Stock Market & Investment News

KUALA LUMPUR (March 4): The FBM KLCI closed down 7.19 points or 0.45% today tracking the negative performance of Asian equities after an overnight surge…

KUALA LUMPUR (March 4): The Ministry of Health (MoH) reported 2,063 new Covid-19 cases in the country today, bringing the total number of cases to…

KUCHING (March 4): Sarawak Energy Bhd today inked a power purchase agreement term sheet with Petroliam Nasional Berhad (Petronas) to provide 90 megawatt (MW) of…

KUALA LUMPUR (March 4): The Ministry of Finance (MoF) is looking at settlements with audit firm KPMG and law firm Wong & Partners in relation…

EVENING 5: Khazanah no longer MAS’ sole shareholder post-restructuring Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.  1….

KUALA LUMPUR (March 4): While local banks appear to be off to a decent start this year as loan growth gathered steam in January, leading…

PUTRAJAYA (March 4): The Ministry of Health (MOH) today warned the public against responding to online advertisements on the sale of Covid-19 vaccines in the…

KUALA LUMPUR (March 4): The directive on working from home (WFH) remains in force as of now, even though the Movement Control Order (MCO) status…

KUALA LUMPUR (March 4):  Based on corporate announcements and news flow today, companies in focus on Friday (March 5) may include: Tenaga Nasional Bhd, Sasbadi…

The dollar’s prevailing bias has switched to softening against a backdrop of buoyant stock markets and steady Treasury yields. The DXY dollar index ebbed to a low for the week at 90.67, correcting gains that yesterday left a one-month high at 91.39, while EUR-USD posted a high for the week at 1.2107, having recouped from […]

Risk-off conditions in Asia saw the Dollar rally, though European stocks rallied, and Wall Street largely retained Monday’s sharp gains, resulting in the safe-haven USD ease lower through the N.Y. session. The DXY had printed a near four-week high of 91.39 overnight, though later bottomed at 90.75 after the London close. There was nothing in […]

The dollar has seen a down-and-up price action, ebbing during the Asian session into the London interbank open and then rebounding during the European morning, concomitantly with a rebound in the dollar as U.S. Treasury yields shifted higher amid the backdrop of rallying stock markets. The 10-year T-note yield lifted about 5 bp back above […]