital waterway escalate.

Philippines, China trade accusations over South China Sea collision

KUALA LUMPUR (Dec 10): A total of 351 sick and abandoned housing projects, with a gross development value (GDV) of RM32.87 billion, have been completed and restored by the Ministry of Local Government Development (KPKT)&nbsp;throughout one year of the Madani&nbsp;Government's administration.

GAZA/CAIRO (Dec 10): Israel ordered residents out of the centre of Gaza's main southern city Khan Younis and pounded the length of the enclave overnight, after the United States wielded its UN&nbsp;Security Council veto to shield its ally from a demand for a ceasefire.

BENGALURU (Dec 10): Social media platform X will reinstate the account of US conspiracy theorist Alex Jones after a poll of the site's users backed his return, X owner Elon Musk said on Sunday.

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