Malaysian ringgit looking beyond 3.0 to Singapore dollar
SINGAPORE (Jan 5): The prospect of higher Malaysian interest rates, a healthy spread over SGD rates and rising palm oil are all set to keep…
Tag Archives: Technical Analysis
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Uber co-founder Kalanick is said to plan sale of 29% of stake
SAN FRANCISCO (Jan 5): Former Uber Technologies Inc Chief Executive Officer Travis Kalanick, who has long boasted that he’s never sold any shares in the…
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BNM int'l reserves up 0.2% to US$102.4b as at Dec 29
KUALA LUMPUR (Jan 5): Bank Negara Malaysia (BNM)’s international reserves grew 0.2% to US$102.4 billion as at Dec 29, 2017 — from US$102.2 billion as…
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Nomura: Malaysia election seen between March and May 2018
KUALA LUMPUR (Jan 5): Nomura said it expects Malaysia’s general election to be held between March and May, 2018 and the nation’s fiscal policy to…
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Malaysia gears up for election as Najib targets 'fake news'
KUALA LUMPUR (Jan 5): Malaysia’s political parties are gearing up for an election within months, with the ruling party launching a portal aimed at combating…
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KLCI gains 14.52 points as election, stronger ringgit drive sentiment
KUALA LUMPUR (Jan 5): The FBM KLCI closed 14.52 points or 0.8% higher as anticipation of Malaysia’s 14th general election (GE14) in 2018 and a…
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Scomi Group's merger to proceed with engineering unit
KUALA LUMPUR (Jan 5): Scomi Group Bhd’s three-way-turned-two merger will now proceed with its engineering unit, after shareholders of Scomi Engineering Bhd agreed to the…
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MAHB now sees Turkish airport's turnaround in 2018
KUALA LUMPUR (Jan 5): Malaysia Airports Holdings Bhd (MAHB) expects its loss-making Istanbul Sabiha Gocken International Airport (ISGA) in Turkey to turn around in the…
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Demand for Malaysian palm oil set to rise following export tax suspension
KUALA LUMPUR (Jan 5): Malaysia could see rising demand for palm oil from key overseas buyers in the coming weeks, following its decision to suspend…
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MCT, Scomi Group, Scomi Engineering, Scomi Energy, MGB, MyEG, AMMB, Eduspec, Konsortium Transnasional, Tan Chong and MAHB
KUALA LUMPUR (Jan 5): Based on corporate announcements and news flow today, companies in focus on Monday (Jan 8) may include: MCT, Scomi Group, Scomi…
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XE Market Analysis: Europe – Jan 04, 2018
The dollar has settled off the highs it saw in the wake of the FOMC minutes release yesterday, which showed members to be contemplating the impact of the tax cut, which was seen as having scope to raise consumption and capex. USD-JPY gave back of half of its post-FOMC minutes gains in declining to around […]
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XE Market Analysis: North America – Jan 04, 2018
The dollar whittled away gains seen yesterday following the release of the FOMC minutes. EUR-USD recovered above 1.2050, over 50 pips up on the post-minutes low, while USD-JPY settled to a choppy range around 112.50 after logging a high in early Tokyo trading at 112.77. The narrow USD index (DXY), at 91.94, was showing a […]