Tabung Haji lodges police reports against former chairman, CEOs, and senior management
KUALA LUMPUR (Nov 30): Lembaga Tabung Haji has lodged two police reports against former office holders over the misuse of the pilgrim fund’s monies and…
KUALA LUMPUR (Nov 30): Lembaga Tabung Haji has lodged two police reports against former office holders over the misuse of the pilgrim fund’s monies and…
KUALA LUMPUR (Nov 30): Based on corporate announcements and news flow today, stocks in focus on Monday (Dec 3) may include: Genting Malaysia Bhd, Genting…
SINGAPORE/WASHINGTON/NEW YORK/KUALA LUMPUR (Nov 30): You can add another headache into the mix for Goldman Sachs Group Inc. The Federal Reserve is ramping up its investigation…
KUALA LUMPUR: With RM4 billion coming from the recently approved rights issue that will raise about RM4 billion to pare down debts, Tan Sri Shahril…
KUALA KANGSAR (Dec 1): Deputy Yang di-Pertuan Agong Sultan Nazrin Shah today reminded the people, especially leaders, not to mastermind provocation that could ignite hatred…
WASHINGTON (Dec 1): A former US Justice Department employee pleaded guilty on Friday to conspiring to deceive banks about millions of dollars in foreign lobbying…
NEW YORK/WASHINGTON (Dec 1): A bizarre scheme to pressure the US to go easy on Malaysians involved in one of the biggest financial scandals in…
The Dollar lifted out of fresh lows, while the Yen outperformed as Europe stock markets pared opening gains, S&P 500 futures sank and after the main Chinese stock indexes closed with 1%-plus losses for a second day. EUR-USD fell back to 1.1350 after printing a four-session high at 1.1397 as the impact of Fed Powell’s […]
The Dollar was choppy in N.Y. trade on Thursday, though remained inside of a relatively narrow range through the session. Incoming income and spending data were stronger than expected, though jobless claims rose more than expected, and the pending home sales index fell more than forecast. EUR-USD ranged between 1.1402 and 1.1365, while USD-JPY found […]
OVERVIEW Traders now only price in one rate hike for the US in 2019. Sterling continues to hover around vital 1.2750 level as Brexit concerns mount. The South African Rand is supported by Fed’s dovish tone. HIGHLIGHT The South African Rand has strengthened against the Greenback today following Fed Chair Powell’s speech where he eyed […]
The Dollar majors have been directionally challenged as market participants sit on their hands into the Trump-Xi meeting at the G20 gathering in Argentine. EUR-USD has remained buoyant, in the upper 1.1300s, holding just below yesterday’s one-week high at 1.1401. Cable has remained settled in the upper 1.2700s after failing to sustain gains above 1.2800 […]
KUALA LUMPUR (Nov 30): Newly-appointed chairman of Supermax Corp Bhd, Albert Cheok, said the group is targeting to produce 250 million pieces of contact lens…