KAJANG (June 25): The Pakatan Harapan-led government will review the approvals-in-principle granted to several property developers awarded by the previous Barisan Nasional administration on direct…
HANGZHOU, China (June 25): Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon…
PETALING JAYA (June 25): The 1MDB fiasco is the result of the disastrous consequences of leadership failure, said Deputy Prime Minister Datuk Seri Dr Wan…
KUALA LUMPUR (June 25): TRX City Sdn Bhd (TRXC) said it has lodged a police report on Friday on the transfers of TRXC’s funds to…
The dollar came under pressure as stock markets enjoyed a rally, although the MSCI All-Country index still looks likely to close the week lower in a week that trade tensions went next level. The narrow trade-weighted USD index was showing a loss of 0.3%, as of the early PM session in Europe. EUR-USD printed a […]
The DXY printed lows of 94.51 in N.Y. on Friday, down from highs of 94.79, though above the seven-session bottom of 94.44 seen in London. Aside from softer flash manufacturing and services PMIs, there was no data on Friday. EUR-USD peaked at 1.1666, fell to 1.1618 lows, then re-tested the highs into the close. USD-JPY […]
OVERVIEW The Dollar Index slides for the second successive day, down 0.25%. Sterling sees light, bouncing back from 7-month lows amidst hawkish BoE. Poor data sends the Canadian Loonie plunging to new 2018 lows. WTI continues to gain, up $1.85 to trade near $67.42 a barrel. HIGHLIGHT
KUALA LUMPUR (June 22): The FBM KLCI gained 1.83 points or 0.1% on bargain hunting and amid fund managers’ window dressing ahead of the end…
KUALA LUMPUR (June 22): Malaysia’s new central bank governor will inherit economic stability with a dose of political uncertainty and global pressures when she takes…
PUTRAJAYA (June 22): The Malaysian government announced today that His Majesty Yang di-Pertuan Agong had on Tuesday, June 19, agreed to Prime Minister Tun Dr…
PUTRAJAYA (June 22): Datuk Nor Shamsiah Mohd Yunus has promised to maintain the country’s monetary and financial stability upon assuming office as Bank Negara Malaysia…
KUALA LUMPUR (June 22): Kimlun Corp Bhd is expecting flat top- and bottomline growth in the financial year ending Dec 31, 2018 (FY18), amid uncertainties…