KLCI stays in negative zone along with spooked regional markets
KUALA LUMPUR (March 8): The FBM KLCI remained in negative territory at the midday break today, as regional markets were spooked by global growth concerns. At…
KUALA LUMPUR (March 8): The FBM KLCI remained in negative territory at the midday break today, as regional markets were spooked by global growth concerns. At…
KUALA LUMPUR (March 8): National oil firm Petroliam Nasional Bhd (Petronas) recorded a 21% decrease in profit after tax (PAT) for the fourth quarter ended…
The Dollar has continued to hold generally firm, posting gains versus a sharply weaker Australia Dollar, which was hit by a miss in Australian GDP data, and printing a new two-month high versus the Canadian Dollar while holding near highs seen against the Euro and Sterling, among other currencies, yesterday. Yesterday’s U.S. ISM services and […]
The Dollar has been trading steady-to-firm, consolidating in the case against the Euro off the two-week highs seen yesterday, while posting fresh highs against the Canadian buck and the Australian Dollar, the latter of which took a hammering following sub-forecast Australian GDP data. EUR-USD has been plying a narrow range around 1.1300, holding above the […]
The Dollar was relatively steady in N.Y. trade on Wednesday, with the DXY posting an “inside day”. A wider trade deficit and lower Treasury yields weighed on the USD slightly in early trade, though EUR-USD bucked the trend, falling to session lows as talk of a sharp cut to the ECB’s economic forecasts at Thursday’s […]
KUALA LUMPUR (March 7): Ringgit consolidates after five days of losses as traders await monthly fund-flow data to see if overseas demand for Malaysian bonds…
KUALA LUMPUR (March 7): Maxis Bhd has in collaboration with Huawei kicked off the first 5G live trials in Malaysia, specifically in Cyberjaya earlier this…
PUTRAJAYA (March 7): Former Prime Minister Datuk Seri Najib Tun Razak wants the Court of Appeal to suspend his 1Malaysia Development Bhd (1MDB) trial pending…
KUALA LUMPUR (March 7): Hong Leong Investment Bank Research (HLIB Research) has downgraded its rating on the plantation sector to ‘underweight’, from ‘neutral’, following a…
HONG KONG (March 7): Citigroup cuts its target for the FTSE Bursa Malaysia KLCI Index to 1,790 from 1,844, citing downgrades in price estimates for…
SEOUL (Mar 7): Hyundai Motor Co is considering plans to suspend production at its oldest plant in China, the South Korean carmaker said on Wednesday,…
KUALA LUMPUR (March 7): Foreign ownership of Malaysian government and corporate bonds and bills climbed 2.5% to RM187b in February from the previous month, the…