News
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Gold Price Range Finally Breaks, Silver Bear-flag Set to Trigger
Precious metals are finally set to make a move after a brutally tight set of trading conditions; levels to keep an eye on as vol looks to pick up again.
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XE Market Analysis: Europe – Sep 28, 2018
The Dollar has remained buoyant, with USD-JPY printing a new 2018 high at 113.63, with the aid of a measure of specific yen weakness, and EUR-USD posted an 11-day low at 1.1633. Cable ebbed to a four-day low, USD-CAD saw a two-week high, and AUD-USD a 10-day low. The strong 4.2% y/y outcome in U.S. […]
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XE Market Analysis: North America – Sep 28, 2018
The Dollar and Yen have continued to rally against most other currencies. The USD index (DXY) was slightly off its highest but still showing a 0.4% gain heading into the New York interbank open. EUR-USD continued what is now a three-day tumble in posting a 16-day low at 1.1581. The Euro has also been trading […]
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XE Market Analysis: US Dollar Closes Quarter Strongly as G-10 Peers Lag Behind
OVERVIEW The Dollar Index swings back into positive territory on strong data and a hawkish Fed The Euro slides lower on Italian budget deficit concerns The Canadian Loonie gains strength as GDP beat estimates Oil futures up as WTI trades near $72.22 a barrel
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XE Market Analysis: Asia – Sep 28, 2018
The Dollar index pulled back from levels last seen on September 10, topping at 95.36, before falling back to 95.02 lows into the London close on the back of week- and month-end position squaring. U.S. data was mixed, and include about in-line income and spending figures, though Chicago PMI and Michigan sentiment missed the marks, […]
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Syed Md Najib is Pos Malaysia's new group CEO
KUALA LUMPUR (Sept 28): Pos Malaysia Bhd has appointed Syed Md Najib Syed Md Noor as its group chief executive officer (CEO) effective Oct 1,…
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Gobind: Amendment to Communication and Multimedia Act completed
KUALA LUMPUR (Sept 28): Communications and Multimedia Minister Gobind Singh Deo said his ministry has completed the proposed amendments to Sections 53 and 233 of…
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Berjaya Corp posts 1Q profit of RM35m
KUALA LUMPUR (Sept 28): Berjaya Corp Bhd (BCorp) posted a net profit of RM35.06 million in its fiscal first quarter ended July 31, 2018 (1QFY19)…
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Gamuda JV acquires land in Singapore for RM963m
KUALA LUMPUR (Sept 28): After having emerged as the highest bidder at S$318.89 million (RM963 million) a week ago, Gamuda Bhd today confirmed its purchase…
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Bursa Malaysia seeks feedback on suitability of quarterly reporting framework
KUALA LUMPUR (Sept 28): Bursa Malaysia is seeking public feedback via a consultation paper on the suitability of the existing quarterly reporting framework in Malaysia,…
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Gamuda slips into the red in 4Q on disposal loss, impairment
KUALA LUMPUR (Sept 28): Gamuda Bhd fell into the red in the fourth financial quarter ended July 31, 2018 (4QFY18), due to a one-off loss…
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35-year-old unknown creates the world's most valuable startup
(Sept 28): When Zhang Yiming first shopped the idea of a news aggregation app powered by artificial intelligence six years ago, investors including Sequoia Capital…
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Shell's US$31 bil LNG Canada project 'sprints' ahead as Asian partners give OK
(Sept 28): Two of Royal Dutch Shell Plc’s Asian partners in a liquefied natural gas venture in western Canada approved their share of the investment,…
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WCT, Mitrajaya, IJM take home prizes at MCIEA 2018
KUALA LUMPUR (Sept 28): WCT Holdings Bhd walked away with two major awards at the 18th Malaysian Construction Industry Excellence Awards (MCIEA) tonight. The property developer…
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Notion VTec, IRIS, Sapura Energy, Mah Sing, Scomi, Pos Malaysia, Reach Energy, Cypark, Comfort Gloves, Gamuda, KPS, Berjaya Corp, MyEG and Ikhmas Jaya
KUALA LUMPUR (Sept 28): Based on corporate announcements and news flow today, companies in focus on Monday (Oct 1) may include: Notion VTec Bhd, IRIS…
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