FBM KLCI up on last-minute buying as US-China trade spat simmers
KUALA LUMPUR (July 27): The FBM KLCI climbed 2.91 points or 0.17% after last-minute buying of blue-chip counters like Petronas Gas Bhd and Hong Leong…
KUALA LUMPUR (July 27): The FBM KLCI climbed 2.91 points or 0.17% after last-minute buying of blue-chip counters like Petronas Gas Bhd and Hong Leong…
“It’s clearing the deck for restructuring.” THE resignation of Khazanah Nasional Berhad’s Managing Director and board members will enable the Government to restructure the sovereign wealth…
KUALA LUMPUR (July 27): Artificial intelligence (AI) will not replace human intelligence in the future. However, people’s role within the workforce will change, says HSBC…
KUALA LUMPUR (July 27): The Court of Appeal today dismissed the application by JAKS Resources Bhd for an Erinford Injunction to restrain the payout of…
WASHINGTON (July 27): Consumer spending propelled US economic growth to a 4.1% pace in the second quarter, the fastest since 2014, letting President Donald Trump…
The Yen has been trading firmer while the Dollar has been steady against most currencies. EUR-USD edged out a fresh four-day high of 1.1743 earlier in Asia, marginally extending the gain seen after the unexpectedly cordial meeting between President Trump and the EU’s Junker. USD-JPY has remained heavy as the 10-year JGB yield lifted to […]
The Dollar index posted moderate gains to 94.64 through the morning session, though headed toward one-week lows at 94.30 into the close. Softer new home sales had little impact on the FX market, though a solid 5-year Treasury auction weighed on the dollar in afternoon dealings. EUR-USD rallied to 1.1711 highs, up from a 1.1665 […]
EUR-USD has tipped moderately lower, back to the 1.1710 area after capping out at a four-day high of 1.1743 earlier in Asia, which marginally extended the gain seen after the unexpectedly cordial meeting between President Trump and the EU’s Juncker (with the former agreeing to hold off on car tariffs, at least for now, and […]
KUALA LUMPUR (July 26): The FBM KLCI finished 2.45 points or 0.14% higher, helped by the 11th-hour share price spike in index-linked stocks like Tenaga…
KUALA LUMPUR (July 26): Prasarana Malaysia Bhd has denied that the tenure of its president and group chief executive officer Masnizam Hisham has been cut…
MUMBAI (July 26): Malaysian palm oil futures climbed roughly 2% on Thursday, supported by gains in rival US soyoil and as a price correction to…
SINGAPORE (July 26): Dairy Farm International (DFI), a member of the Jardine Matheson Group, announced earnings of US$225 million (S$306.2 million) for the half-year ended…