Pressure rises on local bourse as KLCI slips
KUALA LUMPUR (Dec 21): Pressure on Bursa Malaysia’s constituents continued to rise as the morning session wrapped with eyes set on the government’s spending and Covid-19 woes. As at the…
News
-
-
Mah Sing shareholders give nod to rubber glove venture
KUALA LUMPUR (Dec 21): Mah Sing Group Bhd’s shareholders have given the property developer the greenlight to diversify into rubber glove manufacturing through its subsidiary Mah…
-
Ku Nan sentenced to 12 months' jail and RM2m fine for corruption charge
KUALA LUMPUR (Dec 21): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor has been found guilty of the RM2 million graft charge against…
-
Ringgit to be 3.95 against US dollar by end-2021, says Kenanga Research
KUALA LUMPUR (Dec 21): The US dollar to the ringgit exchange rate is expected to be 3.95 by the end of next year, according to…
-
US Congress reaches deal on Covid-19 aid package, plans votes for today
WASHINGTON (Dec 21): US congressional leaders reached agreement yesterday on a US$900 billion package to provide the first new aid in months to an economy…
-
Japan's record US$1 trillion budget highlights Covid-19 challenge to growth, debt
TOKYO (Dec 21): Japan’s cabinet approved today a record US$1.03 trillion budget draft for the next fiscal year starting in April 2021, the Ministry of…
-
-
-
-
-
-
-
-
-
-
-
Gold Price 1Q 2021 Technical Forecast: The Correction May Be Over Soon
Gold has been correcting for several months, a resumption of the bull market may be nearing.
-
Equities Technical Forecast 1Q 2021: Will the 'Santa Rally' Carry Into Next Year?
Wall Street stocks poised to finish the year on strong footing as investors pour into risk assets in view of a vaccine-led global recovery against the backdrop of ultra-loose monetary environment.
-
US Dollar Q1 2021 Forecast: US Dollar Evening Star Drives into Fresh Two-Year-Lows
It was a brutal showing in the US Dollar during the last eight months of 2020. But the big level of critical importance is still lurking below.
-
First batch of Covid-19 vaccines to arrive in February — Azmin Ali
KUALA LUMPUR (Dec 19): The government expects to receive the first batch of Covid-19 vaccines from Pfizer in February next year, said Minister of International…
-
Covid-19: Malaysia records 1,153 new cases, one more death
KUALA LUMPUR (Dec 19): Malaysia reported 1,153 new Covid-19 cases today, with one more death, while Selangor contributed 401 infections to the daily tally. The…
-
XE Market Analysis: Europe – Dec 18, 2020
The dollar has found its feet, concomitantly with global equity markets coming off the boil. Some market narratives have pinned this on news that Pfizer will under-deliver vaccine doses to the U.S. next week, though the Moderna vaccine will reportedly win FDA approval today. News that the U.S. is blacklisting more Chinese companies has been […]
-
XE Market Analysis: North America – Dec 18, 2020
The dollar has found its feet, concomitantly with global equity markets coming off the boil. Some market narratives have pinned this on news that Pfizer will under-deliver vaccine doses to the U.S. next week, though the Moderna vaccine will reportedly win FDA approval today. News that the U.S. is blacklisting more Chinese companies has been […]
-
XE Market Analysis: Asia – Dec 18, 2020
The Dollar ended the week on a firmer footing, after having a pretty tough week overall. The DXY bounced from 89.83 seen at the open, to a high of 90.13 in late morning. USD short covering was the likely driver of the move, as positions were pared into the weekend, and the Christmas shortened week […]
-
-
-
-