COVID-19: CMCO only in Klang Mukim, Port Klang to operate as usual
KUALA LUMPUR (Oct 8): The Conditional Movement Control Order (CMCO) in Klang, Selangor, which will take effect from midnight tonight, involves only areas in the…
Stock Market & Investment News
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Industrial, economic activities in Klang allowed to operate as usual — Azmin Ali
KUALA LUMPUR (Oct 8): Industrial and economic activities in the Klang District are allowed to operate as usual with strict adherence to the Standard Operating…
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EVENING 5: Five things you need to know today
EVENING 5: Bulk of highest-paid boards are family-controlled 1. Seven of the top 10 highest-paid boards are family-controlled companies according to a Securities Commission finding. 2. Datuk…
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AirAsia to return planes to lessors, shrink fleet, says CEO
KUALA LUMPUR (Oct 8): Malaysia’s AirAsia Group Bhd is looking to slash dozens of planes from its fleet by returning aircraft to lessors, Group Chief…
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36 housing estates in Klang to be placed under CMCO from midnight tonight
SHAH ALAM (Oct 8): A total of 36 housing estates in Klang mukim (sub-district) will be placed under the Conditional Movement Control Order (CMCO) from…
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Five new Covid-19 clusters with 53 infections identified
KUALA LUMPUR (Oct 8): Five new Covid-19 clusters have been detected in Sabah, Sarawak, Labuan and Kuala Lumpur with 53 total infections. The new clusters are…
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Top Glove, AirAsia, Brite-Tech, Censof, MyEG, Euro Holdings, UMW, Pestech and Mi Technovation
KUALA LUMPUR (Oct 8): Based on corporate announcements and news flow today, companies that may be in focus tomorrow include Top Glove Corp Bhd, AirAsia…
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XE Market Analysis: North America – Oct 07, 2020
The dollar and yen fell back against most currencies during the European morning, concurrently with a rally in U.S. equity index futures after Trump tweeted that he is ready to sign-off on a support scheme for airlines (totalling $25 bln), wage protection ($135 bln), and a $1,200 stimulus check. This helped offset his abrupt postponement […]
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XE Market Analysis: Europe – Oct 07, 2020
The dollar has come off the boil after rallying during the New York afternoon when President Trump abruptly called off talks with the Democrats on further fiscal aid until after the election. This catalysed a bout of risk-off positioning, which featured dollar and yen buying in currency markets. Trump subsequently tweeted that he is ready […]
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XE Market Analysis: Asia – Oct 07, 2020
After rallying sharply on Tuesday after Trump canceled stimulus negotiations, then pulling back overnight as Trump offered up targeted stimulus, the Dollar was relatively steady through the N.Y. session on Wednesday. Fresh hopes for stimulus saw Wall Street erase Tuesday’s sharp losses, and sent Treasury yields higher. There was no data to move markets, and […]
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Dow Jones, S&P 500, DAX 30 at Risk. Will Retail Traders Chase Declines?
Retail investors may increase net-long bets in the Dow Jones, S&P 500 and DAX 30 after US fiscal stimulus talks collapsed. If so, what are key technical levels to keep an eye on?
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GBP/JPY IG Client Sentiment: Our data shows traders are now net-short GBP/JPY for the first time since Sep 24, 2020 when GBP/JPY traded near 134.38.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bullish contrarian trading bias.