Great disservice if Umno Assemblies ignore 1MDB issue, says Kit Siang
KUALA LUMPUR (June 27): The Umno Assemblies this week beginning tomorrow will be doing Umno and the country a “great disservice” if it ignores addressing…
KUALA LUMPUR (June 27): The Umno Assemblies this week beginning tomorrow will be doing Umno and the country a “great disservice” if it ignores addressing…
(June 27): Mainland China markets are languishing in bear market territory as investor concerns over an ongoing trade dispute between Washington and Beijing and a…
KUALA LUMPUR (June 27): Prime Minister Tun Dr Mahathir Mohamad will travel to Indonesia tomorrow for a two-day working visit since coming to power again,…
A firmer yen amid a risk-off backdrop has been the dominant theme so far today as concerns about a worsening trade war plug at investors’ anxieties. News, announced on Sunday, that the PBoC trimmed banks’ reserve ratio requirement had limited impact, having been widely anticipated, and early gains in Chinese equity markets gave way to […]
OVERVIEW Sterling slips back to multi-month low before EC meeting this week. The Euro is stable on flat business climate survey. US Dollar slips on trade tariff concerns. HIGHLIGHT Foreign exchange markets are being led by two main themes this week. Firstly, the European Council Meeting on Thursday and Friday. Secondly, there are trade worries […]
The dollar traded mixed, losing ground to the yen and euro while gaining against higher beta currencies, such as the Australian dollar and its dollar bloc brethren, along with most emerging market currencies. This came as the spectre of a deepening and prolonging trade war — made more palpable by news today that Harley-Davidson will […]
The main currencies are showing little net change ahead of the London interbank open. EUR-USD edged a fresh 12-day high, at 1.1721, before ebbing back to near net unchanged levels nearer 1.1700. USD-JPY has become directionally stuck near 109.50, above the two-week low that was pegged yesterday, at 109.37.
KUALA LUMPUR (June 26): theedgemarkets.com highlighted one stock with negative momentum at Bursa Malaysia’s afternoon market close today. The stock was : Taliworks Corp Bhd – up…
SUBANG JAYA (June 26): Grab said it is open to opportunities in the fragmented digital payment industry, where consolidation among players may happen soon. Ride-hailing…
KUALA LUMPUR (June 26): KPMG Malaysia confirmed it had written to 1Malaysia Development Bhd (1MDB) on June 8 to inform the troubled strategic development company…
KUALA LUMPUR (June 26): The FBM KLCI rose 1.16 points or 0.1% after volatile trade, as Asian shares cut losses. Reuters reported Asian equities fell…
SINGAPORE (June 26): Malaysia’s credit-default swap performance since the general election on May 9 suggests investors see a decent chance of a ratings downgrade. Since…