Market remains cautious amid lingering concern on US interest rate hike
KUALA LUMPUR (Nov 9): Taking cue from the weak regional sentiment, the FBM KLCI dropped 13.33 points or 0.77% at the closing bell today, to…
KUALA LUMPUR (Nov 9): Taking cue from the weak regional sentiment, the FBM KLCI dropped 13.33 points or 0.77% at the closing bell today, to…
Today, my friend Datuk Kadir Jasin posted on his blog on the possibility that there might have been a leak of the contents of the…
KUALA LUMPUR (Nov 9): Trading in the shares of Malaysian Resources Corp Bhd (MRCB) will be suspended on Monday (Nov 12) pending a material announcement. In…
SAY you and your spouse are in your late 20’s. You have two beautiful children. You earn just over RM5,000 a month – barely enough to…
KUALA LUMPUR (Nov 9): Sapura Energy Bhd has sealed the deal to divest half of its wholly-owned exploration and production (E&P) unit Sapura Upstream Sdn…
KUALA LUMPUR (Nov 9): Petroliam Nasional Bhd (Petronas) has sufficient cash in reserve for its capital expenditure (capex) going forward, Tony Pua, political secretary to…
KUALA LUMPUR (Nov 9): Prime Minister Tun Dr Mahathir Mohamad has denied that the offer to guarantee Malaysia’s 200 billion yen ($1.77 billion) Samurai bonds…
BEIJING (Nov 9): American Express Co on Friday won approval to clear card payments in China, making it the first U.S. card network to gain…
KUALA LUMPUR (Nov 9): Based on corporate announcements and news flow today, stocks in focus on Monday (Nov 12) may include Straits Inter Logistics Bhd,…
KUALA LUMPUR: Bank Pembangunan Malaysia Bhd has been entrusted with several government initiatives under Budget 2019. However, with many issues plaguing the over four-decade old development…
The Dollar has rebound from declines seen yesterday as the U.S. midterms election results spelt out policy gridlock. The re-ascent of the greenback coincided with strong Wall Street gains, where the S&P 500 closed with a 2.1%, which is the best gain seen for the day of a midterm election since 1982. The USD index […]
The Dollar has more than recovered losses seen yesterday in the wake of the U.S. midterms election results. EUR-USD posted a two-day low at 1.1411. USD-JPY and yen crosses have been trading firmer so far today, concomitantly with rebounding global stock markets in accordance with the Japanese currency’s usual inverse-correlative bias with equities. USD-JPY has […]