Sapura Energy’s boss Shahril Shamsuddin to pass baton to Anuar Taib in March 2021
KUALA LUMPUR (Sept 21): Sapura Energy Bhd’s president and chief executive officer (CEO) Tan Sri Shahril Shamsuddin, one of the highest paid top executives in…
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KLCI falls below 1,500 as global Covid-19 cases rise
KUALA LUMPUR (Sept 21): The FBM KLCI finished 7.2 points or 0.48% lower at 1,499.43 as Asian equity indices alongside US stock futures amid rising…
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EVENING 5: Five things you need to know today
EVENING 5: Nine banks in Malaysia in FinCEN files Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Nine…
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Green Packet, MMAG, Gabungan AQRS, Superlon, Scientex, DNeX, Sapura Energy, Bintai Kinden, Supermax, S P Setia, Lagenda Properties and Majuperak
KUALA LUMPUR (Sept 21): Based on corporate announcements and news flow today, the stocks that could be in focus tomorrow are Green Packet Bhd, MMAG…
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Mexican Peso Technical Forecast: Bearish Pressure Remains for USD/MXN
USD/MXN pick up further downside momentum as support levels are taken out
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S&P 500 Index May Struggle Near-Term, Trend Still Leads Higher
The S&P 500 index may struggle in the near term – drifting sideways within the bounds of its Bollinger Band – but the overall trend still looks bullish.
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Driving AMMB forward in a time of crisis
KUALA LUMPUR (Sept 19): AMMB Holdings Bhd group chief executive officer (CEO) Datuk Sulaiman Mohd Tahir recalls the 1997/98 Asian Financial Crisis (AFC), when Malaysian banks…
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China's ByteDance gets Trump nod to avoid TikTok shutdown
WASHINGTON/NEW YORK: US President Donald Trump said on Saturday that he supported a deal in principle that would allow TikTok to continue to operate in…
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Initiatives under PENJANA should continue until economy recovers
TAWAU (Sept 20): The National Economic Recovery Plan (PENJANA) introduced by the government as a measure to tide over the Covid-19 crisis should be continued…
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Sukuk Prihatin subscription hits RM666 mil, exceeding RM500 mil initial target
KUALA LUMPUR (Sept 20): Sukuk Prihatin, a government initiative under the National Economic Recovery Plan (PENJANA), has been oversubscribed, registering a total subscription of more…
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IWK denies claims of polluting Sungai Gong
KUALA LUMPUR (Sept 20): Indah Water Consortium Sdn Bhd (IWK) today said the incident of black coloured water found in Sungai Gong, Rawang, was not…
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Covid-19: Malaysia reports 52 new cases, with a new cluster in Penang
KUALA LUMPUR (Sept 20): Malaysia reported 52 new Covid-19 cases, comprising 40 domestic transmissions and 12 imported cases. This raised the total number of confirmed infections…
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Foreigners planning to enter Sabah and cause trouble during polls — police chief
KOTA KINABALU (Sept 20): Police have received intelligence that certain elements from a neighbouring country are planning to enter Sabah in big numbers to create…
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TikTok owner seeks US$60 bil valuation in US deal
(Sept 20): China’s ByteDance Ltd is seeking a valuation of US$60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app’s…
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Corporate debt frenzy rolls on as worries loom over markets
NEW YORK (Sept 20): Investors are gearing up for the year’s record-breaking pace of corporate bond issuance to continue in the coming week, even after…
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XE Market Analysis: Asia – Sep 18, 2020
The Dollar ended a bit lower overall in N.Y. on Friday, though ranges were narrow, and volumes reportedly light into the weekend. Incoming U.S. data saw the Q2 current account blow out to a 12-year high, though Michigan sentiment was better than expected, and leading indicators were in line with consensus. The reports had little […]
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