SC aims further expansion of Islamic capital market, says chairman
KUALA LUMPUR (March 14): The Securities Commission (SC), the regulatory body of the capital market, aim to foster growth that is premised on long-term value…
KUALA LUMPUR (March 14): The Securities Commission (SC), the regulatory body of the capital market, aim to foster growth that is premised on long-term value…
KUALA LUMPUR (March 14): Tycoon Robert Kuok remains the richest person in Malaysia with a net worth of US$12.8 billion, according to Forbes Asia. In a…
KUALA LUMPUR (March 14): Malaysia’s industrial production index (IPI) saw a year-on year increase of 3.2% in Jan 2019, on electricity and manufacturing output growth. Department…
KUALA LUMPUR (March 14): The FBM KLCI dipped at midday break today as trading sentiment stayed sluggish against the back drop of muted regional markets. At…
KUALA LUMPUR (March 14): The Dewan Rakyat saw an emergency motion being tabled by Hassan Abdul Karim (PH-Pasir Gudang) for the house to debate on…
KUALA LUMPUR/NAM DINH, Vietnam (March 14): Malaysia’s attorney-general on Thursday rejected Vietnam’s request to free a woman accused of the murder of Kim Jong Nam,…
KUALA LUMPUR (March 14): Bumi Armada Bhd announced today that its indirect wholly-owned subsidiary Bumi Armada Americas Corp (BAAC) had been dissolved on Feb 18,…
KUALA LUMPUR (March 14): UOBKayHian has described Scientex Bhd’s mandatory takeover of Daibochi Bhd’s warrant option as unfair and unreasonable. According to circular issued via a…
Sterling has rallied strongly on Brexit progress, which also had the impact of generating a risk-on sentiment in global stock markets, with Brexit uncertainty having been on the global worry list given the deleterious impact that its been having on European economies. Cable rallied 2.4% from Friday’s closing levels in making a 12-day peak at […]
Sterling volatility with side themes of Euro firmness and Yen underperformance have characterized trading so far today. The Pound gave back most of the gains during the early session in New Zealand following news that UK Prime Minister May won some legally-binding concessions on the Irish backstop issue after meeting with EU’s Juncker and Barnier […]
OVERVIEW The US dollar is trading lower with inflation subdued GBP/USD down 1.20% as MPs due to vote on the upgraded Withdrawal deal NYMEX WTI Crude adds 50 cents to trade $57.40 a barrel and Gold moves up 0.25%
The Dollar index headed higher into the N.Y. open, though quickly lost ground after the N.Y. open. The DXY peaked at 97.28 early, later falling to 96.92 lows. A slightly cool U.S. CPI report weighed on the Dollar, while upbeat USTR comments on U.S.-China trade talks removed some of the USD safe-haven bid as well. […]