FBM KLCI up 9.89 points, led by Genting Bhd, Hartalega
KUALA LUMPUR (Jan 17): The FBM KLCI rose 9.89 points or 0.59% today, led by Genting Bhd and Hartalega Holdings Bhd share price gains and…
KUALA LUMPUR (Jan 17): The FBM KLCI rose 9.89 points or 0.59% today, led by Genting Bhd and Hartalega Holdings Bhd share price gains and…
KUALA LUMPUR (Jan 17): The Bintulu Port Authority has cancelled a RM584.84 million contract with Muhibbah Engineering (M) Bhd to build a supply base wharf…
KUALA LUMPUR (Jan 17): The Ministry of International Trade and Industry (MITI) says it will expedite the approval of incentives for the pricing of new…
KUALA LUMPUR (Jan 17): Proton Holdings Bhd’s indirect wholly-owned subsidiary Proton Automobiles China Ltd (PACL) has been slapped with a civil suit in China’s Guangdong…
SEMENYIH (Jan 17): Thirty-five-year-old Liau Tet Haw has finally fulfilled his long-time dream of owning a home — thanks to innovative property funding platform FundMyHome…
KUALA LUMPUR (Jan 17): Based on corporate announcements and news flow today, companies that may be in focus on tomorrow (Friday, Jan 18) may include…
NEW YORK (Jan 17): Mars Inc, the closely-held company best known for treats like M&M’s and Snickers bars, looks to double the size of the…
KUALA LUMPUR (Jan 17): SalamWeb Technologies MY Sdn Bhd (SalamWeb) today launched the world’s first Shariah-certified web browser and digital ecosystem for Muslims around the…
KLANG (Jan 17): A total of 100 illegal plastic waste recycling plants across the country will be shut down within the first three months of…
The Dollar majors have been plying narrow ranges so far today. Cable, after surging well over 1% to a peak of 1.2890 following the expected Brexit deal rejection by the UK’s parliament, has settled near 1.2850. Much political uncertainty has now fallen upon the UK.
OVERVIEW Even though Labour Party Leader Jeremy Corbyn argued that PM May’s “zombie administration” is shuffling along, Theresa May survived a 325-306 vote. GBP EUR firms up as investors feel a soft Brexit or delay is within reach. USD EUR rises on news Germany recently barely avoided a recession HIGHLIGHT
The Dollar has traded mostly firmer. EUR-USD tipped back under 1.1400 and posted a 12-day low at 1.1377. The pair has been in a downward phase over the last week, and we expect this bias will remain dominant for now, given the backdrop Eurozone-slowing narrative. USD-JPY has lifted to a one-week high of 108.81, driven […]