Alphabet’s ad sales surge in Q1 2018, but so do costs
(Reuters) — Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday. Alphabet got a boost from how it values investments in Uber and other startups. That accounting change […]
As a financial crisis in Turkey shakes global emerging markets, Indonesia is taking a bigger knock than its peers in Asia. The rupiah slumped to an almost three-year low against the dollar and stocks are being dumped. The central bank is selling billions of dollars from its reserves to halt the rout and has raised interest rates four times since mid-May.
KUALA LUMPUR (Aug 15): The FBM KLCI pared some of its gains at the midday break today as regional markets retreated.
At 12.30pm, the FBM KLCI was up 1.52 points to 1,785.30. The index had earlier risen to its intra-morning high of 1,787.66.
Gainers led losers by 304 to 292, while 556 counters traded unchanged. Volume was 1.45 billion shares valued at RM853.07 million.