Long-drawn-out Apex-Mercury merger saga ends with no deal
KUALA LUMPUR (April 16): After dragging on for more than two years, the JF Apex Securities Bhd-Mercury Securities Sdn Bhd merger saga has come to…
KUALA LUMPUR (April 16): After dragging on for more than two years, the JF Apex Securities Bhd-Mercury Securities Sdn Bhd merger saga has come to…
KUALA LUMPUR (April 16): Based on corporate announcements and news flow today, companies in focus on Monday (April 19) may include: Apex Equity Holdings Bhd,…
KUALA LUMPUR (April 16): For the first time in 40 days, Malaysia’s daily Covid-19 cases crossed the 2,000 mark yesterday. And today, daily cases stayed above…
NEW YORK/BENGALURU (April 16): The three main Wall Street indexes ended Friday higher for the day and week, with the S&P 500 and the Dow breaking…
KUALA LUMPUR (April 17): Bermaz Auto Bhd (BAuto) — previously known as Berjaya Auto Bhd — has been focusing solely on the Mazda franchise over the past 13…
The dollar has continued on a softening tack, edging out a fresh four-week low by the measure of the narrow trade-weighted DXY index, at 91.29, extending the correction from the five-month high that was seen just over two weeks ago at 93.44. EUR-USD concurrently edged out a one-month high at 1.1994, while USD-JPY printed a […]
The dollar edged out a fresh four-week low by the measure of the narrow trade-weighted DXY index, at 91.56, extending the correction from the five-month high that was seen just over two weeks ago at 93.44. EUR-USD concurrently edged out a one-month high at 1.1990, while USD-JPY remained heavy, near its three-week low that was […]
The Dollar overall ended up little changed overall in N.Y. on Wednesday, though was choppy and largely range bound. The DXY printed a near one-month low ahead of the open, but managed to recover some in late morning trade. Incoming data, aside from a softer industrial production print, was solid, seeing initial jobless claims drop […]
KUALA LUMPUR (April 15): The FBM KLCI finished up 0.62% today despite pervasive negative sentiment, while the Healthcare Index continued to rise, as growing cases…
KUALA LUMPUR (April 15): Khazanah Nasional Bhd has completed a placement of 53.8 million shares in Telekom Malaysia Bhd (TM), raising gross proceeds of RM312…
KUALA LUMPUR (April 15): New Covid-19 cases in Malaysia increased further today to breach the 2,000 mark with 2,148 cases as Sarawak reported the highest…
PUTRAJAYA (April 15): The prosecution in Datuk Seri Najib Razak’s SRC International Sdn Bhd appeal hearing at the Court of Appeal today has questioned the…