News
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EUR/GBP Technical Analysis: Uptrend Resumption Attempt Fell Short
EUR/GBP confirmed best weekly gains in 2018, but upside progress was slow due to large wicks. The pair remains in consolidation mode after a false breakout through resistance.
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Short-term Technical Outlook for the S&P 500 and Dow Jones
The S&P 500 and Dow Jones look to make another push higher in the near-term; broadly speaking, may have stabilized for now.
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XE Market Analysis: Asia – Jan 03, 2019
The Dollar bounced in N.Y. trade on Thursday following the firmer ADP jobs report, though later fell sharply as the U.S. manufacturing ISM came in much weaker than forecast. The data added another layer of market worry to global growth slowing, while saw the market price out pretty much all 2019 Fed tightenings. The DXY […]
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XE Market Analysis: Europe – Jan 04, 2019
A reversal of risk-on positioning has seen the Yen underperform, while currencies with higher beta characteristics, such as the Australian Dollar and other Dollar bloc units, and developing world currencies, have outperformed most other currencies. The Dollar itself has traded mixed, on net, and EUR-USD settled to an oscillation of the 114.00 level. USD-JPY has […]
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XE Market Analysis: North America – Jan 04, 2019
A reversal of risk-off positioning has seen the yen underperform, while currencies with higher beta characteristics, such as the Australian dollar and other dollar bloc units, and developing world currencies, have outperformed most other currencies. The Dollar itself has traded mixed, on net, and EUR-USD settled to an oscillation of the 114.00 level. USD-JPY lifted […]
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LBS sets 2019 property sales target at RM1.5b
KUALA LUMPUR (Jan 4): LBS Bina Group Bhd set its 2019 new property sales target at RM1.5 billion as the developer foresees persisting housing loan…
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RM3 klia2 fee to cover 'extra cost klia2 has created', says AirAsia's Fernandes
KUALA LUMPUR (Jan 4): The RM3 “klia2 fee” that AirAsia Group Bhd imposed on all passengers departing from the terminal in Sepang as part of…
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King attends Friday prayers in Kubang Kerian
KOTA BHARU (Jan 4): The Yang di-Pertuan Agong, Sultan Muhammad V, today attended Friday prayers at Masjid Al Sultan Ismail Petra in Kubang Kerian here. Sultan…
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23% of oil palm plantations are MSPO-certified as of Nov 2018
KUALA LUMPUR (Jan 4): Some 23% or 1.34 million hectares out of 5.8 million hectares of oil palm plantations in the country have been certified…
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RON95 price reduced to RM1.93 from midnight
KUALA LUMPUR (Jan 4): The retail price of RON95 petrol will be reduced to RM1.93 per litre from midnight tonight. The current price is RM2.20…
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Dr M says Sultan Muhammad V has resumed Agong duties; unaware of abdication or move to replace
KUALA LUMPUR (Jan 4): Amid rumours of abdication, Prime Minister Tun Dr Mahathir Mohamad confirmed that Sultan Muhammad V has returned and resumed his duties…
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DOJ’s withdrawal of the forfeiture action confirms there is no competing claim to the Equanimity
The following is a press release by the legal team on the Equanimity, reproduced in full. The filings on 19 to 21 December 2018 by the…
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FBM KLCI tumbles 6.05 points; Bursa small-cap stocks up
KUALA LUMPUR (Jan 4): The FBM KLCI closed 6.05 points or 0.36% lower today after US stocks fell substantially overnight on Thursday amid weaker outlook…
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U.S. tech transfers to China targeted in new security bill
WASHINGTON (Jan 4): The U.S. hasn’t done enough to counter the use of technology transfers and supply chain infiltration from countries like China, leading to…
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MAHB, LBS Bina, Spring Gallery, PUC and Ho Wah Genting
KUALA LUMPUR (Jan 4): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Jan 7) may include the…