Corporate earnings worsen in 4Q18 — Affin Hwang
KUALA LUMPUR (March 4): Corporate earnings of Malaysian stocks were spectacularly disappointing in the fourth quarter of 2018 (4Q18), as large capitalisation stocks missed expectations,…
KUALA LUMPUR (March 4): Corporate earnings of Malaysian stocks were spectacularly disappointing in the fourth quarter of 2018 (4Q18), as large capitalisation stocks missed expectations,…
KUALA LUMPUR (March 4): Malaysia’s exports increased 3.1% year-on-year (y-o-y) to RM85.4 billion in January 2019, mainly contributed by expansion in exports of electrical and…
KUALA LUMPUR (March 4): JAG Capital Holdings Sdn Bhd has emerged the largest shareholder in KUB Malaysia Bhd after it acquired a 31.99% stake in…
KUALA LUMPUR (March 4): Finance Minister Lim Guan Eng said today Malaysia’s 2018 inflation at 1% versus 2017’s 3.8% is proof that the sales and…
BANGI (March 4): There should be an in-depth study on the salaries and wages of employees by taking into account the cost of living, said…
(March 2): A “tough legal setup” for Goldman Sachs Group Inc in the 1MDB case may result in fines of as much as US$9 billion,…
(March 2): Malaysia plans to halt all expansion of oil palm plantations this year as it seeks to dispel the oil’s reputation as a driver…
(March 2): As at 7.15pm Malaysiakini reported that BN has extended its lead over Pakatan Harapan by more than 1,700 votes. According to unofficial results, BN…
(March 2): At 8.25pm, Malaysiakini has reported that Barisan Nasional has won the Semenyih by-election. Malaysiakini is making the call based on the assumption that voter…
KAJANG (March 2): Barisan Nasional (BN) wrested the Semenyih State Legislative Assembly Seat after its candidate, Zakaria Hanafi won the four-cornered contest in the by-election…
The Dollar posted fresh highs against the Euro and Yen, among other currencies, extending the gains sparked by yesterday’s above-forecast growth data out of the U.S., which has improved the yield advantage the U.S. currency has against many of the main currencies. EUR-USD posted a three-day low at 1.1353, before lifting to around 1.1370-75. Lower […]
The Dollar has held an upwardly mobile trajectory in the wake of yesterday’s above-forecast U.S. GDP data and associated lift in Treasury yields. EUR-USD re-tested yesterday’s post data low at 1.1361, while USD-JPY has rallied to a fresh 10-week high at 111.77. Yen crosses were generally firmer to, with the Japanese currency underperforming as it’s […]