Markets were relatively quiet in the aftermath of the Trump/Kim summit, and ahead of Wednesday’s likely Fed rate hike. The FX market saw the dollar perk up after the London close, taking the DXY to 93.85 highs from lows of 93.49. EUR-USD slipped to 1.1737 from 1.1801 highs, while USD-JPY topped at 110.44, up from […]
OVERVIEW DXY Index flat after handshake effect fades away but JPY drops to a 3-week low. Investors nervous as Brexit bill goes to House of Commons. More tweets augur badly for an under-pressure Canadian Loonie. WTI loses 13 cents, moving under $66.00 a barrel. HIGHLIGHT
HONG KONG (June 13): CVC Capital Partners acquired Malaysian snack producer Munchy Food Industries Sdn Bhd, as the private equity firm deepens its exposure to…
KUALA LUMPUR (June 13): Financier Low Taek Jho told the task force investigating 1MDB that he was willing to meet them there, The Malaysian Insight…
KUALA LUMPUR (June 13): U.S. real-money funds are generally constructive on the ringgit although there are concerns about Malaysia’s fiscal outlook following last month’s unexpected…
SINGAPORE (June 13): Toyota Motor Corp has agreed to invest US$1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s…
KUALA LUMPUR (June 13): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon market close today. Two stocks displayed positive momentum while four stocks…
KUALA LUMPUR (June 13): Moody’s Investors Service said today 1Malaysia Development Bhd’s (1MDB) outstanding debt will play an important role in determining risks that contingent…
KUALA LUMPUR (June 13): Gas Malaysia Bhd announced today the revision of natural gas base tariff for the non-power sector in Peninsular Malaysia to RM31.92/MMBtu…
KUALA LUMPUR (June 13): Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has delivered its first liquefied natural gas (LNG) cargo through…
SEOUL (June 13): North Korean state media lauded on Wednesday the summit between Kim Jong Un and Donald Trump as a resounding success, highlighting concessions by…
KUALA LUMPUR (June 13): Affin Hwang Asset Management, the Malaysian investment firm that manages over $12b, has hired some senior RHB dealmakers as it seeks…