More IPOs expected in 2H, but with lesser funds raised
KUALA LUMPUR (July 30): The number of initial public offerings (IPOs) on Bursa Malaysia in the second half of 2018 (2H18) is expected to be…
KUALA LUMPUR (July 30): The number of initial public offerings (IPOs) on Bursa Malaysia in the second half of 2018 (2H18) is expected to be…
KUALA LUMPUR (July 30): The Kuala Lumpur High Court today dismissed a Mareva application filed by Top Glove Corp Bhd and Top Care Sdn Bhd…
PUTRAJAYA (July 30): Investigators have concluded that the Malaysia Airlines flight MH370 was manually diverted from its filed flight route, although it could not be…
WASHINGTON (July 30): Building on President Donald Trump’s “Indo-Pacific” strategy, U.S. Secretary of State Mike Pompeo on Monday announced $113 million in new regional investments…
KUALA LUMPUR (July 30): Based on corporate announcements and news flow today, companies in focus on Tuesday (July 31) may include: Top Glove Corp Bhd,…
BEIJING (July 29): The upcoming two-day visit by China’s Foreign Minister and State Councillor Wang Yi to Malaysia symbolises the country’s sincerity to deepen friendship…
KUALA LUMPUR (July 29): Works Minister Baru Bian said he would ensure that future government projects and procurements are closely supervised to stop the past…
KUALA LUMPUR (July 29): AirAsia Group Bhd said its flights to and from Lombok, Indonesia are operating as per schedule. “We will continue to monitor the…
WASHINGTON (July 29): US President Donald Trump said on Sunday he would allow the federal government to shut down if Democrats refuse to back major changes…
OVERVIEW US Advance Q2 GDP rose 4.1%. GBP riding headlong into Brexit chaos. Geopolitical tensions keep oil futures close to $70 a barrel. HIGHLIGHT The South African Rand has appreciated nearly 4% against the greenback so far this quarter. USD/ZAR is consolidating after dropping close to the 13 handle. The SARB left its benchmark at […]
The dollar slipped after the U.S. Q2 GDP report, which was near expectations at 4.1%, though well below the whispers of 5% heard this week. From there, FX trade slowed to a crawl, leaving major Dollar pairings inside of narrow trading bands. EUR-USD peaked at 1.1662, up from 1.1625 pre-data. while USD-JPY fell to 110.80 […]
KUALA LUMPUR (July 26): Based on corporate announcements and news flow today, companies that may be in focus on Monday (July 30) may include the…