The dollar has declined for a second day, further giving back the rebound gains that were seen in the wake of the Georgia runoff elections in the U.S., and despite tomorrow’s detailing by president-elect Biden of the Democrat party’s economic stimulus plan. The dollar softened following remarks by Fed hawks Mester and George, yesterday, who […]
KUALA LUMPUR (Jan 13): JP Morgan, which initiated coverage on the Malaysian rubber glove sector with “sell” calls in December, reminded investors that gloves are…
KUALA LUMPUR (Jan 13): The High Court has dismissed a striking out application brought by Jepak Holdings Sdn Bhd’s former managing director Saidi Abang Samsudin…
KUALA LUMPUR (Jan 13): theedgemarkets.com highlighted 15 stocks at Bursa Malaysia’s afternoon close today. 14 stocks indicated negative momentum while one has positive momentum. The stocks with…
KUALA LUMPUR (Jan 13): Technology-linked stocks emerged as the top gainers on Bursa Malaysia as at noon today as analysts get more positive on both…
KUALA LUMPUR (Jan 13): Eco World Development Group Bhd (EcoWorld) said today the property developer’s board has decided not to pursue the proposed merger with…
PUTRAJAYA (Jan 13): Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin has been confirmed positive for Covid-19 based on test results received this morning. A statement…
BEIJING/TAIPEI (Jan 13): Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They…
KUALA LUMPUR (Jan 13): The FBM KLCI rose 1.5% or 24.65 points to 1,636.69, lifted by bargain hunting, as measures seen as containing the coronavirus…
KUALA LUMPUR (Jan 13): Malaysia, which is negotiating supplies of a Covid-19 vaccine with China’s Sinovac Biotech, will only go ahead with procurement if it…
(Jan 13): Billionaire Robert Kuok’s Kuok Group is hiring one of the top investment bankers in Malaysia to help oversee the conglomerate’s investments in Southeast…
The dollar has put in more rebound distance from the major-trend lows seen against the euro, yen, dollar bloc, and many other currencies a week ago. The U.S. currency has rallied on each trading day since the Georgia runoff elections, when it became clear that the Democrats would control the Senate. This has seen Treasury […]