FBM KLCI gain eyed as ringgit weakens
KUALA LUMPUR (Jan 30): Investors may today evaluate the sustainability of the FBM KLCI’s gain after the index rose 16.6 points to close at its…
KUALA LUMPUR (Jan 30): Investors may today evaluate the sustainability of the FBM KLCI’s gain after the index rose 16.6 points to close at its…
KUALA LUMPUR (Jan 30): The ringgit opened lower against the US dollar today and on the back of mild profit taking and subdued global crude…
KUALA LUMPUR (Jan 30): The FBM KLCI fell today after US stocks dropped overnight on Monday as US bond yields climbed. Malaysian shares fell amid…
KUALA LUMPUR (Jan 30): SP Setia Bhd said it has fixed the issue price for its 325 million new placement shares at RM3.07 each to…
Since the beginning of the year, all three major global trading groups (the IMF, the World Bank and the OCED) have observed that the global economy is in its best shape since. Not to be outdone, the NY Times recently made the same observation in a piece titled, “It’s […]
The U.S. is currently hitting on all cylinders. Friday’s GDP report showed consistently modest growth. The Conference Board’s leading indicators point towards continued expansion, as do 1-unit building permits and the 4-week moving average of initial unemployment claims. All of the coincidental numbers are also rising. While housing is […]
What part of the curve is the primary culprit in a yield curve contraction? History shows it’s usually the short-end:
KUALA LUMPUR (Jan 29): Japan is eyeing three local universities as partners to set up a training centre in Malaysia to produce skilled manpower if…
KUALA LUMPUR (Jan 29): Malaysia has criticised the federal opposition alliance’s meeting with senior EU ambassadors last week and its call for foreign intervention in…
KUALA LUMPUR (Jan 29): The Malaysian stock market may today take its cue from FBM KLCI-linked Tenaga Nasional Bhd after the state-controlled utility reported higher…
KUALA LUMPUR (Jan 29): Maybank will be revising upwards its base rate (BR) to 3.25 per cent per annum from three per cent per annum…
STOCKHOLM (Jan 29): Ingvar Kamprad, whose boyhood business of selling pencils and seeds from his bicycle in Sweden eventually grew into the Ikea furniture chain,…