Putin aide proposes US$7.5 bil tax hike for mining, chemicals sectors
(Aug 10): The top economic adviser to Russian President Vladimir Putin proposed raising taxes on mining companies, including MMC Norilsk Nickel PJSC and Alrosa PJSC,…
(Aug 10): The top economic adviser to Russian President Vladimir Putin proposed raising taxes on mining companies, including MMC Norilsk Nickel PJSC and Alrosa PJSC,…
KUALA LUMPUR (Aug 10): Former Tradewinds Plantation Bhd chief executive officer (CEO) Chan Seng Fatt will join the board of directors of Star Media Group…
WASHINGTON (Aug 10): U.S. President Donald Trump said on Friday that he had authorized higher tariffs on imports from Turkey, imposing a 20% duty on…
KUALA LUMPUR (Aug 10): Based on corporate announcements and news flow today, stocks in focus on Monday may include the following: Malaysia Smelting Corp Bhd,…
The Dollar has been lacking direction so far today, overall, though gained about 1% versus an underperforming New Zealand Dollar, which dropped sharply on the lead of the RBNZ’s dovish guidance after the central bank left the official cash rate unchanged at 1.75%. NZD-USD posted a 29-month low at 0.6664. EUR-USD, meanwhile, has been holding […]
The Dollar index perked up early in the N.Y. session on Wednesday, though later gave back its gains, dropping to 95.13 from 95.40 highs. There was no U.S. data to move markets. Wall Street settled on either side of flat, while Treasury yields were a touch lower. EUR-USD ranged between 1.1573 and 1.1609, as USD-JPY […]
The Dollar lifted during the London AM session, with the USD index (DXY) having reversed most of the decline it posted yesterday in making an intraday peak of 95.35. EUR-USD concurrently fall back under 1.1600 to an intraday low of 1.1576 low, which puts in some distance from yesterday’s five-session peak at 1.1628, though the […]
KUALA LUMPUR (Aug 9): The FBM KLCI rose by a marginal 0.22 point or 0.01%, supported by increased foreign participation in the Malaysian stock market….
KUALA LUMPUR (Aug 9): The assets size of the Employees Provident Fund (EPF) will reach RM1 trillion in the next two to five years, says…
KUALA LUMPUR (Aug 9): An internal investigation by the Ministry of Finance (MoF) into the RM18 billion input tax credit allegedly misappropriated from the goods…
KUALA LUMPUR (Aug 9): Finance Minister Lim Guan Eng has called on former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah to reveal the…
KUALA LUMPUR (Aug 9): Supermax Corp Bhd says that a succession plan is in place and that its business remains intact after the Kuala Lumpur Session…