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Malaysia must avoid ‘boom-bust’ cycles to claim Asian Tiger status

Malaysia is working toward having the “the right ingredients” to finally claim “Asian Tiger” status, but must avoid the traps of widening inequality seen elsewhere. That’s according to Abdul Rasheed Ghaffour, the governor of the central bank of Malaysia, who believes the southeast Asian country must avoid a “boom-bust cycle that has happened before.” In the boom years of the …

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New York Stock Exchange to extend after-hours trading

The facade of The New York Stock Exchange is seen in the Financial District in New York City on Nov. 18, 2023. Mairo Cinquetti | Nurphoto | Getty Images The New York Stock Exchange on Friday announced plans to extend trading on its all-electronic exchange to 22 hours a day. The NYSE announcement comes as interest in all-day trading in …

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Tesla shares rise to highest in over a year after Q3 earnings

Elon Musk attends a discussion session during the Cannes Lions International Festival Of Creativity in Cannes, France, June 19, 2024. Marc Piasecki | Getty Images A day after its sharpest rally since 2013, Tesla’s stock on Friday closed at its highest in more than a year as investors and analysts continued to applaud the electric vehicle company’s third-quarter results. Tesla …

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