Petronas-linked consortium unveils biggest gas discovery in Indonesia in 18 years
MADRID (Feb 20): A Repsol-led consortium, in which Petronas holds a 45% stake, has found new gas resources in Indonesia estimated at at least 2…
MADRID (Feb 20): A Repsol-led consortium, in which Petronas holds a 45% stake, has found new gas resources in Indonesia estimated at at least 2…
KUALA LUMPUR (Feb 20): Shares in Hibiscus Petroleum Bhd rose after the company reported yesterday that its quarterly profit more than quadrupled, on additional contribution…
The Yen traded softer amid a risk-on backdrop in Asian markets leading into the London interbank open. USD-JPY posted a two-session high at 110.59, while EUR-JPY and AUD-JPY also lifted into two-session high terrain. This was seen concurrently with the MSCI Asia-Pacific (ex-Japan) equity index rising by nearly 1%. Japan’s Nikkei 225 closed with a […]
A Dollar softening theme emerged during the London AM session, which saw EUR-USD and Cable post respective two-session highs at 1.1330 and 1.2938, and USD-JPY ebbed back come after printing a high at 110.61. Stock markets were near net unchanged in Europe, and S&P 500 futures were showing fractional losses, following a bullish session in […]
AUD-JPY has been the biggest mover in a day of directionally challenged markets, with North American markets absent and participants waiting on progress from the U.S.-China trade talks, which will resume for an extended second week in Washington after terminating in Beijing last week with “progress” but without resolution. AUD-JPY settled off highs, but with […]
KUALA LUMPUR (Feb 18): Based on corporate announcements and news flow today, stocks in focus for Tuesday (Feb 19) may include the following: Deleum Bhd,…
SINGAPORE (Feb 18): Singapore Finance Minister Heng Swee Keat delivered a budget that included more health-care and military spending, ahead of a general election that…
KUALA LUMPUR (Feb 19): The FBM KLCI is seen trending range bound today with immediate support at the 1,686-point level as domestic buying sentiment stays…
(Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead…
(Feb 19): U.K. and European officials are working on a new legal text for the most contentious part of the Brexit deal, but time is…
(Feb 19): Asia’s dollar bond markets have staged a blistering rally this year, but for a group of borrowers that sit on the cusp of…
KUALA LUMPUR: China’s ambassador to Malaysia Bai Tian revealed that the China Construction Bank is proposing to issue Panda bonds in China to Malaysia to…