No ringgit peg for Malaysia for now; changing currency an option: Mahathir
PUTRAJAYA: There is no need to peg the ringgit at the moment although the country will study this as an option if needed, Malaysian Prime…
PUTRAJAYA: There is no need to peg the ringgit at the moment although the country will study this as an option if needed, Malaysian Prime…
KUALA LUMPUR (June 26): T7 Global Bhd is keen on continuing participation in the controversial East Coast Railway Line (ECRL) project even at substantially lower…
REUTERS ANALYSIS: SINGAPORE (June 26): For over half a century, island-state Singapore has been getting half its fresh water from northern neighbour Malaysia — a…
(June 26): As news of a possible restriction on Chinese investment in U.S. technology companies surfaced amid the ongoing trade spat between the world’s two…
SINGAPORE/BEIJING/TOKYO/SEOUL (June 26): Singapore refining margins, the benchmark for profitability among oil processors in Asia, fell to their lowest in two years, dragged down by…
The yen has rallied across-the-board as stock markets in Asia went bearish again on concerns about a worsening trade war. USD-JPY pulled back to a two-week low of 109.37. The biggest mover has been AUD-JPY cross, which is presently showing a fairly sizable 0.8% decline. News that the PBoC trimmed banks’ reserve ratio requirement helped […]
KUALA LUMPUR (June 25): Stocks listed on Bursa Malaysia have been subject to foreign selling for the past eighth uninterrupted weeks. Based on preliminary data from…
(June 25): Grab, the Singapore-based on-demand services company that bought out Uber’s Southeast Asian business, is working toward opening its platform to third-party providers as…
KUALA LUMPUR (June 25): The FBM KLCI fell 0.65 point after volatile trade, amid global trade spat concerns. At 12:30pm, the KLCI settled at 1,693.50,…
KUALA LUMPUR (June 25): theedgemarkets.com highlighted two stocks with momentum at Bursa Malaysia’s afternoon market close today. Both stocks displayed negative momentum. The stocks were: Kumpulan Perangsang…
(June 25): Thailand will seek bids in the fourth-quarter for a 180 billion baht (US$5.5 billion) high-speed rail project that’s part of a wider plan…
KUALA LUMPUR (June 25): Serba Dinamik Holdings Bhd secured about RM465.1 million worth of new contracts involving operations and maintenance (O&M) besides engineering, procurement, construction…