News
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First Quarter 2019 Technical Forecasts for the Dollar, Pound, Gold, Equities, and More
The fourth quarter of 2018 produced key technical progressions across multiple asset crosses, setting up what should be a significant first quarter of 2019.
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XE Market Analysis: Europe – Dec 31, 2018
The Dollar has traded mostly modestly firmer in thin year-end conditions. Tokyo market have been closed today, with trading set to remain ultra thin until the new year gets underway in markets on Wednesday. EUR-USD eked out a two-session low at 1.1421, while USD-JPY has settled in the lower 110.00s, above the four-month low seen […]
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XE Market Analysis: North America – Dec 31, 2018
The Dollar has traded mixed in thin year-end conditions. Japan, mainland China and many European nations have been closed for holidays, while the London and Paris will be working a half day today. EUR-USD settled in the mid 1.1400s after earlier eking out a two-session low at 1.1421 amid a bout of Dollar firmness. USD-JPY […]
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Najib, Rosmah to file application to strike out Deepak's RM676m suit
KUALA LUMPUR (Dec 31): Former prime minister Datuk Seri Najib Tun Razak and his wife are seeking to strike out the RM676 million suit filed…
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BNM : Net financing growth up slightly in November
KUALA LUMPUR (Dec 31): Net financing growth increased slightly to 7.3 per cent in November (October: 7.1 per cent) due mainly to higher growth in…
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Mohamad Hasan outlines strategy to rejuvenate UMNO
SEREMBAN (Dec 31): UMNO acting president Datuk Seri Mohamad Hasan has outlined a five-pronged strategy to rejuvenate the party to continue its active participation in…
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Weekly fuel price float put on hold amid protest
KUALA LUMPUR (Dec 31): The government has decided to delay the implementation of the controversial weekly fuel price float mechanism amid opposition from the Petroleum…
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FBM KLCI lower as Malaysian markets wrap up 2018
KUALA LUMPUR (Dec 31): The FBM KLCI closed 1.49 points or 0.09% lower on the final trading day of the year today after investors took…
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Voon Seng Chuan will be appointed as AmBank chairman
KUALA LUMPUR (Dec 31): AMMB Holdings Bhd said today Voon Seng Chuan will be appointed as the new chairman of AmBank (M) Bhd with effect…
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Public Bank: Teh Hong Piow retires as chairman, to remain as director
KUALA LUMPUR (Dec 31): Public Bank Bhd said Tan Sri Teh Hong Piow retires as chairman today but he will remain on the board as…
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Singapore to handle issues with Malaysia 'calmly and constructively' — PM Lee
SINGAPORE (Dec 31): Singapore Prime Minister Lee Hsien Loong said today that the republic will deal with all new and outstanding matters with Malaysia “calmly…
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Four more types of services to be covered under SST from March 1
MELAKA (Dec 31): The scope of the Sales and Services Tax (SST) will be expanded to cover four new types of services effective March 1. They…
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PetGas, Public Bank, AMMB, Genting, GENM, GENP, Vizione, Pintaras, Handal, Ornapaper, FGV, Kronologi, Yinson, Merge Energy, MAHB, Binasat, Theta Edge and PUC
KUALA LUMPUR (Dec 31): Based on corporate announcements and news flow today, stocks in focus on Wednesday (Jan 2) may include Petronas Gas Bhd, Public…
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Japanese Yen Q1 Technical Forecast: Why USD/JPY Prices Might Fall in Q1 2019
Buyers of the Japanese Yen did their job in averting a major selloff in the currency during the final quarter of 2018.