CIMB takes the next step forward
KUALA LUMPUR (March 9): Despite the challenging environment, CIMB Group Holdings Bhd, the country’s second largest lender by assets, has set some ambitious targets to…
KUALA LUMPUR (March 9): Despite the challenging environment, CIMB Group Holdings Bhd, the country’s second largest lender by assets, has set some ambitious targets to…
The Dollar majors have held narrow ranges so far today amid a backdrop of deteriorating risk appetite in global markets. The S&P 500 closed on Wall Street yesterday with a 0.7% loss, and futures of the index are showing a further 0.3% decline in overnight trading. Chinese and Australian equity indexes have managed to retain […]
The Dollar index largely traded sideways overnight, below Tuesday’s two-week high. Risk taking levels have headed lower. This backdrop hasn’t led to a strong safe-haven theme in the forex markets, though moderate Yen strength has been seen, pushing USD-JPY to a one-week low of 111.57. EUR-USD, meanwhile, has continued a narrow orbit of the 1.1300 […]
The Dollar index soared to nearly three-month highs in N.Y. on Thursday, following a dovish ECB announcement and press conference, and sharply lowered EU growth forecasts. This saw EUR-USD fall to 21-month lows of 1.1206, down from opening levels over 1.1310. USD-JPY was again range-bound, despite the steep Wall Street sell-off seen in morning trade, […]
KUALA LUMPUR (March 8): The FBM KLCI shed 0.17% at mid-morning today, tracking losses at regional markets, weighed by Petronas-linked stocks. At 10am, the FBM KLCI…
SINGAPORE (March 8): The trial of the largest case of stock market manipulation in Singapore’s history was to have started on March 11. But in…
KUALA LUMPUR (March 8): Ringgit drops to lowest in a month as overseas investors sell Malaysian equities and global growth concerns resurface after the European…
KUALA LUMPUR (March 8): Datin Seri Rosmah Mansor, the wife of ex-prime minister Datuk Seri Najib Abdul Razak, has been asked by the police and…
KUALA LUMPUR (March 8): Lafarge Malaysia Bhd is seen as a beneficiary of the East Coast Rail Link’s (ECRL) potential revival because the cement manufacturer…
KUALA LUMPUR (March 8): Prestariang Bhd is back in the limelight as rumours spread like wildfire that there could be hope for the company to…
KUALA LUMPUR (March 8): The prosecution’s application to transfer former prime minister Datuk Seri Najib Abdul Razak’s six charges of criminal breach of trust involving…
KUALA LUMPUR (March 8): The prosecution’s application to transfer the case involving former prime minister Datuk Seri Najib Tun Razak for alleged tampering of the…