News
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US Dollar Outlook Bearish vs Mexican Peso, South Korean Won
USD/MXN has punctured key resistance after a multi-week interim of directionless trading while USD/KRW selling pressure may be building.
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Dow Jones, S&P 500, DAX 30 Forecast: Will Prices Stabilize Further?
Following losses, IG Client Sentiment hints the Dow Jones and S&P 500 could further stabilize. Will Germany’s DAX 30 extend gains as retail investors increase downside exposure?
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FTSE Technical Outlook – Channel Becoming Increasingly Influential
The FTSE continues to stay within the confines of a channeling structure; watch how top part is greeted should it be met soon.
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Zafrul: RM140b Bandar Malaysia will be country’s biggest development
KUALA LUMPUR (Sept 16): The kickstart of Bandar Malaysia will boost business across all sectors as it will be a hub to local and international…
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40% stake in IWH-CREC may cost Ekovest RM1.5b
KUALA LUMPUR (Sept 16): The price tag for a 40% stake in IWH-CREC Sdn Bhd, which Ekovest Bhd is currently in talks to acquire, is…
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Hartalega does not foresee sharp earnings fall after FY22
KUALA LUMPUR (Sept 16): Hartalega Holdings Bhd, which expects an additional demand for 120 billion pieces of disposable gloves in the next three years, does…
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In latest update, Sime Darby Plantation says foreign shareholding slips to below 10%
KUALA LUMPUR (Sept 16): Sime Darby Plantation Bhd’s foreign shareholding slipped to 9.97% as at August 28, 2020 from 10% in July 2020, according to…
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Petronas: LNG-fuelled tankers to more than double by 2030
SINGAPORE (Sept 16): The number of ships fuelled by liquefied natural gas (LNG) is expected to more than double by 2030, driven by the shipping…
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Oil jumps as hurricane hits US output while crude stocks decline
TOKYO (Sept 16): Oil prices rose for a second day on Wednesday, gaining more than 2% as a hurricane closed US offshore oil and gas…
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Malaysia's Covid-19 cases top 10,000 after identifying 62 newly-infected individuals
KUALA LUMPUR (Sept 16): Malaysia reported today 62 new Covid-19 cases, which bring the cumulative number of infected individuals in the country so far to…
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PM Muhyiddin launches Gabungan Rakyat Sabah Pledges
KOTA KINABALU (Sept 16): Prime Minister Tan Sri Muhyiddin Yassin today launched the document on the Gabungan Rakyat Sabah (GRS) Pledges for the people of…
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OECD lifts economic outlook on stronger-than-expected US, Chinese recoveries
PARIS (Sept 16): The global economy appears to be recovering from the coronavirus slump faster than thought only a few months ago, thanks to improving…