News
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Value of Vincent Tan’s BCorp stake rises RM642 mil after share price rally
KUALA LUMPUR (April 1): The value of Tan Sri Vincent Tan’s equity stake in Berjaya Corp Bhd (BCorp) has increased by RM642.4 million or 143%,…
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No directive from assembly for Umno reps to quit govt posts, says Ismail Sabri
KUALA LUMPUR (April 1): No decision was made at last weekend’s Umno general assembly for ministers, menteri besar, deputy ministers, state executive council members and government-linked company (GLC) chairmen…
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Hong Kong tycoons emerge as losers from Xi’s election revamp
(April 1): When China regained control of Hong Kong more than two decades ago, the Communist Party entrusted the city’s wealthiest tycoons with enormous influence over…
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No new additional issue on forced labour discovered, says Top Glove
KUALA LUMPUR (April 1): Top Glove Corporation Bhd said following the recent findings against the group by the US Customs and Border Protection (CBP), no…
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EVENING 5: Five things you need to know today
EVENING 5: MyNews to open 100 stores this year Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….
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AmBank proposes private placement to raise an estimated RM810m
KUALA LUMPUR (April 1): Following its RM2.83 billion settlement with the government in relation to the 1MDB scandal, AMMB Holdings Bhd (AmBank) has proposed a…
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Fully vaccinated individuals may be allowed to travel interstate, overseas — Muhyiddin
KUCHING (April 1): Individuals who complete two doses of the Covid-19 vaccine may be allowed to travel interstate or even abroad, Tan Sri Muhyiddin Yassin…
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MyNews, Panasonic, Omesti, Bermaz Auto, Bintai Kinden, Sime Darby Plantation, Top Glove, Media Prima, Astro, SHH Resources and AMMB
KUALA LUMPUR (April 1) : Based on corporate announcements and news flow today, companies in focus on Friday (April 2) may include: MyNews Holdings Bhd,…
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Feasibility of Biden’s $2 trillion infrastructure plan uncertain: analysts: Global Times
(April 2): US President Joe Biden introduced on Wednesday a $2 trillion plan over eight years in a bid to create millions of jobs in…
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'Every step of the way': McConnell pledges battle over Biden infrastructure plan
WASHINGTON (April 2): U.S. Senate Minority Leader Mitch McConnell on Thursday said he will fight President Joe Biden’s $2 trillion infrastructure plan “every step of…
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XE Market Analysis: Europe – Mar 31, 2021
The dollar has remained underpinned, as have mid- to longer-dated Treasury yields, albeit off yesterday’s peaks. The DXY dollar index pegged a new five-month high at 93.44, racking up the sixth higher high out of the last seven trading days. EUR-USD concurrently posted a five-month low at 1.1704, while USD-JPY clocked a new one-year high […]
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XE Market Analysis: North America – Mar 31, 2021
The dollar posted fresh highs against the euro and yen before correcting somewhat. U.S. Treasury yields at mid- to longer-dated maturities remained underpinned, albeit off yesterday’s 14-month peaks. The DXY dollar index pegged a new five-month high at 93.44, racking up the sixth higher high out of the last seven trading days, before ebbing back […]
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XE Market Analysis: Asia – Mar 31, 2021
After hitting fresh near five-month highs overnight, the DXY lost some ground through the London morning session, and in N.Y. morning trade. The Dollar index fell from 93.44 to 92.99 lows in late morning. Profit taking appeared to be a motive, despite mostly better data. The ADP employment survey about met expectations, while the Chicago […]
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