SINGAPORE (March 6): Grab is considering raising more funds from strategic investors, the president of Southeast Asia’s top ride-hailing firm said, after raking in over…
KUALA LUMPUR (March 6): The FBM KLCI remained below the 1,700-point level at mid-morning today despite ticking marginally upward against the backdrop of cautious regional…
KUALA LUMPUR (March 6): The government still thinks that no damages ought to be awarded to The Edge Communications Sdn Bhd over the suspension of…
KUALA LUMPUR (March 6): Bank of America Merrill Lynch sees the ringgit weakening to 4.15 against the US dollar by year-end as the Malaysian currency…
KUALA LUMPUR (March 6): AirAsia Group Bhd chief executive officer Tan Sri Tony Fernandes said the low-cost carrier’s venture capital fund in the United States…
KUALA LUMPUR (March 6): Proton continued its positive start to 2019 with some 5,283 units registered in February. In a statement today, Proton said this represented…
The Dollar majors have been plying narrow ranges in early-week trading so far. A continued risk-on them, fuelled by a WSJ report suggesting that the U.S. may lift most or all of its tariffs on Chinese imports, and that a summit between Trump and Xi later this month could by the stage where a final […]
The Dollar has remained generally buoyant while the Euro came under pressure as circulating analyst notes highlighted that the ECB is set to trim growth and inflation forecasts at its policy review this week. EUR-USD printed a one-week low at 1.1334, extending the retrenchment from last week’s one-month peak at 1.1419. EUR-JPY and most Euro […]
The Dollar was mostly higher in N.Y. on Monday, though Wall Street was hammered lower following a weak construction spending print, though most likely the result of U.S. threats to jack up China tariffs if a trade agreement is not finalized. The lack of detail on an agreement has made markets nervous once again. Safe-haven […]
KUALA LUMPUR (March 5): MIDF Amanah Investment Bank Bhd Research is recommending Daibochi Bhd’s shareholders to accept the offer from Scientex Bhd to take over…
KUALA LUMPUR (March 5): The Malaysian Competition Commission (MyCC) has accepted the changes made by My EG Services Bhd (MyEG) and its subsidiaries to its…
SINGAPORE (March 5): Volvo AB is ready to start trialing full-sized driverless buses in Singapore, helping the city state take a step forward in the…