Wrongdoings of MCMC must be investigated, say lawyers
KUALA LUMPUR (May 25): Wrongdoings on the part of the Malaysian Communications and Multimedia Commission (MCMC) must be investigated to ensure the commission has transparency…
KUALA LUMPUR (May 25): Wrongdoings on the part of the Malaysian Communications and Multimedia Commission (MCMC) must be investigated to ensure the commission has transparency…
KUALA LUMPUR (May 25): The Malaysian government will be transparent about its financial numbers whether the market likes it or not, said Finance Minister Lim…
A risk-off theme propelled the yen higher and, to a lesser extent, the dollar, which posted gains against most currencies outside the case versus the Japanese unit. The narrow trade-weighted USD index (DXY) has gained 0.4%, though has remained a little short of the five-month high that was seen on Monday at 94.06. EUR-USD traded […]
The DXY advanced to new trend highs in N.Y. morning trade on Wednesday, though pulled back a bit after the FOMC minutes release, even after the Fed indicated a June rate hike is in the cards, and revealed concerns that trade disputes could damage business sentiment. EUR-USD rallied to 1.1695 from 1.1680, while USD-JPY slipped […]
OVERVIEW US Dollar strengthens across the board, Yen and Swiss Franc also strengthen. EUR falls to fresh lows for the year after survey shows growth slowed further in May. GBP weaker after inflation miss. Turkish Lira’s pain continues, hits fresh record lows. HIGHLIGHT
KUALA LUMPUR (May 23): Finally, the counting is over and the total is about RM120 million. That’s the amount of cash seized from posh condos…
KUALA LUMPUR (May 23): Genting Plantations Bhd’s net profit for its first quarter ended March 31, 2018 (1QFY18) rose 39% year-on-year to RM100.98 million versus…
KUALA LUMPUR (May 23): Paramount Corp Bhd achieved sales of RM227 million in the first quarter ended March 31, 2018 (1QFY18), but reported a slight…
KUALA LUMPUR (May 23): The Securities Commission Malaysia (SC) has reprimanded Khee San Bhd and its directors for failing to comply with approved accounting standards…
KUALA LUMPUR (May 23): The Ministry of Finance (MoF) will appoint PwC to conduct a special position audit and review of 1Malaysia Development Bhd (1MDB)…
KUALA LUMPUR (May 23): Baling Member of Parliament Datuk Seri Abdul Azeez Abdul Rahim has resigned as chairman of Lembaga Tabung Haji (TH), a TH…
(May 23): Money used to pay off US$500 million owed by 1MDB to International Petroleum Investment Co (IPIC) PJSC last December came from a land…