EAC: All ministries told to speed up 2021 development spending to bolster Malaysia’s economy
KUALA LUMPUR (Nov 12): All ministries have been told to start the procurement plan announced in Budget 2021 as soon as possible to expedite development…
Tag Archives: Investment Course
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Salcon joins glove maker club, targets producing three billion gloves a year
KUALA LUMPUR (Nov 12): Salcon Bhd too could not resist the temptation to grab a share of the supernormal profit in the rubber glove industry. The…
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KLCI rises 1.32%, trading volume swells to three-month high
KUALA LUMPUR (Nov 12): The FBM KLCI gained 1.32% or 20.70 points to a more than three-month high of 1,590.78, thanks to persistent buying interest…
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EVENING 5: Five things you need to know today
EVENING 5: IHH sells stake in India JV to partner Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
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Top Glove buys back more shares for third consecutive day, spent RM209m so far this week
KUALA LUMPUR (Nov 12): Top Glove Corp Bhd continued buying back more shares on the open market as its share price drifted nearly 20% down…
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Wall St ends sharply lower as pandemic fears resurge
(Nov 13): Wall Street ended sharply lower on Thursday as U.S. coronavirus infections surged and investors weighed the timeline for the mass rollout of an…
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Top Glove, Karex, Salcon, IHH, Oversea Enterprise, MQREIT, MHB, EA Tech, Bintai Kinden, Carlsberg, Berjaya Food, Duopharma Biotech, Gas Malaysia and Star Media
KUALA LUMPUR (Nov 12): Based on corporate announcements and news flow today, companies in focus tomorrow (Nov 13) may include: Top Glove Corp Bhd, Karex…
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Down US$290 bil, China tech investors mull nightmare scenarios
HONG KONG/BEIJING (Nov 12): With 22 pages of vaguely worded edicts, China has cast doubt on the future of its biggest internet companies and ignited…
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Oil falls on coronavirus surge, unexpected U.S. crude stockpile rise
NEW YORK (Nov 13): Oil prices fell on Thursday, weighed down by the surge in coronavirus cases that is hampering the global economy, along with…
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XE Market Analysis: Europe – Nov 11, 2020
The New Zealand dollar has rallied strongly with markets pricing out expectations for the RBNZ to implement negative interest rates after the central bank stated at its policy review today that around 100bp less stimulus is seen as necessary. Governor Orr said that the domestic economy has been more resilient than previously assumed. The Kiwi […]
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XE Market Analysis: North America – Nov 11, 2020
The dollar has firmed against the euro and other European currencies outside the case versus the pound, which posted two-months against both the dollar and yen, while holding steady-to-lower against the dollar bloc. The risk-on mood has continued. Europe’s Stoxx 600 equity index rallied to its best levels in eight months, and S&P 500 E-mini […]
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Malaysia records 822 new Covid-19 cases, three new clusters detected in Sabah
KUALA LUMPUR (Nov 11): Malaysia’s new Covid-19 cases dropped to 822 today, from 869 yesterday, bringing total cases to 42,872, the Health Ministry said. …