KLCI up on commodity gains as TA says Malaysian shares appear overbought
KUALA LUMPUR (April 17): The FBM KLCI closed up 1.73 points or 0.1% as crude oil and aluminium price gains supported Malaysian shares. At 5pm,…
KUALA LUMPUR (April 17): The FBM KLCI closed up 1.73 points or 0.1% as crude oil and aluminium price gains supported Malaysian shares. At 5pm,…
JAKARTA (April 17): A Facebook official apologised to Indonesian Members of Parliament on Tuesday during a five-hour grilling at a public hearing on issues ranging…
BANGKOK (April 17): True Corp on Tuesday defended its security measures after what is possibly the first known instance of a major data leak at…
KUALA LUMPUR (April 17): Malayan Banking Bhd (Maybank) expects the number of online banking transactions to increase by 50% to 6.4 billion this year, fuelled…
KUALA LUMPUR (Mar 26): Based on corporate announcements and news flow today, stocks in focus on Wednesday (Apr 18) may include: Malaysia Marine and Heavy…
SAN FRANCISCO (April 17): Microsoft, Facebook and more than 30 other global technology companies on Tuesday, announced a joint pledge not to assist any government…
JAKARTA (April 17): The South Jakarta District Court today ruled that the seizure of the Equanimity, the superyacht reportedly owned by Malaysian financier Jho Low,…
LONDON (April 17): Global steel demand will grow 1.8% this year and 0.7% next year, driven by favourable world economic momentum, though the market faces…
OVERVIEW US Dollar dips as hopes for the Syria strikes do not escalate. Sterling heading towards post-Brexit vote highs. Loonie strengthens on last-minute oil pipeline attempt. HIGHLIGHT
The dollar traded moderate softer. EUR-USD clocked a two-session high of 1.2373 from the 1.2330-35 area while the narrow USD trade-weighted index (DXY) ebbed by 0.25%. AUD-USD also traded firmer, and USD-CAD softer. Cable traded above 1.4300 for the first time since January. Elsewhere, the Russian rouble came back under the cosh following the weekend […]
Moderate yen outperformance has been a feature in otherwise narrow-ranging early-week trading. EUR-USD held in the lower 1.2300s, remaining within Friday’s range. USD-JPY, meanwhile, dipped below Friday’s low at 107.25 on route to a 107.13 low, which marks a correction in an upside trend that’s been in development for two weeks now, from mid 104.00 […]
NEW DELHI (April 16): India’s palm oil imports increased in March as a suspension of export duties by Malaysia and a drop in global prices…