At the outset of every year I lay out a forecast for each half. My method of forecasting is pretty simple — in fact so simple, I call it the K.I.S.S. method. Even though the Index of Leading Indicators is the statistic most denigrated by Wall Street forecasters, it has the inconvenient habit of being […]
OVERVIEW Growth in US private payrolls exceeds expectations. Fed minutes show uncertainty about tax cut impact on the economy. UK service sector picks up in December. Eurozone PMIs confirm growth still firming. Global stock markets hit fresh record highs, oil prices reach $68 a barrel. HIGHLIGHT
The FX market was relatively quiet in N.Y. on Thursday, with major dollar pairings maintaining narrow ranges throughout. The DXY remained under the 92.00 mark, though stayed above Tuesday’s three-plus month low of 91.75. A strong ADP jobs report provided some support to the greenback, though there was little follow through seen, especially with the […]
KUALA LUMPUR (Jan 4): Axiata Group Bhd, Malaysia’s biggest wireless carrier, is considering an initial public offering of its tower unit that could raise at…
PUTRAJAYA (Jan 4): Former Felda chairman, Tan Sri Mohd Isa Abdul Samad, was at Bukit Aman federal police headquarters this morning to have his statement…
KUANTAN (Jan 4): The floods in Pahang have worsened, sending 8,800 people to evacuation centres as of 2 pm, up from 7,309 this morning. They are…
KUALA LUMPUR (Jan 4): Top Glove Corp Bhd, Hartalega Holdings Bhd and Kossan Rubber Industries shares rose with the broader market as Malaysian glove manufacturers’…
KUALA LUMPUR (Jan 4): Any policy mishap that could derail the government’s efforts to alleviate economic imbalances such as fiscal deficits, government indebtedness and a…
KUALA LUMPUR (Jan 4): The FBM KLCI rose 10.66 points or 0.6% to close at its intraday high as anticipation of Malaysia’s 14th general election…
KUALA LUMPUR (Jan 4): Scomi Group Bhd’s three-way merger proposal fell through after shareholders of its energy unit, Scomi Energy Services Bhd, rejected the offer…
KUALA LUMPUR (Jan 4): An external audit firm has been appointed by the Prime Minister’s Department to conduct a forensic audit on the Kuala Lumpur…
KUALA LUMPUR (Jan 4): Based on corporate announcements and news flow today, companies in focus on Friday (Jan 5) may include Brahim’s, 7-Eleven, Fima, Comintel,…