News
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Zahid asked Singaporean businessman for RM10m donation, says witness
“Wong said he knew that the request via the phone call was true because that person who called him had mentioned details of the conversation…
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Sime Darby Plantation commences legal proceedings against NGO Liberty Shared
KUALA LUMPUR (March 11): Sime Darby Plantation Bhd (SDP) has commenced legal proceedings against non-governmental organisation (NGO) Liberty Shared’s managing director Duncan Jepson to obtain…
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Prosecution fails to show how monies seized from OBYU's condo were from 1MDB, argues defence in forfeiture case
KUALA LUMPUR (March 11): A lawyer for UMNO today told the High Court that the prosecution seeking the forfeiture of funds seized from the Pavilion…
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China comfirms overhaul of Hong Kong politics, squeezing democratic opposition
BEIJING (March 11): China’s parliament approved on Thursday a draft decision to change Hong Kong’s electoral system, further reducing democratic representation in the city’s institutions…
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New Covid-19 cases stay below 2,000 level for sixth day
KUALA LUMPUR (March 11): A total of 1,647 new Covid-19 cases were reported in Malaysia today, the sixth straight day with less than 2,000 infections. Today’s…
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KLCI breaks four-day gaining streak on profit-taking
KUALA LUMPUR (March 11): The FBM KLCI closed lower today on profit-taking, after rising over the last four trading days. The benchmark index finished 10.42 points…
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Izaddeen among four named as directors of Boustead Plantations
Encik Izaddeen bin Daud. Photos credit: Boustead Plantations Berhad. KUALA LUMPUR (March 11): Boustead Holdings Bhd deputy group managing director Izaddeen Daud is among four new…
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EVENING 5: Five things you need to know today
EVENING 5: Sime Darby Plant takes legal action against NGO Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
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New fake news law comes into effect; offenders face jail term and RM100,000 fine
KUALA LUMPUR (March 11): The federal government has gazetted an ordinance that seeks to criminalise “fake news” relating to Covid-19 and the Emergency proclamation, with…
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Sime Darby Plantations, FGV, Aimflex, DNeX, Minetech, Pertama Digital, MISC, Genting Malaysia and Boustead Plantations
KUALA LUMPUR (March 11): Based on corporate announcements and news flow today, companies in focus on Friday (March 12) may include: Sime Darby Plantations Bhd,…
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XE Market Analysis: Asia – Mar 09, 2021
The Dollar faded lower beginning during the Asian session, and continuing into the N.Y. morning session. Treasury yields dropped, which weighed on the Greenback, while risk taking levels also improved, also a positive for the USD. Wall Street surged on dip buying, with the NASDAQ pacing the gains, after falling into correction territory on Monday. […]
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XE Market Analysis: Europe – Mar 10, 2021
The dollar has found a footing after ebbing yesterday. Treasury yields have steadied, and the $1.9 tln fiscal stimulus bill passed the procedural vote in the House. EUR-USD has been holding a 30-pip range in the mid-to-upper 1.1800s, consolidating recent declines that yesterday produced a one-month low at 1.1836, and USD-JPY has been consolidating recent […]
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XE Market Analysis: North America – Mar 10, 2021
The dollar has found a footing after ebbing yesterday. Treasury yields have steadied after falling yesterday, and the $1.9 tln fiscal stimulus bill passed the procedural vote in the House. EUR-USD has been holding a 30-pip range in the mid-to-upper 1.1800s, consolidating recent declines that yesterday produced a one-month low at 1.1836, and USD-JPY has […]
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