Certain approvals for Melaka Gateway have lapsed, reveals minister
KLANG (July 12): The proposed RM43 billion Melaka Gateway development — which was scheduled to commence operation by March 2021 — may be facing hiccups. Transport…
KLANG (July 12): The proposed RM43 billion Melaka Gateway development — which was scheduled to commence operation by March 2021 — may be facing hiccups. Transport…
BEIJING (July 12): Long accused of protectionist tactics that make it a difficult place for foreign firms to operate, China is trying to reverse that narrative…
JAKARTA/TORONTO (July 12): Indonesia and Freeport-McMoRan Inc have struck an initial agreement for state-owned mining company PT Inalum to take a controlling stake in Freeport’s…
KUALA LUMPUR (July 12): The FBM KLCI gained 14.8 points or 0.88% as Asian share markets recovered from previous session’s losses as US-China trade war…
KUALA LUMPUR (July 12): The High Court has ordered the two issuing financial institutions to release a RM50 million bank guarantee called on by Star…
LONDON (July 12): The world’s oil supply cushion could be stretched to the limit due to prolonged outages, supporting prices and threatening demand growth, the…
ISTANBUL (July 12): Turkey’s lira touched a record low overnight, reflecting deepening investor concern about monetary policy and economic management after President Tayyip Erdogan appointed…
KUALA LUMPUR (July 12): Malaysian palm oil futures dropped to their lowest in nearly three years on Thursday, tracking overnight declines in related edible oils,…
LONDON (July 12): Oil prices rallied on Thursday, recouping some ground after sharp losses the previous session when Libya said it would resume oil exports. The…
KUALA LUMPUR (July 12): MSM Malaysia Holdings Bhd and Central Sugars Refinery Sdn Bhd (CSR) issued a joint statement today to say that the sugar…
The dollar majors have traded in narrow ranges so far today amid a tone of heightened caution as stock markets take a fresh tumble, led by Chinese bourses, due to another ratchet in trade warning tensions between the U.S. and China. U.S. index futures have also seen heft declines. USD-JPY has settled lower, near the […]
OVERVIEW The Greenback comeback is stronger as trade tensions ease. JPY near a 7-week low on monetary policy divergence. WTI pushing towards the $75.00 a barrel, up 70 cents. HIGHLIGHT The Indian Rupee remains under pressure as the Greenback rebounds on waning trade war worries. Sustained capital outflows and higher crude oil prices continue to […]