News
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Cover Story: AMMB: What’s next after RM2.8 billion settlement?
IT has been about a week since AMMB Holdings Bhd stunned the market on Feb 26 with news that it would be paying a massive…
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Covid-19: Malaysia reports 1,213 new infections on first anniversary of MCO
KUALA LUMPUR (March 18): The Ministry of Health reported 1,213 new Covid-19 infections today, with three more deaths, raising cumulative coronavirus infections in the country…
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SC expecting 'healthy pipeline' of 30 IPOs for 2021
KUALA LUMPUR (March 18): The Securities Commission Malaysia (SC) expects a “healthy pipeline” of around 30 initial public offerings (IPOs) for 2021 compared with 19…
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Datasonic says not involved in corruption trial against deputy managing director
KUALA LUMPUR (March 18): Datasonic Group Bhd clarified today that it is not involved in the corruption charge faced by its deputy managing director Chew Ben…
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BCorp teams up with London-based merchant bank to provide advisory services
KUALA LUMPUR (March 18): Berjaya Corporation Bhd (BCorp) has joined forces with London-based merchant bank and investment firm New World Capital Advisors Ltd (NCWA) to…
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KLCI tracks regional peers to rise 0.19% amid gains in tech stocks
KUALA LUMPUR (March 18): The FBM KLCI closed slightly higher today in line with regional advances after the US Federal Reserve (Fed) decided to maintain its…
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SC highlights completion of Goldman Sachs probe as a key enforcement achievement
KUALA LUMPUR (March 18): The Securities Commission Malaysia (SC) highlighted the completion of its investigation into the Goldman Sachs Group Inc (GSG) entities as one…
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Three Malaysian telcos seal deal to jointly develop fibre infrastructure to avoid duplication
KUALA LUMPUR (March 18): Telecommunications companies (telcos) Celcom Axiata Bhd, Digi Telecommunications Sdn Bhd and Maxis Bhd have concluded a definitive agreement to jointly develop…
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EVENING 5: Five things you need to know today
EVENING 5: No GST or new tax for now Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….
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Axiata, DiGi, Maxis, Berjaya Corp, Datasonic, Gagasan Nadi Cergas, Hock Seng Lee, Jaycorp, IOI Corp, MR DIY and Uzma
KUALA LUMPUR (March 18): Based on corporate announcements and news flow today, companies in focus on Friday (March 19) may include: Axiata Group Bhd, DiGi.Com…
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XE Market Analysis: Europe – Mar 17, 2021
The dollar is up on yesterday’s lows and near trend highs, although has remained within the bounds of ranges that were seen yesterday. Stock markets have hunkered down defensively into the Fed policy announcement and revised economic forecasts, which are due later today, while Treasury yields have remained buoyant, with the 10-year T-note yield nudging […]
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XE Market Analysis: North America – Mar 17, 2021
The dollar is up on Tuesday’s lows, although has remained within the bounds of ranges that were seen yesterday. Stock markets have hunkered down defensively into the Fed policy announcement and revised economic forecasts, which are due later today, while longer dated Treasury yields have remained buoyant, with the 10-year T-note yield nudging to fresh […]
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XE Market Analysis: Asia – Mar 17, 2021
The USD overall edged a bit higher through the morning session ahead of the FOMC announcement, seeing the DXY rise to a high 0f 92.00, and up from pre-open lows of 91.82. Higher Treasury yields ahead of the Fed were supportive of the USD, as the 10-year note rate hit its highest in 13-months. USD-JPY […]
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