GM is said to plan closure of Canada plant with 2,200 workers
CHICAGO/OTTAWA (Nov 26): A car plant that General Motors Co. has operated for 65 years in Canada could be on the verge of shutting down,…
CHICAGO/OTTAWA (Nov 26): A car plant that General Motors Co. has operated for 65 years in Canada could be on the verge of shutting down,…
KUALA LUMPUR (Nov 25): Auditor-General Tan Sri Dr Madinah Mohamad has confirmed that the original audit report on 1MDB has been altered, and that orders…
The Dollar has traded firmer against most currencies outside the case versus the Yen, which saw its safe haven premium pick up after Chinese stocks came under heavy pressure, with the SSE index with a 2.5% closing loss, and as oil prices dove by over 4% to fresh 13-month lows. EUR-USD was a leader, tumbling […]
OVERVIEW The Dollar Index nears a five-day high, up 0.1% against the majors The Euro erases earlier sessions’ gains to trade in negative territory. NYMEX WTI Crude moves closer to $50.00 a barrel, down 6.70% on the day due to a supply glut HIGHLIGHT
FX trade was relatively subdued in N.Y. on Friday, though the Dollar remained firm after climbing in London morning dealings. EUR-USD touched six-session lows under 1.1335. USD-JPY bottomed at 112.66 on weaker equities, though recovered to near 112.90 as Wall Street pared losses. USD-CAD was whipped around by warmer Canada CPI and another plunge in […]
KUALA LUMPUR (Nov 23): FGV Holdings Bhd is suing its former group president and chief executive officer, Datuk Mohd Emir Mavani Abdullah, and 13 others…
KUALA LUMPUR (Nov 23): Malaysian Resources Corp Bhd (MRCB) has received the settlement sum of RM1.33 billion for the termination of the Eastern Dispersal Link (EDL)…
KUALA LUMPUR (Nov 23): The world’s most-used edible oil is having a horrendous year as a powerful mix of drivers pushes prices down — from…
ABIDJAN (Nov 23): Domestic shippers in the world’s top cocoa producer are losing market share to foreign-backed competitors, as exporters become ensnared in the fallout…
PETALING JAYA (Nov 23): Real estate agents and negotiators have a role to play in the new FundMyHome property scheme, said Malaysian Institute of Estate…
KUALA LUMPUR (Nov 23): Malaysia will increase the minimum bio-content local producers must add to its biodiesel fuel for certain sectors to 10% from 7%…
KUALA LUMPUR (Nov 23): Based on corporate announcements and news flow today, stocks in focus on Monday (Nov 26) may include the following: Malakoff Corp…