Malaysia Airlines defers payments to bond holders by six months
KUALA LUMPUR (Sept 22): Cash-strapped Malaysia Airlines Bhd has postponed its upcoming bond payments as the national carrier grapples with the economic impact of the…
KUALA LUMPUR (Sept 22): Cash-strapped Malaysia Airlines Bhd has postponed its upcoming bond payments as the national carrier grapples with the economic impact of the…
EVENING 5: Worst over for GenM, says RHB Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. RHB Research…
KUALA LUMPUR (Sept 22): Based in corporate announcements and newsflow today, stocks in focus tomorrow may include: Kanger International Bhd, Asdion Bhd, Pasukhas Group Bhd,…
The dollar and yen rallied, the latter especially so amid safe haven demand as global stock markets and commodity prices turned sharply lower, which in the case of the greenback countervailed concerns about the approaching U.S. election and lower-for-longer Fed policy regime. EUR-USD dove to a four-day low at 1.1780, after pegging a five-day high […]
Dollar softness juxtaposed to yen firmness has been the dominant theme in currency markets so far today, which has been concomitant with tumbling global stock markets. USD-JPY dropped 0.4% in pegging a fresh seven-week lows under 104.20. Today racks up as the sixth straight trading day of decline, making this week the third consecutive week […]
BENGALURU (Sept 21): The death toll from the spread of coronavirus in the United States was approaching over 200,000 lives on Monday, more than double the number of…
KUALA LUMPUR (Sept 21): Malaysia reported 57 new Covid-19 cases today and a new cluster in Sabah. This raised the total number of confirmed infections in…
(Sept 21): Fasten your seatbelt, because Tuesday is Tesla’s “Battery Day”, and some investors expect Chief Executive Elon Musk’s pitch on the electric car maker’s…
KUALA LUMPUR (Sept 21): Inter-Pacific Research Sdn Bhd said today it initiated coverage on Serba Dinamik Holdings Bhd shares with a “buy” recommendation and target…
KUALA LUMPUR (Sept 21): Sapura Energy Bhd’s president and chief executive officer (CEO) Tan Sri Shahril Shamsuddin, one of the highest paid top executives in…
The documents detailed more than US$2 trillion in transactions between 1999 and 2017 that were flagged by financial institutions’ internal compliance officers as possible money…
KUALA LUMPUR (Sept 21): Malaysia’s exports are set to benefit from improving Chinese import demand and the electronics cycle, according to the Global Economic Outlook report from…