Petronas says involved in TransCanada's proposal to build gas pipeline extension
KUALA LUMPUR (March 23): Malaysia’s Petronas said on Friday that it is one of the producers involved in TransCanada’s proposal to expand a pipeline system…
Tag Archives: Technical Analysis
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China urges U.S. away from 'brink' as Trump picks trade weapons
BEIJING/SHANGHAI (March 23): China urged the United States on Friday to “pull back from the brink” as President Donald Trump’s plans for tariffs on up…
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China, HK stocks slump most in 6 weeks on trade war fears, bonds in demand
SHANGHAI (March 23): Fears of a trade war between the world’s two largest economies jolted China’s markets on Friday, with the country’s main stock indexes…
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AirAsia switches to digital mode as it lightens load with leasing sale
SINGAPORE/HONG KONG/KUALA LUMPUR (March 23): Tony Fernandes, the co-founder of AirAsia Bhd, is seeking to transform Asia’s biggest budget airline into an asset-light, digitally focused…
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Small-cap stocks hit worst amidst trade war fears
KUALA LUMPUR (March 23): US President Donald Trump’s move to impose import tariff on China sparked a strong selling wave in Asia, particularly shares in…
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The Malaysian Insight to stop publication next week
KUALA LUMPUR (March 23): News portal The Malaysian Insight announced today it will be stopping publication effective next week — less than a year since…
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XE Market Analysis: Asia – Mar 21, 2018
The dollar initially fell, rose to session highs, then turned choppy after the as-expected 25 basis point Fed rate hike. The dot-plot remained at 3 2018 tightenings (some had been expecting a shift to 4), which was likely the catalyst for the initial dollar-slide. Overall however, the statement was little changed, and in the scheme […]
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China's big banks' profits set to surge
SHANGHAI (March 22): Profits at China’s top banks are set to surge after two dismal years, boosted by a strengthening economy and disproportionate benefits from…
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BNM reserves up 0.2% at US$103.9b as at March 15
KUALA LUMPUR (March 22): Bank Negara Malaysia (BNM)’s international reserves rose 0.2% to US$103.9 billion (equivalent to RM406.42 billion) as at March 15, 2018, from…
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Kit Siang sidesteps question over Mahathir using DAP symbol
KUALA LUMPUR (March 22): DAP supremo Lim Kit Siang today sidestepped a question on the announced willingness of Parti Pribumi Bersatu Malaysia chairman Tun Dr…
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China will win the A.I. race, according to Credit Suisse
(March 22): The two largest economies in the world are dominating global research and development in the artificial intelligence field, but China is likely to…
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ACCCIM: 40% of local Chinese businesses may consider retrenchment
KUALA LUMPUR (March 22): About 40% of the Malaysian Chinese business community may decide to retrench workers due to rising labour costs, says the Associated…