MAHB to sell its entire stake in India's GHIAL for RM295m
KUALA LUMPUR (Feb 2): Malaysia Airports Holdings Bhd (MAHB) is selling its entire stake in GMR Hyderabad International Airport Ltd (GHIAL) to India’s GMR Airports…
KUALA LUMPUR (Feb 2): Malaysia Airports Holdings Bhd (MAHB) is selling its entire stake in GMR Hyderabad International Airport Ltd (GHIAL) to India’s GMR Airports…
KUALA LUMPUR (Feb 2): The current strict regulations in the banking industry is not creating a conducive environment for banks to be creative or innovative…
KUALA LUMPUR (Feb 2): Based on corporate announcements and newsflow today, companies in the spotlight next Monday (Feb 5) could include Malaysia Airports Holdings Bhd,…
KUALA LUMPUR (Feb 2): Naza TTDI Sdn Bhd, the property arm of Naza Group, achieved sales of RM815 million last year – its best performance…
(Feb 3): Wall Street extended losses on Friday after a round of weak earnings and on the back of robust payrolls data that sent bond…
KUALA LUMPUR (Feb 3): Westports Holdings Bhd is evaluating the possibility of expanding the use of automation to increase the port operator’s efficiency, group managing…
NEW YORK (Feb 3): Oil prices fell on Friday as the dollar surged following strong U.S. jobs numbers, though compliance with output cuts by OPEC…
KUALA LUMPUR (Feb 3): Petaling Jaya Utara MP Tony Pua had today queried 1Malaysia Development Bhd (1MDB) on the status of the company’s money and…
The has dollar has traded firmer in the wake of yesterday’s FOMC announcement, which brought the expected no-change decision in policy settings but was accompanied by upgrades in the Fed’s growth and inflation projections. The narrow trade-weighted USD index (DXY) is up 0.6% from four-session yesterday’s low at 88.78, logging a high of 89.31. EUR-USD […]
The yen and Australian dollar came under pressure, while the dollar traded steady-to-softer versus most other currencies. USD-JPY has forayed to a one-week high of 109.75, extending the recovery from last week’s four-month low at 108.28. Yen crosses also gain, with EUR-JPY, for instance, up by 0.7% in the early London PM session. The rekindling […]
The dollar was dented by a weak productivity print, though did not recover in the aftermath of a good manufacturing ISM and solid construction spending. EUR-USD bottomed at 1.2343, before rallying to 1.2498 highs. USD-JPY trade to 109.24 lows, though found some support as Wall Street recovered. USD-CAD dipped to 1.2268 on firmer oil prices […]
HONG KONG/LOS ANGELES (Feb 2): If a billionaire from Malaysia has his way, Asian tourists will soon be flocking to the Borscht Belt region in…