News
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Govt offers discounts on compounds for offences under Act 342
PUTRAJAYA (March 17): The Cabinet today agreed to set the guidelines in determining the compound amount and discount rate under Act 342 and the regulations made thereunder…
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Here’s the list of PEMERKASA initiatives for tourism, retail and Covid-19 affected sectors
KUALA LUMPUR (March 17): The government has introduced new initiatives and extended existing ones for tourism, retail and other sectors that are affected by Covid-19…
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EVENING 5: Five things you need to know today
EVENING 5: PM unveils RM20 bil Pemerkasa stimulus Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Prime…
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Jardine CCL makes fresh takeover bid for Cycle & Carriage Bintang at RM2.40 per share
KUALA LUMPUR (March 17): Cycle & Carriage Bintang Bhd’s (CCB) largest shareholder Jardine Cycle & Carriage Ltd (Jardine CCL) has made a fresh bid to…
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Treasury yields spike to multi-month highs ahead of Fed decision
(March 17): US Treasuries extended their selloff before the Federal Reserve’s policy decision on Wednesday, with yields rising to multi-month highs. The benchmark 10-year rate climbed…
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Top Glove, Jaycorp, Pharmaniaga, Wah Seong, Kejuruteraan Asastera, CCB, Serba Dinamik
KUALA LUMPUR (March 17): Based on corporate announcements and news flow today, companies in focus on Thursday (March 18) may include Top Glove Corp Bhd,…
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Cover Story: After a year of MCO, recovery in sight
EXACTLY a year ago, there were whispers swirling that a lockdown would soon be imposed on the country, owing to the rising number of Covid-19…
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Cover Story: The correlation between mobility and GDP growth
THERE is a correlation seen between mobility data for Malaysia tracked by Google and the country’s gross domestic product (GDP) growth. Compiled by Google, the mobility…
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Cover Story: A fruitful year for local equities
IT has been a year since the first Movement Control Order (MCO) was imposed on the country and the global equity market rout that saw…
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Cover Story: Winners and losers in post-pandemic era
A year after the outbreak of Covid-19, pandemic losers may gradually be transformed into winners with the economy poised to return to positive growth on…
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XE Market Analysis: Europe – Mar 16, 2021
Currencies have been trading with stability amid a benign backdrop of buoyant stock markets and softer yields as markets anticipate dovish guidance from the Fed and tomorrow’s conclusion of the FOMC meeting, which begins later today. This is despite the $1.9 tln fiscal stimulus, which is being implemented on top of a better than anticipated […]
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XE Market Analysis: North America – Mar 16, 2021
Currencies have mostly been trading with stability amid a benign backdrop of buoyant stock markets and softer yields as markets anticipate dovish guidance from the Fed and tomorrow’s conclusion of the FOMC meeting, which begins later today. This is despite the $1.9 tln fiscal stimulus, which is being implemented on top of a better than […]
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XE Market Analysis: Asia – Mar 16, 2021
The Dollar was softer in early morning trade, weighed down some by a weak February retail sales report, and a big miss in February industrial production. The DXY bottomed at 91.68, though later recovered to one-week highs of 92.03. The bounce in the index was largely due to an underperforming Euro. The USD stayed lower […]
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