News
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Transports of delight: Chinese get a taste of home for Lunar New Year
SHANGHAI (Feb 8): Chinese unable to re-unite with loved ones this Lunar New Year are sending them a taste of home instead, using food packages to…
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BNM's international reserves stood at US$108.6b as at Jan 29
KUALA LUMPUR (Feb 8): Bank Negara Malaysia’s (BNM) international reserves rose to US$108.6 billion as at Jan 29, 2021, from US$107.8 billion as at Jan…
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In 1MDB, either you follow instructions or make your way out, says former CEO
KUALA LUMPUR (Feb 8): The work culture in 1Malaysia Development Bhd (1MDB) was such that one was expected to follow instructions or resign immediately, said…
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KLCI trails healthcare drop, energy up the most as oil tops US$60
KUALA LUMPUR (Feb 8): The FBM KLCI ended down 5.3 points or 0.34% at 1,573.33 today on afternoon selling in an apparent response to Malaysia’s…
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Maybank's foreign shareholding dropped to 16.75% at end-January
KUALA LUMPUR (Feb 8): Malayan Banking Bhd’s (Maybank) foreign shareholding had dropped to 16.75% as of Jan 29, 2021, according to the latest figures on…
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Malaysia has taken active steps to recover 1MDB assets stated in DoJ action in UK — lawyer
KUALA LUMPUR (Feb 8): Malaysia has taken active steps via judicial proceedings within the country to recover the 1MDB assets referred to in the US…
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Covid-19: Malaysia records highest daily fatalities of 24, with 3,100 new infections
KUALA LUMPUR (Feb 8): Malaysia today reported a record high of 24 deaths related to Covid-19, bringing the country’s death toll to 896. New infections totalled…
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Lower net FDI inflow may not be an unfavourable sign — MIDA
KUALA LUMPUR (Feb 8): A lower net foreign direct investment (FDI) inflow is not necessarily an unfavourable sign, the Malaysian Investment Development Authority (MIDA) said…
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EVENING 5: Five things you need to know today
EVENING 5: DNeX consortium wins Khazanah’s SilTerra Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. A consortium…
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Tesla bets US$1.5 bil on bitcoin in new policy; crypto surges
SOUTHFIELD (Feb 8): Tesla Inc invested US$1.5 billion in bitcoin and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending…
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Don't waste taxpayers' money fighting for Taman Rimba Kiara condo project, build homes for longhouse folk instead — TTDI residents
KUALA LUMPUR (Feb 7): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) has urged the Kuala Lumpur mayor and Yayawan Wilayah Persekutuan to not…
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Malaysia confirms 3,731 new infections; active cases climb to 51,241 with 15 more deaths
KUALA LUMPUR (Feb 7): Malaysia’s new Covid-19 infections dropped to 3,73 from 3,847 reported yesterday, but active cases continue to climb to 51,241 today. This marks…
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CNY reunion dinners now allowed for up to 15 family members within 10km
KUALA LUMPUR (Feb 7): The National Security Council (NSC) has approved new standard operating procedures (SOPs) that will allow reunion dinners on the eve of…
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MoH: Seven new clusters identified; including Lembah Selatan construction site cluster in Selangor with 222 infections
KUALA LUMPUR (Feb 7): The Health Ministry identified seven new Covid-19 clusters today, of which three were linked to workplaces, two to Covid-19 infections among…
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XE Market Analysis: Asia – Feb 05, 2021
The DXY retreated in N.Y. on Friday, but not before printing its fifth-consecutive higher daily high. The index topped at 91.60 overnight, later falling to 90.01 in afternoon trade. The FX market had been bidding up the USD all week, on improving fundamental, and an accelerating vaccine rollout, leaving it a bit overbought. A softer […]
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