News
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Euro Longs Ease, GBP/USD Traders Complacent Over No-Deal Brexit Risks – COT Report
GBP/USD Traders are Poorly Positioned for No-Deal Brexit Risks, Further Downside Eyed.
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USD/JPY Technical Outlook – Triangulating Towards a Breakout
USD/JPY is doing as it has done before, becoming unsustainably choppy; but a move is imminent with it running out real estate on the charts.
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Rakuten Trade positive on KLCI outlook, sets year-end target at 1,580
KUALA LUMPUR (Sept 14): Following the consolidations seen recently, Rakuten Trade Sdn Bhd expects the FBM KLCI to trade higher going forward and forecasted it…
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Rizal admits to getting almost RM1m and an umrah trip from Jepak's ex-MD, consultant
(The prosecution in Datin Seri Rosmah Mansor’s graft trial has clarified that it was Datuk Ahmed Farriq Zainul Abidin who was paid RM30,000, and not…
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Alibaba in talks to invest US$3b in Grab — sources
(Sept 14): Alibaba Group Holding Ltd. is in talks to invest $3 billion into Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar…
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Stocks up as Covid-19 vaccine hopes support sentiment
KUALA LUMPUR (Sept 14): The FBM KLCI closed up 6.51 points or 0.43% at 1,511.36 today with world share indices as news on the resumption…
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1MDB was set up to raise money for Najib and Umno, says former CEO
“Jho Low informed me that 1MDB is a company controlled by Najib and the company is to act on the then PM’s whims. Any decision…
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Covid-19: Malaysia's active cases rise past 600 again, highest since June
KUALA LUMPUR (Sept 14): Malaysia’s active cases, which have been climbing for the past nine days, surpassed the 600-mark again today, with 615 recorded —…
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Najib hired media consultant to handle IPP backlash — ex-1MDB CEO
KUALA LUMPUR (Sept 14): Former prime minister Datuk Seri Najib Razak had hired a media consultant to answer questions lobbed by the opposition and media…
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EVENING 5: Five things you need to know today
EVENING 5: Analysts wary of GenM and Empire’s stock subscription 1. Analysts weigh in on Genting Malaysia Bhd’s plans to take part in Empire Resorts Inc’s…
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1MDB the 'biggest trap in Malaysia's corporate history', says former CEO Hazem
KUALA LUMPUR (Sept 14): After working for 1Malaysia Development Bhd (1MDB) for roughly three years, former chief executive officer (CEO) Mohd Hazem Abdul Rahman concluded…
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'Najib would sign shareholders' resolutions before DCR approved'
KUALA LUMPUR (Sept 14): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO), Mohd Hazem Abdul Rahman, told the High Court that he had witnessed…
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Pound Technical Outlook: GBP/USD in for Another Bumpy Week
The GBP/USD is in for another interesting week as Brexit intensifies; in a precarious position technically.
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Crude Oil Price Outlook Mired by Moving Average Death Cross
Crude oil prices might remain under pressure with the commodity now facing a bearish crossover of its 50-day and 200-day moving averages after invalidating its prior-standing bullish trendline.
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US Dollar Technical Forecast: USD Bounce in Focus Ahead of FOMC
It was another week of gains for the Greenback – but next week brings the Fed.
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Oxford to resume trial of AstraZeneca vaccine
(Sept 13): The University of Oxford and AstraZeneca Plc have restarted a U.K. trial of an experimental Covid-19 vaccine after it was halted over concerns…
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Uptrend on the cards for glove counters
KUALA LUMPUR (Sept 13): While the economy has seen a sharp downturn due to the COVID-19 pandemic, the glove industry has bucked the trend surging…