Mostly narrow ranges have prevailed, which is likely to remain the case in the absence of North American markets. The main exception was Sterling, which dove over 0.5% on the double whammy of an unexpectedly weak August manufacturing PMI report out of the UK and after the EU’s chief Brexit negotiator Barnier said that the […]
OVERVIEW Markets thin due to Labor Day. UK August Manufacturing PMI hits lowest level in 25 months. UK PM’s spokesman says most recent Brexit proposal is the ‘only credible plan’. HIGHLIGHT The Argentinian Peso’s woes continues, now 35% lower in the last 7 days against the USD. Even the central bank raising benchmark rates to 60% late […]
KUALA LUMPUR (Sept 3): Malaysia has agreed with Singapore to postpone the development of a high-speed rail service by two years, Malaysian media reported, as…
KUALA LUMPUR (Sept 3): FGV Holdings Bhd, which today said several of its board members and management staff have been investigated with regards to some…
KUALA LUMPUR (Sept 3): The FBM KLCI dipped 6.08 points or 0.33% as escalating US-China trade war concerns weighed upon Asian shares. At 5pm, the KLCI…
KUALA LUMPUR (Sept 3): Declines in the Indonesian rupiah and the Malaysian ringgit reflect nervousness regarding the impending deadline for US tariffs on another US$200…
BEIJING/SHANGHAI (Sep 3): Richard Liu, founder and chief executive of JD.com, has kept tight control of the business as he takes aim at the likes of…
BEIJING (Sept 3): Chinese President Xi Jinping offered another US$60 billion in financing for Africa on Monday and wrote off some debt for poorer African…
PUTRAJAYA (Sept 3): Finance Minister Lim Guan Eng has given the assurance that companies would receive the goods & services tax (GST) refunds although some…
KUALA LUMPUR (Sept 3): Prime Minister Tun Dr Mahathir Mohamad is also shocked over the acquittal of Finance Minister Lim Guan Eng of corruption charges…
BANDAR SERI BEGWAN (Sept 3): The government will be looking into the delay of the construction of the Pan Borneo Highway in Sabah where funds…
KUALA LUMPUR (Sept 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Sept 4) may include the following:…