MARKETWATCH: U.S. stocks edge lower ahead of Fed interest-rate decision…U.S. stock-index futures Wednesday morning edged lower ahead of a Federal Reserve decision that could help guide investor sentiment, amid liquidity issues in money markets and uncertainties surrounding Middle East politics and international trade relationships.
WSJ: U.S. Stocks Open Lower Ahead of Fed Decision
Oil prices slide after days of major swings; bond yields tick down…U.S. stocks opened lower ahead of an interest-rate decision from the Federal Reserve, amid political tensions and a volatile week for oil prices.
CBS – 9:09 AM : Oil prices drop on hope for recovery of Saudi output…Benchmark U.S. crude was down 42 cents to $58.92 per barrel in electronic trading Wednesday. The contract fell $3.56 on Tuesday. Brent crude, the international benchmark, fell 27 cents to $64.28 per barrel in London, having dropped $4.47 the previous session.
KUALA LUMPUR – STAR: The overall household debt level remained elevated at 82.2% of GDP in the first half of 2019, with loans for the purchase of residential properties continuing to be the key driver of debt growth, according to Bank Negara Malaysia…
Arctic Monkeys frontman Alex Turner DO I WANNA KNOW. Enjoy!
KUALA LUMPUR – EDGE: The proposed merger between Mercury Securities Sdn Bhd and JP Apex Securities Bhd, a unit of Apex Equity Holdings Bhd, has hit another stumbling block. The High Court today invalidated the resolutions relating to the merger that had been passed by Apex Equity’s shareholders at an extraordinary general meeting (EGM), after allowing a counterclaim by Pinerains Sdn Bhd. Pinerains owned a 4.17% stake in Apex Equity as at March 29. Apex Equity had received the nod from 54.8% of its shareholders at the EGM held on June 19…