Petronas seeking deal ideas for US$23b stock portfolio — sources
(Nov 18): Petroliam Nasional Bhd has asked a number of banks to submit proposals for what it ought to do with stakes in its Kuala…
(Nov 18): Petroliam Nasional Bhd has asked a number of banks to submit proposals for what it ought to do with stakes in its Kuala…
KUALA LUMPUR (Nov 18): The Ministry of Health (MoH) today declared the end of three Covid-19 clusters, but announced eight new ones. MoH director-general Tan Sri…
EVENING 5: PAC to probe land swaps, AES and 1BestariNet Dirty dealings. Corporate battles….
KUALA LUMPUR (Nov 18): Based on corporate announcements and news flow today, stocks that are likely to be in focus tomorrow (Nov 19) are likely…
KUALA LUMPUR (Nov 18): The Ministry of Health (MoH) announced today the formation of the Central Region Covid-19 Unified Command Centre in collaboration with the…
NEW YORK (Nov 19): A gauge of global shares hit a record for a third straight day while the dollar moved off earlier lows on…
NEW YORK (Nov 19): U.S. stocks closed steeply lower after a late-session sell-off on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against…
KUALA LUMPUR (Nov 19): The government has increased its budget allocation for the Supplementary Food Programme (Rancangan Makanan Tambahan or RMT) to RM420 million in…
KUALA LUMPUR (Nov 19): The main index at Bursa Malaysia fell 0.68% and slipped below the 1,500-point threshold as index-linked banks led the decline in…
Currencies have been seeing narrow ranges so far today after yesterday’s fresh bout of risk-on positioning. The Australian and New Zealand dollars still edged out respective eight-day and eight-month highs, but there wasn’t much appetite for follow-through and both currencies ebbed back. Stock markets have came off the boil today in Asia after rallying strongly […]
The Dollar firmed slightly in N.Y. on Tuesday, though narrow ranges were in place for most pairings. The DXY edged up from seven-session lows of 92.27, later peaking at 92.49. Incoming U.S. data was generally supportive, as retail sales missed forecasts, though large upward revisions from August offset, while industrial production was a bit better […]
The dollar and commodity currencies are softer against the yen and European currencies today. The dollar didn’t show its usual inverse correlation with stock markets, which came off the boil today after rallying yesterday, driving the MSCI All World index to a record high. The DXY dollar index fell 0.4% in making an eight-day low […]