Steel stocks rise on Chinese rebar price gains
KUALA LUMPUR (April 2): Steel stocks began the new quarter today with sharp gains, as recent prices on the Chinese steel market offer clues to…
Tag Archives: Technical Analysis
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Maybank Kim Eng aims to be top investment bank in Asean
(April 2): After becoming the top global trader in Islamic bonds, Maybank Kim Eng now wants to be the region’s top investment bank. “I want to…
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Proton dealers: DRB-Hicom–Geely partnership promises exciting future
KUALA LUMPUR (April 2): The partnership between DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd bodes well for the future, thanks to the technology…
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Billionaire Krishnan is said to mull German tropical resort sale
KUALA LUMPUR (April 2): Malaysian billionaire T. Ananda Krishnan is considering selling a tropical-themed holiday resort in Germany, as he seeks to focus on his…
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AirAsia in Silicon Valley foray to find 'best startups in the travel industry' — Aireen Omar
KUALA LUMPUR (April 2): AirAsia Bhd is making its foray into the US’ Silicon Valley to find “the best startups in the travel industry”, WIT…
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Indonesia says Go-Jek, Grab need to register as transport businesses
JAKARTA (April 2): Indonesia is making it mandatory for Go-Jek and Grab to register as transport companies within two months to ensure they meet safety…
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Malaysian visitors could expect more red tape while applying for US visa
NEW YORK (April 2): Even as the Malaysian Government has been trying to get a visa waiver for Malaysian nationals wanting to visit the United…
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FBM KLCI down on profit taking amid GE14 speculation
KUALA LUMPUR (April 2): The FBM KLCI fell 5.11 points or 0.3% on profit taking and as investors speculated on the timing of Malaysia’s 14th…
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WCT buys 60% stake in Subang Skypark for RM44.56m, confirming The Edge report
KUALA LUMPUR (April 2): WCT Holdings Bhd is acquiring a 60% stake in Subang Skypark Sdn Bhd — operator of the Skypark Terminal (formerly Terminal…
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Dewan Rakyat passes Anti-Fake News Bill, PAS MPs vote 'Yes'
KUALA LUMPUR (April 2): The Dewan Rakyat today passed the Anti-Fake News Bill 2018, with PAS lawmakers joining Barisan Nasional Parliamentarians in supporting the controversial …
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Australia is in Good Economic Shape
We’ve gotten the latest round of AIG industry PMIs for Australia’s construction, manufacturing and service sectors. All three are expanding. Although the manufacturing index dropped 1.2 points, tt has been above a 50 reading for 17 months, indicating continued growth. All seven activity sub-indexes are rising and 6/8 sectors are growing. The service sector […]
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The New and Improved Fed is Definitely More Hawkish
WE have a new Fed Chairman: Jerome Powell. We also have a new Fed, in the sense that the FOMC Committee released their revised economic projections at their latest meeting: