KLCI down 0.36% as blue chips drag
KUALA LUMPUR (Feb 27): The FBM KLCI fell 0.36% at mid-morning today, weighed by index-linked blue chips, against the backdrop of firmer regional markets. At 10am,…
KUALA LUMPUR (Feb 27): The FBM KLCI fell 0.36% at mid-morning today, weighed by index-linked blue chips, against the backdrop of firmer regional markets. At 10am,…
KUALA LUMPUR (Feb 27): Ringgit trades little changed as a broad advance in the dollar offsets gains from a bounce in crude prices. Investors continue…
KUALA LUMPUR (Feb 27): Axiata Group Bhd, Malaysia’s biggest wireless carrier, is reviving preparations for an initial public offering of its tower business edotco Group…
HANOI (Feb 27): U.S. President Donald Trump and North Korean leader Kim Jong Un meet on Wednesday for their second summit, betting their personal relationship…
KUALA LUMPUR: The Securities Commission Malaysia (SC) seems to have dropped a bombshell on Apex Equity Holdings Bhd. The regulator has granted a conditional approval for…
HANOI (Feb 27): A storied French colonial-era hotel once used by the North Vietnamese government to house foreign guests during the Vietnam War is set…
The China-proxy Australian and New Zealand currencies rallied as China’s SSE index surged over 5%, spear-heading a broader risk-on play in markets after President Trump said the U.S. would delay an increase in tariffs on $200 bln of Chinese imports beyond the March-1 deadline, citing “productive” trade talks. Both antipodean currencies posted gains of nearly […]
The Dollar traded mostly softer, appearing lose some of its safe haven premium amid a risk-on backstop in global markets. China proxy currencies outperformed, concomitantly with China’s SEE staging of a 5.6% rally, which spearheaded a broader risk-on play in markets after President Trump said the U.S. would delay an increase in tariffs on $200 […]
The Dollar index advanced in early N.Y. trade on Monday, though gave back the bulk of its gains after the London close. Wall Street was higher following Trump’s delaying imposition of higher tariffs on Chinese goods, which ultimately saw USD safe-haven buying dry up. EUR-USD bottomed at 1.1337 before heading over 1.1360, while USD-JPY printed […]
(Feb 26): With three days left in February, the S&P 500 has almost locked up a gain for the year, if history is any guide. With…
KUALA LUMPUR: Gamuda Bhd has pledged to ensure that any takeover of its highway concessions is in line with “market valuation norms and practices”. The construction…
KUALA LUMPUR (Feb 26): The FBM KLCI drifted marginally lower in early trade this morning, in line with the pause at most regional markets. At 9.05am,…