The Dollar majors have been plying narrow ranges in early-week trading so far. A continued risk-on them, fuelled by a WSJ report suggesting that the U.S. may lift most or all of its tariffs on Chinese imports, and that a summit between Trump and Xi later this month could by the stage where a final […]
The Dollar has remained generally buoyant while the Euro came under pressure as circulating analyst notes highlighted that the ECB is set to trim growth and inflation forecasts at its policy review this week. EUR-USD printed a one-week low at 1.1334, extending the retrenchment from last week’s one-month peak at 1.1419. EUR-JPY and most Euro […]
The Dollar was mostly higher in N.Y. on Monday, though Wall Street was hammered lower following a weak construction spending print, though most likely the result of U.S. threats to jack up China tariffs if a trade agreement is not finalized. The lack of detail on an agreement has made markets nervous once again. Safe-haven […]
KUALA LUMPUR (March 5): MIDF Amanah Investment Bank Bhd Research is recommending Daibochi Bhd’s shareholders to accept the offer from Scientex Bhd to take over…
KUALA LUMPUR (March 5): The Malaysian Competition Commission (MyCC) has accepted the changes made by My EG Services Bhd (MyEG) and its subsidiaries to its…
SINGAPORE (March 5): Volvo AB is ready to start trialing full-sized driverless buses in Singapore, helping the city state take a step forward in the…
BEIJING (Mar 5): China will cut billions of dollars in taxes and fees, increase infrastructure investment, and step up lending to small firms, Premier Li…
KUALA LUMPUR (March 5): Malaysian sovereign wealth fund Khazanah Nasional Bhd unveiled a new investment strategy on Tuesday that classifies its portfolio into a commercial…
(March 5): Macquarie analyst Ben Shane Lim downgraded the recommendation on Bumi Armada Bhd to underperform from neutral. * Price target (PT) lowered to 11 sen…
KUALA LUMPUR (March 5): Khazanah Nasional Bhd is eyeing a return to profitability in 2019, after dipping into the red in 2018 amid significant impairment…
KUALA LUMPUR (March 5): Main market-listed Brahim’s Holdings Bhd, which recently was classified as a Practice Note 17 (PN17) company, is planning to exit this…
KUALA LUMPUR (March 5): Mild weather conditions, the rationalisation of palm oil inventories in Malaysia and Indonesia, as well as the US-China trade war are…
KUALA LUMPUR (March 5): As Malayan Banking Bhd (Maybank) targets at least 100,000 users this year for its MAE e-wallet service, group president and CEO…
KUALA LUMPUR (March 4): Goldman Sachs analyst Ben Hartwright downgraded the recommendation on Malaysia Airports Holdings Bhd to neutral from buy. * Price target (PT) lowered…
KUALA LUMPUR (March 4): AmInvestment Bank downgraded the recommendation on VS Industry Bhd to hold from buy. * Price target (PT) set to RM1.04, implies 3.7%…
KUALA LUMPUR (March 4): The FBM KLCI pared some of its losses at mid-morning today and remained below the crucial 1,700-level, weighed by select blue…
KUALA LUMPUR (March 4): Ringgit trades little changed, holding on to its losses from Friday, ahead of a report that’s forecast to show Malaysian exports…
KUALA LUMPUR (March 4): Foreign selling of Malaysian equity rose to RM447.7 million last week from RM319 million the prior week, according to MIDF Amanah…
KUALA LUMPUR (March 4): Corporate earnings of Malaysian stocks were spectacularly disappointing in the fourth quarter of 2018 (4Q18), as large capitalisation stocks missed expectations,…
KUALA LUMPUR (March 4): Malaysia’s exports increased 3.1% year-on-year (y-o-y) to RM85.4 billion in January 2019, mainly contributed by expansion in exports of electrical and…
KUALA LUMPUR (March 4): JAG Capital Holdings Sdn Bhd has emerged the largest shareholder in KUB Malaysia Bhd after it acquired a 31.99% stake in…
KUALA LUMPUR (March 4): Finance Minister Lim Guan Eng said today Malaysia’s 2018 inflation at 1% versus 2017’s 3.8% is proof that the sales and…
BANGI (March 4): There should be an in-depth study on the salaries and wages of employees by taking into account the cost of living, said…
(March 2): A “tough legal setup” for Goldman Sachs Group Inc in the 1MDB case may result in fines of as much as US$9 billion,…
(March 2): Malaysia plans to halt all expansion of oil palm plantations this year as it seeks to dispel the oil’s reputation as a driver…
(March 2): As at 7.15pm Malaysiakini reported that BN has extended its lead over Pakatan Harapan by more than 1,700 votes. According to unofficial results, BN…
(March 2): At 8.25pm, Malaysiakini has reported that Barisan Nasional has won the Semenyih by-election. Malaysiakini is making the call based on the assumption that voter…
KAJANG (March 2): Barisan Nasional (BN) wrested the Semenyih State Legislative Assembly Seat after its candidate, Zakaria Hanafi won the four-cornered contest in the by-election…