TM: Non-core property asset sale to create long-term value for shareholders
KUALA LUMPUR (Feb 28): Telekom Malaysia Bhd (TM) said today the sale of non-core property assets, such as land and buildings, is consistent with the…
KUALA LUMPUR (Feb 28): Telekom Malaysia Bhd (TM) said today the sale of non-core property assets, such as land and buildings, is consistent with the…
KUALA LUMPUR (Feb 28): Shares in IHH Healthcare Bhd rose in active trade to a seven-month high after the group posted a 403% increase in…
HANOI (Feb 28): U.S. President Donald Trump and North Korean leader Kim Jong Un on Thursday began talks on the second day of their second…
MELBOURNE (Feb 28): Auditors to rare earths producer Lynas Corp flagged a material risk to its business on Thursday, after Lynas said it could not…
The Pound has rallied on UK PM May’s reported pivot on Brexit amid reports that she will offer a route to delay the Brexit process beyond March 29. The BBC reports that about a dozen ministers have threatened to resign unless this happens. Sterling, which has been trading at a significant discount since the vote […]
OVERVIEW The US dollar Index is slightly lower as market avoids heavy bets ahead of Powell’s testimony. The British pound puts in a strong performance, on renewed hopes of a better and orderly Brexit. NYMEX WTI Crude arrests yesterday’s freefall and trades around $55.50.
The Dollar has traded mixed so far today, gaining versus underperforming Dollar bloc currencies while losing ground to the Yen and, more especially, the Pound. Cable punched above 1.3200 for the first time since late January, while EUR-GBP dove to one-month low terrain with the UK prime minister reportedly shifting position to provide a route […]
The Dollar eased in N.Y. on Tuesday, taking the DXY to 95.97 lows, from highs of 96.46. Mixed U.S. data had an impact on the Greenback, with weak housing starts weighing on the USD, and stronger consumer confidence supporting. Fed chair Powell revealed no surprises in his congressional testimony, making it clear the Fed was […]
(Feb 27): An unprecedented travel boom in Asia has spawned new budget carriers and millions of first-time fliers, but a shortage of pilots is threatening…
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KUALA LUMPUR (Feb 27): The FBM KLCI dipped in early trade this morning weighed by index-linked blue chips including IHH Healthcare Bhd, Telekom Malaysia Bhd…
KUALA LUMPUR: The country’s largest bank Malayan Banking Bhd (Maybank), which achieved record high net profit in 2018, said it maintains a conservative stance on…