Courts Asia sounds profit warning for 4Q18
SINGAPORE (April 18): Courts Asia says it expects 4Q earnings ended March to be significantly reduced, with possibility of reporting a net loss position for…
SINGAPORE (April 18): Courts Asia says it expects 4Q earnings ended March to be significantly reduced, with possibility of reporting a net loss position for…
KUALA LUMPUR (April 18): Malaysia’s vehicle sales fell 6.9% or 3,733 units to 49,985 units in March, compared with 53,718 units in the corresponding month…
KUALA LUMPUR (April 18): The Perodua Labour Union has objected to a proposed acquisition of MBM Resources Bhd (MBMR) by UMW Holdings Bhd (UMWH), as…
KUALA LUMPUR (April 18): SMTrack Bhd has scrapped plans to acquire US-based Wellspring Worldwide Ltd for RM310 million through a combination of cash and new…
PETALING JAYA (April 18): Although the residential market in the Asia Pacific region has generally slowed, Hong Kong has achieved a 14.8% year-on-year growth in…
KUALA LUMPUR (Apr 18): Based on corporate announcements and news flow today, stocks in focus for Thursday (Apr 19) may include the following: Aeon Co…
FX trade was relatively quiet in N.Y. on Monday, though the dollar overall was a bit softer, seeing the DXY bottom at 89.39 from opening highs of 89.61. INcoming data was mixed, with retail sales a touch better than consensus, and the Empite State index missing the mark. EUR-USD ranged between 1.2359 and 1.2395, while […]
A dollar softening theme has prevailed , with EUR-USD ascending to three-week highs above 1.2400 and USD-JPY pushing to three-day lows below 107.00. AUD-USD has also turned higher after weakening in the wake of the release of the RBA’s minutes to its April policy meeting, which stated that there was no reason to hike rates […]
A dollar softening theme has been prevailing, with EUR-USD printing a three-week high just above 1.2380 and USD-JPY pushing to three-day lows below 107.00. AUD-USD has also turned higher after weakening in the wake of the release of the RBA’s minutes to its April policy meeting, which was deemed as showing board members as being […]
OVERVIEW USD steadies and gains versus European currencies. EUR weakens after ZEW survey. GBP retreats from post-Brexit highs versus Dollar after wage data disappoints. AUD slightly weaker after RBA minutes. HIGHLIGHT
DALLAS (April 17): There are many depictions of a future in which we’ve mastered the art of manipulating the opacity of glass. Even in real…
LONDON/NEW YORK/HONG KONG (April 17): The United States has banned American firms from selling parts and software to China’s ZTE Corp for seven years, potentially…