Industrial division to continue driving FY18 growth at Sime Darby
KUALA LUMPUR (Feb 23): Sime Darby Bhd expects to see its industrial division driving growth in its financial year ending June 30, 2018 (FY18), outpacing…
KUALA LUMPUR (Feb 23): Sime Darby Bhd expects to see its industrial division driving growth in its financial year ending June 30, 2018 (FY18), outpacing…
KUALA LUMPUR (Feb 23): IOI Corp Bhd’s net profit in its second quarter ended Dec 31, 2017 (2QFY18) skyrocketed over 37 times to RM595.9 million…
KUALA LUMPUR (Feb 23): Felda Global Ventures Holdings Bhd’s (FGV) fourth quarter ended Dec 31, 2017 (4QFY17) net profit declined 31.9% to RM76.57 million, from…
The dollar continued to hold firm. EUR-USD extended lower for a fourth consecutive session, logging a four-session low of 1.2307, which extends the correction from the 38-month high seen on Friday at 1.2556. The day’s low was seen in the wake of the release of preliminary Eurozone February PMI survey data, which missed expectations and […]
The dollar has remained buoyant, led by gains in USD-JPY, whicih lifted for a fourth straight session in logging a four-session high of 107.90, extending the rebound from the 15-month low seen last Thursday at 105.54. EUR-JPY and other yen crosses are also firmer, though by a lesser magnitude than USD-JPY, as a broader bid […]
The dollar edged higher through the morning session in N.Y. on Wednesday, taking the DXY to six-session highs of 89.99. The greenback later moved lower on the FOMC minutes, as the Fed said a gradual approach to tightening remained appropriate, and as it sees few signs of broad wage growth increases (which got markets in […]
OVERVIEW GBP is trading at a disadvantage due to calls for gaining full regulatory autonomy after Brexit and the jobless rate rises. The Canadian Dollar continues to weaken as oil prices drop and the US Dollar resurges. The Euro is trading at a disadvantage against the US Dollar as the Purchasing Managers Indexes for both the […]
SHAH ALAM (Feb 22): Former Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim and two others today succeeded in dismissing an almost RM14 billion suit…
KUALA LUMPUR (Feb 22): National oil firm Petroliam Nasional Bhd (Petronas) has secured its maiden liquefied natural gas (LNG) supply agreement to India. In a statement…
KUALA LUMPUR (Feb 22): Malayan Banking Bhd (Maybank) foresees its number of debit transactions rising to 100 million, a 54% increase from 65 million last year. According…
KUALA LUMPUR (Feb 22): Many Malaysian manufacturers are taking longer than normal to collect debts, according to the latest survey conducted by the Federation of…
KUALA LUMPUR (Feb 22): Public Bank Bhd’s net profit grew by a marginal 0.18% to RM1.49 billion in the fourth quarter ended Dec 31, 2017…