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KUALA LUMPUR (June 22): Based on corporate announcements and news flow today, companies that may be in focus on Monday (June 25) may include the…
KUALA LUMPUR (June 22): Based on corporate announcements and news flow today, companies that may be in focus on Monday (June 25) may include the…
KUALA LUMPUR (June 22): Food packaging manufacturer SCGM Bhd’s net profit plunged 97% to RM150,000 in the fourth financial quarter ended April 30, 2018 (4QFY18)…
KUALA LUMPUR (June 22): Today is the last day in service for Malaysia Airports Holdings Bhd (MAHB) managing director Datuk Mohd Badlisham Ghazali as his…
The acceleration in the ouflow of foreign funds from the region, including Malaysia, has made investors jittery for the second time this year. Last week,…
OVERVIEW Sterling rebounds following MPC vote and renewed expectations of a rate hike. USD weakens after a sharp drop in Philly Fed Index. Euro recovered from weakest level since July 2017. HIGHLIGHT The Pound stabilizes against the USD as expectations of a rate hike this year from BOE come back into play. The focus will […]
The dollar faded lower in N.Y. on Thursday, dented by a softer Philly Fed index. The DXY has topped at 11-month highs of 95.53 ahead of the open, and the weaker data appeared to have prompted some long-dollar position squaring. EUR-USD opened at 1.1540, later rallying to 1.1633 highs. USD-JPY peaked at 110.60 before falling […]
The dollar has traded moderately softer so far today, extending a theme that has been seen since yesterday following the release of the Philly Fed index, which came in much weaker than expected. Amid this backdrop, the euro has corrected some of its recent losses against most other currencies, which has likely reflected short covering, […]
KUALA LUMPUR (June 22): Communications and Multimedia Minister Gobind Singh Deo said today the ministry was working on improving the quality of service of Pos…
KUALA LUMPUR (June 22): Prime Minister Tun Dr Mahathir Mohamad said the Malaysian ringgit’s fair value today is the same as the peg that his…
BEIJING (June 22): Armed with interactive online courses, generous funding and new dedicated research institutes, China’s universities are on the frontlines of an effort to promote…
HONG KONG (June 22): Malaysia’s ringgit is one of the region’s “cheapest” currencies and is set to strengthen later this year, as the nation’s current-account…
SHAH ALAM (June 22): UMNO veteran leader Tengku Razaleigh Hamzah says the party has to undergo a clean-up and renewal to redeem its integrity which…