KLCI dips 4.73 points as funds adjust portfolios
KUALA LUMPUR (Dec 4): The FBM KLCI spent the day in negative territory as funds appear to have sold in order to readjust their portfolios…
KUALA LUMPUR (Dec 4): The FBM KLCI spent the day in negative territory as funds appear to have sold in order to readjust their portfolios…
KUALA LUMPUR (Dec 4): Al-Salam Real Estate Investment Trust (Al-Salam REIT) is acquiring 22 properties located across Malaysia for a combined RM115 million in a…
KUALA LUMPUR (Dec 4): IOI Corp Bhd sees a “strong support” for crude palm oil (CPO prices) at RM2,500 to RM2,650 per tonne in the…
KUALA LUMPUR (Dec 4): Local glove manufacturers will tweak their prices to match up with rising cost, according to Malaysian Rubber Glove Manufacturers Association (MARGMA)…
KUALA LUMPUR (Dec 4): IJM Corp Bhd announced today its wholly-owned IJM Construction Sdn Bhd has entered into a pre-bid agreement with three companies to…
KUALA LUMPUR (Dec 4): Based on corporate announcements and news flow today, companies in focus on Tuesday (Dec 5) may include: Handal Resources Bhd, IOI…
KUALA LUMPUR (Dec 4): Property development and construction outfit Ireka Corp Bhd has teamed up with the world’s largest manufacturer of rolling stock and rail-related…
There is little debate among Fed policy makers about the jobs market; there exists a near-universal consensus that we’re at employment. Inflation, however, is a different story. Several Fed presidents made speeches that week perfectly exemplified the current state of debate. First up is Neal Kashkari:
The OCED released their latest World Economic Outlook, which was largely upbeat. The organization is projecting a 3.5% global growth rate for 2017. While this is below past expansions, it is the highest level in seven years. Low rates are helping to support developed countries while increased Chinese investment […]
The autopilot economy continues growing. This week, the BEA released the second estimate for second quarter GDP, which showed solid, broad-based growth. Personal consumption expenditures also rose. Consumer confidence hit a 17-uyear high and new home sales rose to their highest level since the recession. The BEA released […]
November data started out with vehicle sales, the Chicago PMI, and ISM manufacturing indexes all cooling slightly, but still very positive. Consumer confidence improved, driven mainly by a jump in the future expectations component.
OVERVIEW The Pound remains strong across the board on positive Brexit tone and strong economic data. The Euro is steady as Eurozone factories have had their busiest month in 17 years. The Dollar looks vulnerable as Trump’s administration looks set to change again. HIGHLIGHT Manufacturing data has been the focus for this week. UK manufacturing […]