MACC to table Cabinet paper on chief's appointment, service commission
KUALA LUMPUR (Sept 3): The Malaysian Anti-Corruption Commission (MACC) will table a Cabinet Paper on the proposals regarding the appointment of its chief commissioner and the…
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Pejuang set up for Malays to unshackle their own community, says Dr M
PUTRAJAYA (Sept 3): The membership of Parti Pejuang Tanah Air (Pejuang) is only open to Malays for them to solve the various problems still shackling the community,…
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Covid-19: Malaysia reports 14 new cases versus four recoveries on Sept 3
KUALA LUMPUR (Sept 3): Malaysia’s new Covid-19 cases rose to 14 today — of which four were imported and 10 were local transmissions — bringing…
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Isa's ex-aide boasted of pocketing RM2m from Merdeka Palace Hotel deal, court told
KUALA LUMPUR (Sept 3): Two witnesses for former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Samad told the High Court today that…
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EVENING 5: Five things you need to know today
EVENING 5: Retailers post worst ever quarter Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1.Former finance minister Lim Guan…
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Australian authorities seize A$1.6m properties, cash allegedly linked to Mara bribery case
KUALA LUMPUR (Sept 3): Australian authorities have seized properties and cash worth A$1.6 million allegedly linked to a bribery case involving former and serving Malaysian…
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XE Market Analysis: Asia – Sep 01, 2020
The DXY hit new 28-month lows of 91.75 during the overnight session, opening in N.Y. 91.85. The Dollar then rose modestly on short covering interest, then advanced to session highs following the better then expected August manufacturing ISM. The Dollar index hit a top of 92.38 following the data. Incoming U.S. data has remained largely […]
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XE Market Analysis: Europe – Sep 02, 2020
Narrow ranges have been prevailing among the main currencies so far today. The dollar managed to lift modestly, recovering slightly from the trend lows of yesterday. EUR-USD ebbed to a two-day low at 1.1885, extending a correction from Tuesday’s 28-month peak at 1.2012. A profit taking impulse after the 1.2000 level was breached has been […]
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XE Market Analysis: North America – Sep 02, 2020
The dollar built on the rebound that commenced from yesterday’s trend lows, when above-forecast U.S. economic data and fresh record highs on Wall Street prompted some profit taking on short positions. The narrow trade-weighted USD index (DXY) posted a five-day high at 92.68. EUR-USD concurrently posted a five-day low at 1.1852, extending the correction from […]
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Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Aug 21, 2020 when Germany 30 traded near 12,785.60.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
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S&P 500, FTSE 100, GBP/JPY Forecasts: Retail Trader Positioning Signals
The S&P 500 could accelerate its advance while the FTSE 100 risks extending losses based on signals from IG Client Sentiment. GBP/JPY may also decline as upside exposure increases.
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EUR/USD Technical Analysis: Reversal Keeps Important Channel in Play
The Euro is backing off after posting a reversal day, continuing to use the channel structure as a sturdy guide.
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Suga tightens grip on Japan PM job, vows to keep Abenomics
(Sept 2): Japan’s Yoshihide Suga pledged to maintain outgoing Prime Minister Shinzo Abe’s ultra-easy monetary policies, as a surge in support within the ruling party all…
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Court fixes Oct 15 for first case management of Najib, prosecution’s SRC appeal
PUTRAJAYA (Sept 2): The Court of Appeal has fixed Oct 15 as the first case management date for Datuk Seri Najib Razak’s appeal against his…
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More than half of Malaysians agree with court’s verdict in Najib’s SRC case — poll
KUALA LUMPUR (Sept 2): Some 61% of Malaysians agreed with the court’s verdict against former premier Datuk Seri Najib Razak in his RM42 million SRC…
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COVID-19: Malaysia records six new cases, no death reported
KUALA LUMPUR (Sept 2): Malaysia’s new COVID-19 cases dropped to six today — of which four were imported and two were local transmissions — bringing…
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KLCI lags tech rise as investors dump healthcare shares
KUALA LUMPUR (Sept 2): The FBM KLCI closed up 16.11 points or 1.06% at its intraday high of 1,537.54 today while Bursa Malaysia’s technology index…
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Proton August 2020 sales volume up 24.7% on-year at 11,378 vehicles
KUALA LUMPUR (Sept 2): Proton Holdings Bhd sold 11,378 vehicles in August 2020, which was 24.7% higher in number, compared with the same month last…
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MAHB slashes rental by as much as 30%
KUALA LUMPUR (Sept 2): Airport operator Malaysia Airports Holdings Bhd (MAHB), which manages 39 airports in the country, said today tenants who have signed up…