PUC gets shareholders’ nod for Pictureworks stake buy
KUALA LUMPUR (April 26): ACE Market-listed PUC Bhd received shareholders’ approval to acquire a 33 per cent stake in Pictureworks Holdings Sdn Bhd (PW) for…
KUALA LUMPUR (April 26): ACE Market-listed PUC Bhd received shareholders’ approval to acquire a 33 per cent stake in Pictureworks Holdings Sdn Bhd (PW) for…
BAGAN DATUK (April 26): The Election Commission should be accorded the highest level of credibility in the implementation of the laws and regulations pertaining to…
KUALA LUMPUR (April 26): AirAsia X Bhd (AAX) carried 13% more passengers to 1.59 million in the first quarter of 2018 (1Q18) from 1.4 million…
KUALA LUMPUR (April 26): The FBM KLCI closed 0.34 point higher on bargain hunting after tumbling with China shares. Reuters reported that China stocks tumbled…
KUALA LUMPUR (April 26): Facebook today introduced the Marketplace feature in Malaysia and users will be able to discover, buy and sell goods through the…
KUALA LUMPUR (April 26): Almost 8% of Malay votes may swing to the opposition in the 14th general election (GE14), the latest survey by opinion…
KUALA LUMPUR (April 26): Engineering and construction group Ikhmas Jaya Group Bhd’s audited financial results for its year ended Dec 31, 2017 (AFS 2017) has…
KUALA LUMPUR (April 26): Based on corporate announcements and news flow today, companies in focus tomorrow (April 27) may include the following: Ikhmas Jaya Group…
The dollar picked up from correction lows, remaining underpinned after concomitantly posting trend highs yesterday after the 10-year T-note finally touched the 3.0% level first time here since early 2017. The narrow trade-weighted index (DXY) recouped to near 91.0 and yesterday’s trend high at 91.07, a level last seen in the first week of January. […]
OVERVIEW US 10-year Treasury above 3% for first time since 2014. USD gaining on a key break higher for US government bond yields. EUR remains soft as focus turns to relative interest rate differential. Turkish central bank raises rates, supports the Lira for now. Emerging market currencies weaken on fears of impact from higher debt […]
The dollar remained buoyant, with the 10-year T-note yield having yesterday touched the 3.0% leve for the first time since early 2017. The narrow trade-weighted index (DXY) posted at new trend high of 91.09, a level not seen since the first week of January. EUR-USD drifted back under the 1.2200 level, although so far leaving […]
The DXY posted three-plus month highs of 91.24 in N.Y. trade on Wednesday, largely driven by higher Treasury yields. There was no data to move the markets, though Wall Street was lower once again, despite mostly solid incoming earnings reports. EUR-USD touched trend lows of 1.2168, while USD-JPY topped at two-plus month highs of109.38. USD-CAD […]