APL Industries ex-ED Cheryl Tan, sister jailed five years, fined RM7m each for insider trading
KUALA LUMPUR (Aug 9): The Kuala Lumpur Sessions Court today convicted a former executive director of APL Industries Bhd (APLI), Datin Seri Cheryl Tan Bee…
KUALA LUMPUR (Aug 9): The Kuala Lumpur Sessions Court today convicted a former executive director of APL Industries Bhd (APLI), Datin Seri Cheryl Tan Bee…
KUALA LUMPUR (Aug 9): Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) announced today that they have resolved to accept the State government’s offer for…
KUALA LUMPUR (Aug 9): Development financial institutions (DFIs) should re-engineer their business models by diversifying their funding sources to be sustainable in the long run,…
SHAH ALAM (Aug 9): Proton Edar Sdn Bhd expects the prices of Proton vehicles to increase by between RM1,500 and RM3,000 with the reintroduction of…
COPENHAGEN (Aug 9): Shipping group Maersk said on Thursday 94 companies and organisations have so far joined a blockchain platform developed with IBM aimed at…
The Dollar has traded steady to modestly softer so far today. EUR-USD printed a four-session high of 1.1628, and the USD index (DXY) corrected for a second day after rallying for much of the previous week (in the wake of the Fed’s upgrade on growth to “strong” from “solid”), though the Dollar remained above the […]
The Dollar was on a softer footing early in the N.Y. session on Tuesday, though managed a modest recovery through the morning session. The DXY bottomed at 95.00 early, before recovering to 95.18 highs in relatively light dealings. There was no top tier data to drive the FX market. EUR-USD peaked at 1.1608, then pulled […]
There have been several themes at play so far today, one being a Dollar recovery from lows, another being a sharp decline in the Pound, and another being Yen outperformance. To start with Sterling, as it has been the biggest mover, Cable plunged over a big figure to one-year lows under 1.2875, while the Pound […]
KUALA LUMPUR (Aug 8): About RM18 billion or 93% of the RM19.4 billion input tax credit under the goods and services tax (GST) system since…
(Aug 8): Amazon Prime members can now order groceries from Whole Foods and pick them up from a store within an hour, the e-commerce giant…
KUALA LUMPUR (Aug 8): Opposition lawmaker Khairy Jamaluddin has urged the government to take the case over the missing RM18 billion input tax credit under…
KUALA LUMPUR (Aug 8): Perak Corp Bhd’s indirect 51%-owned subsidiary Animation Theme Park Sdn Bhd (ATP) has dropped plans to include DreamWorks’ attractions at its…