Investors shorted RM1.7 billion worth of shares in big four glove stocks
KUALA LUMPUR (Jan 8): In the first trading week of the new year, investors on Bursa Malaysia shorted RM1.7 billion worth of shares in the…
KUALA LUMPUR (Jan 8): In the first trading week of the new year, investors on Bursa Malaysia shorted RM1.7 billion worth of shares in the…
KUALA LUMPUR (Jan 8): Based on corporate announcements and news flow today, companies in focus on Monday (Jan 12) may include: APFT Bhd, SKP Resources…
KUALA LUMPUR (Jan 9): A dream dashed. Calls for transparency. Land of missed opportunities. These are some of the cries uttered by Malaysians after learning that…
KUALA LUMPUR (Jan 8): Malaysia is expected to receive the Kuala Lumpur-Singapore High-Speed Rail (KL-Singapore HSR) compensation claim from Singapore in the next few weeks. MyHSR…
JOHOR BARU (Jan 9): The Ministry of Health (MoH) has recommended to the National Security Council (MKN) to tighten controls on inter-district and interstate travel if Covid-19…
The dollar has rebounded out of the major-trend lows that were seen yesterday. The DXY dollar index posted a three-day high at 89.95, up from yesterday’s 33-month low at 89.21, while EUR-USD dropped over 0.5% to the mid 1.2200s while USD-JPY rallied to a nine-day high at 103.71. Markets have been discounting the upcoming Biden […]
The dollar has found a footing after posting fresh losses yesterday, despite risk appetite holding up in Asian markets and into European trading. The DXY dollar index has inched above 89.50 after yesterday posting a 33-month low at 89.21. Markets are digesting the largely unexpected outcome in the two Georgia runnoff elections, which were won […]
The dollar’s correlative pattern with stock markets has inverted, with the currency now rising in step with rallying global stock markets. The catalyst for the change was the Democrat wins in the Georgia runoff elections, which heralds the prospect of much greater deficit spending and warranting higher growth expectations for the U.S. economy. U.S. Treasury […]
The Dollar rallied for the second day on Thursday, though the bulk of gains came ahead of the N.Y. open. Higher Treasury yields, and prospects for stronger U.S. growth in the coming months due to what will likely be ramped up spending by Democrats now that they are in charge, have driven the USD up […]
PUTRAJAYA (Jan 8): Employers are required to provide quarantine centres to isolate their foreign workers who are confirmed Covid-19 positive, said Human Resources Minister Datuk Seri…
LOS ANGELES (Jan 8): The Wall Street Journal editorial board on Thursday called on U.S. President Donald Trump to resign, blaming him for inciting the…
KUALA LUMPUR (Jan 8): PNE PCB Bhd’s share trade volume skyrocketed 255 fold to 89.42 million at Bursa Malaysia’s afternoon break today from 346,700 yesterday…