JF Technology to partner with a Chinese smartphone giant to set up plant in China, sources say
KUALA LUMPUR (Oct 23): JF Technology Bhd, whose share price soared to a record high today, will be partnering with a Chinese smartphone giant to…
Tag Archives: Investment Course
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XE Market Analysis: Asia – Oct 22, 2020
After falling for three-straight sessions, the Dollar perked up a bit on Thursday, aided largely by solid data, USD short covering and a wobbly risk backdrop. Weekly jobless claims were better than expected for both initial and continuing claims, while existing home sales were through the roof to levels last seen in 2006. Wall Street […]
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XE Market Analysis: North America – Oct 22, 2020
The dollar has found a footing after a four-day tumble. The DXY USD index has come to rest around the 92.70-75 area after diving over the previous four days, from levels near 94.00. EUR-USD has been in correction mode after a four-day run higher, dropping back to a 1.1825 low today. The pair yesterday peaked […]
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XE Market Analysis: Europe – Oct 22, 2020
The dollar has settled after dropping quiet sharply in recent days. The DXY USD index has come to rest around the 92.70-75 area after diving over the previous four days, from levels near 94.00. EUR-USD has settled off the five-week high that was seen yesterday at 1.1882. USD-JPY has steadied in the mid 104.00s after […]
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MMC mulls reviving US$1b port assets IPO — sources
(Oct 22): MMC Corp Bhd, a utility and infrastructure group, is reviving an initial public offering plan for its port assets, which could be the…
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Robust demand drives Vitrox 3Q revenue to record high while net profit more than doubles
KUALA LUMPUR (Oct 22): Vitrox Corp Bhd’s net profit for the third quarter ended Sept 30, 2020 (3QFY20) more than doubled as its quarterly revenue…
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Goldman fined US$350 million by Hong Kong over 1MDB scandal
HONG KONG (Oct 22): Goldman Sachs Group Inc’s Asian unit was fined US$350 million by Hong Kong’s financial regulator over its role in Malaysia’s 1Malaysia…
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MAHB presses ahead with suit against AirAsia X to claim RM78m payment
KUALA LUMPUR (Oct 22): Malaysia Airports Holdings Bhd (MAHB) has gone ahead to initiate a lawsuit against AirAsia X Bhd (AAX) to demand the payment…
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EVENING 5: Five things you need to know today
EVENING 5: Two-month reprieve for AirAsia? Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Budget carrier AirAsia…
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Pavilion REIT, MMC Corp, FSBM, MAHB, AAX, AirAsia, DiGi, Eupe
KUALA LUMPUR (Oct 22): Based on corporate announcements and news flow today, companies in focus tomorrow may include Pavilion Real Estate Investment Trust, MMC Corp…
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MITI: Mandatory for companies to implement WFH policy
KUALA LUMPUR (Oct 22): Industries are mandated to implement the work-from-home (WFH) policy for the staff in management and supervisory groups, and only 10% of…
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Wall Street closes higher, trade choppy as U.S. stimulus talks eyed
NEW YORK (Oct 23): Shares on Wall Street ended higher on Thursday in choppy trading, as investors cheered the prospect of more fiscal stimulus to…