News

KUALA LUMPUR (March 13): The FBM KLCI gained 0.26% at the midday break today, lifted by select blue chips, against a backdrop of subdued regional…

KUALA LUMPUR (March 5): theedgemarkets.com highlighted 16 stocks with momentum at Bursa Malaysia’s afternoon market close today. All 16 displayed negative momentum. The stocks with negative…

KUALA LUMPUR (March 13): Impact of weak El Nino will mostly be felt in Sabah and northern Sarawak, and be less significant on weather patterns…

TOKYO (Mar 13): Japan has decided for the first time in years not to submit to the United Nations a joint resolution condemning North Korea’s…

Typically narrow ranges for Monday trading have been seen amongst the dollar majors, although Sterling has edged out respective three- and two-week lows against the Dollar and Euro. Brexit negotiations continued over the weekend, but without progress. The second parliamentary vote on the government’s Withdrawal Agreement, slated for tomorrow, will now likely be pulled, as […]

Forex markets have been directionally unambitious so far today. EUR-USD lifted to a high of 1.1258, surpassing Friday’s peak by 12 pips, before settling back under 1.1250. The pair remains down by near 1% from week-ago levels, thanks to the losses seen in the wake of the ECB’s unexpected decision for another blast of TLTRO […]

OVERVIEW The US dollar is trading relatively softer vis-à-vis the G-10 currencies as retail sales eked out tiny gains. GBP/USD waits in the 1.30 zone as investors look to the new parliament vote NYMEX WTI Crude rises 1.40% and supporting commodity-related currencies.

The Dollar was choppy in N.Y. trade on Monday, though in the scheme of things, was relatively range bound. The DXY opened over 97.38, then dropped to 97.20, bounced to 97.37, before ending near 97.20. U.S. retail sales were mixed, and had little impact on the Dollar. Wall Street started mixed, with the Dow underperfoming […]

KUALA LUMPUR (March 12): Brewery stocks advanced on Tuesday morning over a report of a price hike of 3% to 12% effective April 1, 2019. At…

KUALA LUMPUR (March 12): The Civil Aviation Authority of Singapore (CAAS) is temporarily suspending operation of all variants of the Boeing 737 MAX aircraft into…

KUALA LUMPUR (March 12): Bursa Malaysia’s energy counters including Velesto Energy Bhd and Sapura Energy Bhd rose today and dominated the active list as crude…

KUALA LUMPUR (March 12): The government is evaluating various options on the fate of national carrier Malaysia Airlines Bhd and a decision will be made…

KUALA LUMPUR (March 12): Communications and Multimedia Minister Gobind Singh Deo today said his call for portals to moderate comments is not an unreasonable request….

TOKYO (Mar 12): When the three leaders of the world’s top car-making alliance gather in Japan on Tuesday, they will be looking to secure a…

KUALA LUMPUR (March 12): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s noon market close today. All nine stocks displayed negative momentum. The stocks with…

KUALA LUMPUR (March 12): The FBM KLCI pared some of its gains at the midday break today, while its neighbouring markets mostly rallied. At 12.30pm, the…

KUALA LUMPUR (March 12): Malaysian oil palm grower Sime Darby Plantation Bhd plans to boost its refining capacity and produce more higher-margin products in a…

KUALA LUMPUR (March 12): Finance Minister Lim Guan Eng has urged the public to evaluate the Malaysian capital market on a full-year basis before drawing…

NEW DELHI (Mar 11): India’s ruling party alliance was likely to come within a few seats of winning a simple majority in parliament at the…

KUALA LUMPUR (March 11): The Sessions Court here has ruled the need for Transmile Group Bhd’s former chairman Tun Dr Ling Liong Sik, also the…

KUALA LUMPUR (March 11): Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah called for the government to continue the fight against corruption as the…

KUALA LUMPUR (March 11): Malaysia’s state-owner carrier said it has written to Boeing seeking for more technical details ahead of the delivery of its order…

KUALA LUMPUR (March 11): The FBM KLCI fell 0.53% at the midday break today, dragged by losses including at select index-linked blue chips, tracking the…

KUALA LUMPUR (March 11): In addressing the rising cost of living in Malaysia, Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah advised the people…

KUALA LUMPUR (March 11): UiTM Energy & Facilities Sdn Bhd (UEFSB) has signed a Letter of Intent (LOI) with Petroliam Nasional Bhd’s (Petronas) New Energy…

KUALA LUMPUR (March 11): Malaysia’s total palm oil inventory rose 1.34% in February to 3.05 million tonnes from the month before, data from Malaysian Palm…

COPENHAGEN (Mar 11): Tattooed models in mustard robes replaced the usual gray-suited bankers at Nordea Bank’s Copenhagen headquarters recently, as the Danish bank strutted out…

KUALA LUMPUR (March 11): Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has urged all parties to commit to the call for racial unity…