Facebook's rebound has Nordea berating 'short-sighted' investors
(May 3): The head of sustainable investing at Nordea Bank AB’s asset management unit says it’s too soon to forgive Facebook Inc. Since revelations that the…
(May 3): The head of sustainable investing at Nordea Bank AB’s asset management unit says it’s too soon to forgive Facebook Inc. Since revelations that the…
GEORGE TOWN (May 3): 1Malaysia Development Bhd (1MDB)’s fourth auditor Parker Randall UK LLP has been given access by the police to the state entity’s…
KUALA LUMPUR (May 3): Berjaya Assets Bhd (BAssets), via its subsidiary, upped its stake in 7-Eleven Malaysia Holdings Bhd (SEM) to 5.24%, stoking further speculation…
KUALA LUMPUR (May 3): Two Malaysians have made it into Forbes Asia’s inaugural Emergent 25 List, which honours star businesswomen who are making their recent…
KUALA LUMPUR (May 3): Puncak Niaga Holdings Bhd has bagged a RM489.93 million contract to undertake sub-contract works to build a new regional sewage treatment…
PUTRAJAYA (May 3): “I thought people from Putrajaya are cowards.” That was Tun Dr Mahathir Mohamad’s opening sentence at Pakatan Harapan’s ceramah tonight, which was held…
KUALA LUMPUR (May 3): Based on corporate announcements and news flow today, companies in focus on Friday (May 4) may include the following: Puncak Niaga…
KUALA LUMPUR (May 3): AirAsia X Bhd (AAX) said today it will be filing a defence in response to Malaysia Airports Holdings Bhd’s (MAHB) claim…
The dollar retreated some after posting fresh highs against the yen, sterling and some other currencies. Firmer than expected UK construction PMI data gave Cable some added lift, driving the Cable above 1.3860, up on the four-month low that was seen just ahead of the London open at 1.3580. EUR-USD has settled near 1.2000 after […]
The dollar has remained in the ascendant, posting fresh trend highs against the yen and sterling, and remaining buoyant, near highs versus the euro and other currencies. USD-JPY edged out a fresh 11-week high at 109.92 in early Tokyo trading, gaining despite declines in EUR-JPY and other yen crosses. EUR-USD has remained heavy after posing […]
The dollar had been on the rise ahead of the Fed, though abruptly turned lower following the FOMC announcement, where policy was left unchanged, as-expected. The statement noted the FOMC sees inflation close to goal, and sees further gradual rate hikes going forward. For the FX market, the statement was not overly hawkish, keeping a […]
OVERVIEW US Dollar index at new 2018 highs. The Euro under pressure after GDP data confirms slower growth. GBP supported by rebound in construction activity. Swedish Krona falls after central bank comments. HIGHLIGHT