News

KUALA LUMPUR (Nov 13): theedgemarkets.com highlighted 11 stocks with negative momentum at Bursa Malaysia’s afternoon break today.   The stocks with negative momentum were:  Artroniq Bhd –…

KUALA LUMPUR (Nov 13): Malaysia sees no pressing need to employ unconventional monetary policy to support the government’s fiscal spending to battle the pandemic, the…

KUALA LUMPUR (Nov 13): While more states have been placed under the conditional movement control order (CMCO), Bank Negara Malaysia is expecting a sustained recovery…

(Nov 13): China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-billion initial public offering, the Wall Street Journal reported on…

KUALA LUMPUR (Nov 13): Malaysia’s gross domestic product (GDP) shrank by 2.7% in the third quarter of 2020 (3Q20) compared with a sharper contraction of…

  KUALA LUMPUR (Nov 13): Malaysia today recorded 1,304 new COVID-19 cases, after five consecutive days reporting triple-digit infections. This brings the total number of COVID-19 infections…

KUALA LUMPUR (Nov 13): AirAsia Bhd’s digital wallet provider BigPay Later Sdn Bhd, along with seven other “licensed credit community” companies, has obtained the approval…

KUALA LUMPUR (Nov 13): The FBM KLCI erased most of its earlier losses to end the day on a flat note as investors engaged in…

EVENING 5: Malaysia’s GDP contracted 2.7% in 3Q Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Bank…

KUALA LUMPUR (Nov 13): Based on corporate announcements and news flow today, companies in focus next Monday (Nov 16) may include: Top Glove Corp Bhd,…

Some reversal in recent positioning themes has been seen, with the dollar bloc and pound softening against the dollar, and the yen outperforming moderately. This dynamic has been concomitant with global stock markets, outside the case of Japan, flagging. A fall in Chinese tech stocks, sparked by Beijing regulators launching an antitrust investigation, led a […]

A partial reversal in recent positioning themes has been seen, with the dollar bloc and pound softening against the dollar, and the yen outperforming. This dynamic has been concomitant with global stock markets flagging, though Japan’s Nikkei 225 gets a special mention for bucking the trend in rallying to a fresh 29-year high. A fall […]

The Dollar was choppy but rangebound through the N.Y. session, seeing the DXY range between 93.03 and 92.85. Incoming data was mixed with October CPI coming cooler than expected, and initial and continuing claims dropping more than consensus. Neither had much impact on the USD, ass it largely meandered. Wall Street was lower on Covid […]