DAVOS, Switzerland (Reuters) - Malaysia's sovereign wealth fund Khazanah Nasional Bhd is rebalancing its portfolio to invest more in developed markets, with an eye on managing expected risks from the new Donald Trump presidency in the U.S., its top official said. Khazanah invests heavily in Malaysia, with domestic investments amounting to 59.1% of its portfolio, followed by North America at...

01:26 PM EST, 01/21/2025 (MT Newswires) -- Golar LNG (GLNG) said Tuesday its floating liquified natural gas vessel Gimi has received feed gas from the BP (BP)-operated floating production storage and offloading project located offshore Mauritania and Senegal. Golar said Gimi's full commissioning has now begun, with the first LNG export cargo now expected within Q1. Expected within Q2 is...

01:27 PM EST, 01/21/2025 (MT Newswires) -- (Updates with the stock price movement in the headline and the first paragraph.) New Oriental Education & Technology Group ( EDU ) shares fell nearly 23% in recent Tuesday trading after the company's fiscal Q2 profit failed to meet expectations and the education firm set its fiscal Q3 revenue guidance below estimates. The...

01:26 PM EST, 01/21/2025 (MT Newswires) -- Energy stocks were mixed Tuesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) shedding 0.3%. The Philadelphia Oil Service Sector index eased 0.1%, and the Dow Jones US Utilities index was rising 1.7%. Front-month West Texas Intermediate crude oil was declining 2.4% to $76.05...