News
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XE Market Analysis: Europe – Feb 16, 2021
The dollar and more especially the yen came under renewed pressure as the global reflation trade continued. The MSCI Asia-Pacific and U.S. index futures posted fresh highs, although sentiment subsequently weakened somewhat to push these markets off their highs on news that China is considering limits on rare earth mineral exports to the U.S. Such […]
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XE Market Analysis: North America – Feb 16, 2021
The dollar and yen came under renewed pressure as the global reflation trade continued. The MSCI Asia-Pacific and U.S. index futures posted fresh highs, although sentiment subsequently weakened somewhat to push these markets off their highs on news that China is considering limits on rare earth mineral exports to the U.S. Such minerals are essential […]
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KLCI breaks gaining streak as investors shun glove stocks on vaccine news
KUALA LUMPUR (Feb 16): A final-hour selldown that hit rubber glove stocks led to the FBM KLCI breaking its several-session gaining streak. The benchmark index…
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Ban on interstate, interdistrict travel stays — Ismail Sabri
KUALA LUMPUR (Feb 16): The interstate and interdistrict travel restriction is still in force, despite the Movement Control Order (MCO) has been lifted in several…
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Media Prima: Not closing down ntv7, current team to execute DidikTV
KUALA LUMPUR (Feb 16): Media Prima Group Bhd has assured that it will not shut its television channel ntv7 to make way for DidikTV KPM,…
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Arrival of Covid-19 vaccine triggers selling pressure on glove stocks
KUALA LUMPUR (Feb 16): The first batch of Pfizer-BioNTech Covid-19 vaccine will be arriving on local shores coming Sunday. The news triggered a knee-jerk reaction…
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MCO extended in KL and three other states
KUALA LUMPUR (Feb 16): The Movement Control Order (MCO) in Selangor, Kuala Lumpur, Johor and Penang has been extended for another two weeks from Feb…
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Covid-19: New recoveries outnumber infections for third straight day
KUALA LUMPUR (Feb 16): Covid-19 recoveries hit a record high of 5,718 today, well above the 2,720 new daily infections, the Health Ministry said. The previous…
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Kossan’s declares 11 sen dividend as FY20 profit hits RM1.09b
KUALA LUMPUR (Feb 16): Kossan Rubber Industries Bhd reported today a net profit of RM523.49 million for the fourth quarter ended Dec 31, 2020 (4QFY20),…
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Covid-19: Another 19 clusters detected, raising nation’s total above 1,000
KUALA LUMPUR (Feb 16): The Health Ministry has identified 19 new Covid-19 clusters, 14 of which are linked to workplaces. Four others were community clusters,…
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Genting Malaysia's hilltop casino resumes operation today
KUALA LUMPUR (Feb 16): Genting Malaysia Bhd said Resorts World Genting (RWG) and Resorts World Awana resumed business at 6pm today, after the group temporarily…
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EVENING 5: Five things you need to know today
EVENING 5: MCO 2.0 extended for KL and three other states Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to…
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XE Market Analysis: Europe – Feb 15, 2021
The dollar has been trading softer amid a resumption in the reflation trade, and despite the strong rise in U.S. Treasury yields, which has seen the 10-year note yield rise above 1.20% and the 30-year bond yield cheapen above 2.0%. Global stock markets are back in rally mode, oil prices high fresh 13-month highs, and […]
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XE Market Analysis: North America – Feb 15, 2021
The dollar has been trading softer amid a resumption in the reflation trade, and despite the strong rise in U.S. Treasury yields, which has seen the 10-year note yield rise above 1.20% and the 30-year bond yield cheapen above 2.0%. Global stock markets are back in rally mode, oil prices high fresh 13-month highs, and […]
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