Najib’s trial will not start today
KUALA LUMPUR: The much-awaited first trial of former premier Datuk Seri Najib Razak, involving seven of the 42 charges that he is facing related to…
KUALA LUMPUR: The much-awaited first trial of former premier Datuk Seri Najib Razak, involving seven of the 42 charges that he is facing related to…
KUALA LUMPUR (Feb 12): The FBM KLCI retreated in early trade this morning, weighed by select blue chips. At 9.10am, the FBM KLCI dipped 1.72 points…
KUALA LUMPUR: Property projects, which were previously granted approval in principle with a higher plot ratio than what is permitted under the newly gazetted Kuala…
KUALA LUMPUR (Feb 11): The FBM KLCI edged up cautiously, tracking regional markets, lifted by gains including at Tenaga Nasional Bhd and Malayan Banking Bhd…
KUALA LUMPUR (Feb 9): The Scomi Group was once an investor favourite but over the years, it seems to have lost its lustre. The group sailed…
Forex markets have been lacking directional ambition. EUR-USD managed to briefly break lower, leaving a two-week low at 1.1322, before settling back to near net unchanged levels in the mid 1.1300s. USD-JPY remained in the mid-to-upper 109.00s, and Cable became entrenched in a narrow range in the mid 1.2900s, consolidating after the pound yesterday surged […]
The Dollar majors have mostly held narrow ranges amid a backdrop of coursing in global markets. One exception has been AUD-USD, which dove to a five-week low at 0.7060 after the RBA shaved growth forecasts in its quarterly Statement on Monetary Policy. This follows yesterday’s trimming of GDP forecasts by both the European Commission and […]
OVERVIEW The US dollar moves higher for the seven-session in a row, with the DXY index near January high. British Pound closing the week, 1% down against the greenback amidst growing Brexit uncertainty. NYMEX WTI Crude takes a breather, after falling nearly 2.5% yesterday. HIGHLIGHT
The Dollar faded into the N.Y. open on Friday in N.Y., though found a footing, rallying modestly into the London close. There was no data to drive the market, though trade concerns weighed on Wall Street and Treasury yields again. The DXY topped at 96.64 from 96.45 lows. EUR-USD opened at 1.1352, later making its […]
KUALA LUMPUR (Feb 8): The FBM KLCI lost 0.50% at midday break today, as market sentiment turned negative and key index-linked stocks fell. At 12.30pm, the…
KUALA LUMPUR (Feb 8): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s noon market close today. Three stock displayed positive momentum and three stocks…
WASHINGTON (Feb 8): John Dingell, the Michigan representative whose 59-year tenure in Congress was the longest in history, earning him clout he used to champion…