Fed's Powell says support for economy needed for 'some time'
WASHINGTON (Feb 23): The US economic recovery remains “uneven and far from complete” and it will be “some time” before the Federal Reserve considers changing…
Tag Archives: Technical Analysis
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Nestle, PetChem, Perak Transit, IOI Corp, Leong Hup International, Sunway Construction, Petron, ATA IMS, Syarikat Takaful, Manulife, Frontken, Samchem, BToto, Supermax, Genting Malaysia and AT Systematization
KUALA LUMPUR (Feb 23): Based on corporate announcements and news flow today, companies in focus tomorrow (Feb 24) may include: Nestle (M) Bhd, Petronas Chemicals…
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XE Market Analysis: Europe – Feb 22, 2021
Shifting yield differentials have continued to drive currency direction. At the 10-year maturity level, Australian yields have, for instance, risen more over the last week than most peers, which has driven the Aussie dollar to fresh trend highs against most currencies. UK yields have also been among those showing the biggest basis point rise, even […]
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XE Market Analysis: North America – Feb 22, 2021
It’s all about yield differentials in currency markets at the moment. The Aussie dollar, for instance, has pegged fresh trend highs against most currencies in synchrony with Australian yields rising more than peers over the last week. UK yields have also been among those showing the biggest basis point rise, even more than U.S. Treasuries […]
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Covid-19: Malaysia records 2,192 new cases with six more deaths
KUALA LUMPUR (Feb 22): Malaysia’s new Covid-19 cases dropped to 2,192 from 3,297 reported on Sunday, bringing the cumulative confirmed infections to 285,761. Six more Covid-19…
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Covid-19: Eight new clusters; seven linked to workplaces
KUALA LUMPUR (Feb 22): The Ministry of Health (MOH) announced that eight new Covid-19 clusters were detected today, of which seven are linked to workplaces…
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Selling pressure building up on glove stocks
KUALA LUMPUR (Feb 22): Glove bulls seem to be getting lethargic as more countries kick-start their Covid-19 vaccination programmes. Malaysia will soon be the latest…
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Temporary suspension on IDSS and PDT short-selling extended to Aug 29
KUALA LUMPUR (Feb 22): Securities Commission Malaysia (SC) and Bursa Malaysia Bhd will be extending the temporary suspension of intraday short selling (IDSS) and intraday…
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Palm oil associations shocked by sudden cess hike
KUALA LUMPUR (Feb 22): Plantation associations say today they are surprised by the government’s decision to raise the cess levied on crude palm oil (CPO)…
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Malaysian govt SPV to spearhead provision of 5G infrastructure — Saifuddin Abdullah
PUTRAJAYA (Feb 22): The provision of 5G infrastructure in the country will be led by a government-owned entity or Government of Malaysia Special Purpose Vehicle…
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Malaysia to launch Southeast Asia's first 5G cybersecurity test lab
KUALA LUMPUR (Feb 22): Malaysia will launch Southeast Asia’s first 5G Cybersecurity Test Lab — a joint effort by national cybersecurity specialist agency, CyberSecurity Malaysia…
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Khazanah Nasional to inject RM3.6b in Malaysia Airlines after UK Court approves the airline's RM16b restructuring plan
KUALA LUMPUR (Feb 22): Khazanah Nasional Bhd, the sole shareholder of Malaysia Airlines Bhd, has committed to inject RM3.6 billion in new capital into the…