News
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EVENING 5: Five things you need to know today
EVENING 5: KL under MCO from May 7 to 20 Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
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Supermax, Gas Malaysia, Prestar, DNeX, Kerjaya Prospek, UEM Sunrise, Cahya Mata Sarawak and Dufu
KUALA LUMPUR (May 5): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (May 6) include: Supermax Corp Bhd,…
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Denmark, Norway study finds slightly raised blood clot rates after AstraZeneca Covid-19 shot
(May 6): A study in Denmark and Norway has found slightly increased rates of vein blood clots among people who have had a first dose of…
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Dow ends at record high, Nasdaq falls as tech slides
BENGALURU/NEW YORK (May 5): The Dow Jones Industrial Average ended at a record high on Wednesday, driven higher by energy and other economically sensitive sectors, while…
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KLCI trails healthcare gauge drop as Covid-19-driven MCO hits sentiment
KUALA LUMPUR (May 6): The FBM KLCI fell more than 1% in morning trade on Bursa Malaysia today on broad-based selling as investors weighed factors including…
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Malaysian CPO prices near RM4,700 a tonne as commodities strengthen on recovery bets
KUALA LUMPUR (May 6): Malaysian crude palm oil (CPO) prices climbed to a level near RM4,700 a tonne in morning trade on Bursa Malaysia today as…
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Analysts cut Supermax earnings forecasts, target prices on lower ASP expectations
KUALA LUMPUR (May 6): Analysts have revised down their earnings forecasts and target prices (TPs) for Supermax Corp Bhd as they foresee lower average selling prices (ASPs)…
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Special Report: Why is Malaysia lagging behind in the vaccination rollout?
HAVE you registered for the Covid-19 vaccine? That is the question all Malaysians have been asked on a daily basis since the government launched the…
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Govt fails to stop bid by Malaysian mums seeking citizenship for children born abroad
KUALA LUMPUR (May 6): The High Court quashed a bid by the Malaysian government today to strike out lawsuits by Malaysian mothers who want citizenship for…
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Glove stocks in the red amid concerns over mounting pressure on selling prices and overcapacity
KUALA LUMPUR (May 6): While investors are weighing the resurgence in the number of Covid-19 cases and the vaccine roll-out, Supermax Corp Bhd’s remarks on current spot…
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XE Market Analysis: Europe – May 04, 2021
The dollar has lifted out of lows seen yesterday, which were a product of a drop in long-dated U.S. yields following sub-forecast April ISM and March construction data. The narrow trade-weighted DXY USD index has lifted back to near 92.20 after posting a low at 90.87. This returns focus back on yesterday’s two-week peak at […]
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XE Market Analysis: North America – May 04, 2021
The dollar has lifted out of lows seen yesterday, which were a product of a drop in long-dated U.S. yields following sub-forecast April ISM and March construction data. The narrow trade-weighted DXY USD index lifted back to near 92.20 after posting a low at 90.87. This returns focus back on yesterday’s two-week peak at 91.39. […]
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XE Market Analysis: Asia – May 04, 2021
The Dollar was mixed through the N.Y. session on Tuesday, though the DXY ended on a firmer footing, up over 0.3% on the day to 91.29 highs. Data misses dented USD sentiment to a degree, as the March trade deficit widened to a record, and factory orders missed consensus expectations. Wall Street was sharply lower, […]
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