News
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Federal govt given green light for Sarawak to purchase own Covid-19 vaccines, says Uggah
KUCHING (April 23): The federal government has approved the Sarawak government’s request to purchase its own Covid-19 vaccines for the use of the people of the state, according…
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Malaysia reports over 2,800 new Covid-19 cases for second day; Selangor leads with 748
KUALA LUMPUR (April 23): New Covid-19 infections today remained above 2,800 for the second straight day with 2,847 cases, raising the country’s total cases to…
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Gains on glove stocks fail to lift KLCI; ACE Market Index up 1.2%
KUALA LUMPUR (April 23): The gains on glove makers failed to lift the FBM KLCI much, as market interest is mainly in the low liners…
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Interstate travel ban to continue — Ismail Sabri
KUALA LUMPUR (April 23): The government will still maintain the interstate travel ban as it is one of the causes of the rise in the…
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DCA approves conditional registration for China's CoronaVac vaccine
KUALA LUMPUR (April 23): The 356th Drug Control Authority (DCA) meeting today agreed to approve the conditional registration for the CoronaVac Suspension for Injection Covid-19…
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EVENING 5: Five things you need to know today
EVENING 5: Berjaya’s Jalil now REDtone deputy chair Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Berjaya…
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Careplus seeks to transfer listing to Main Market
KUALA LUMPUR (April 23): ACE Market-listed Careplus Group Bhd is seeking to transfer its listing status to the Main Market of Bursa Malaysia. In a bourse…
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BCorp, Genting, AirAsia, Sime Darby, Careplus, Fintec Global, Sunsuria, Digi.Com, Maxis, Guocoland, Greatech, CCB, Freight Management, Cypark and Tashin
KUALA LUMPUR (April 23): Based on corporate announcements and news flow today, companies that may be in focus on Monday (April 26) may include: Berjaya…
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Ekovest MD Lim Keng Cheng trims stake; ceases to be substantial shareholder
KUALA LUMPUR (April 23): Lim Seong Hai Sdn Bhd (LSH), an investment vehicle of Ekovest Bhd’s managing director Tan Sri Lim Keng Cheng, has trimmed…
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Should investors pick cheap glove stocks or expensive tech stocks?
KUALA LUMPUR (April 24): Glove and technology stocks on Bursa Malaysia have been outperformers since the Covid-19 outbreak. Given the global shortages of rubber gloves…
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XE Market Analysis: Europe – Apr 22, 2021
The dollar has ebbed to a two-day low by the measure of the narrow trade-weighed DXY index, at 91.00, extending the decline from yesterday’s high at 91.43 and returning focus to Tuesday’s seven-week low at 90.86. EUR-USD concurrently printed a two-day high at 1.2049 while USD-JPY pegged a seven-week nadir at 107.82. The dollar also […]
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XE Market Analysis: North America – Apr 22, 2021
The DXY dollar index posted a two-day low at 91.00, extending the decline from yesterday’s high at 91.43 and returning focus to Tuesday’s seven-week low at 90.86. EUR-USD concurrently printed a two-day high at 1.2055 while USD-JPY pegged a seven-week nadir at 107.82. The dollar also managed to post a two-day low versus the Australian […]
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XE Market Analysis: Asia – Apr 22, 2021
The Dollar headed moderately higher in N.Y. on Thursday, helped a bit by mostly better data. Initial jobless claims fell more than expected, while leading indicators beat forecasts as well. existing home sales were a bit weaker, though were impacted by weather. The DXY made its way from 91.00 early in the session to 91.42. […]
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Putrajaya agrees to extend Convent Bukit Nanas land lease for another 60 years
KUALA LUMPUR (April 22): The Prime Minister’s Office (PMO) today announced that the government has agreed to extend the land lease for Sekolah Menengah Kebangsaan…
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Mah Sing, Key Asic, Pchem, Brahim, Kamdar, Vitrox, Eupe Corp, Boustead Heavy Industries, United Plantations, Cahya Mata Sarawak, Top Glove and Vizione
KUALA LUMPUR (April 22): Based on corporate announcements and newsflow today, companies in focus on Friday (April 23) may be as follows: Mah Sing Group…
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U.S. stocks close down on news of Biden tax proposal
NEW YORK (April 23): U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said…
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Oil steady as Libya output decline offsets risks to Asian demand
NEW YORK (April 23): Oil prices were little changed on Thursday as concerns over lower crude production in Libya offset expectations that rising coronavirus cases…