The dollar has maintained a soft bias so far on the last day of trading for 2017. EUR-USD remained buoyant after logging a one-month high at 1.1959 yesterday, while USD-JPY eked out a seven-session low of 112.63. The greenback also logged fresh two-month highs versus the Australian, New Zealand and Canadian dollars, and a three-week […]
Looking forward to 2018, it appears the U.S. economy will continue on its path of modest to moderate growth. Two long-leading indicators – corporate profits and the BBB corporate bond yield – are signaling continued growth. Building permits – which, depending on who you ask, are either a long-leading or […]
FX trade was thin and choppy on the last trading day of the year, though the greenback remained in sell-mode into 2018. EUR-USD topped at new three-month highs of 1.2013, up from 1.1983 lows, while USD-JPY traded near 112.50 before pooping to 112.67 highs into the London close. USD-CAD printed fresh two-month lows of 1.2526, […]
KUALA LUMPUR (Dec 29): AirAsia Bhd group chief executive Tan Sri Tony Fernandes today reiterated the low-cost carrier’s plan to combine all its airline businesses…
KUALA LUMPUR (Dec 29): Public Bank Bhd’s unit trust arm Public Mutual Bhd has declared distributions amounting to more than RM99 million for 11 funds…
KUALA LUMPUR (Dec 29): Hengyuan Refining Co Bhd dipped as much as RM2.02 or 11% after analysts said investors were expected to take profit following…
KUALA LUMPUR (Dec 29): The FBM KLCI gained 17.71 points or 1% after an 11th-hour share price spike in index-linked KLCCP Stapled Group and Sime Darby…
KUALA LUMPUR (Dec 29): MMC Corp Bhd is the latest to be slapped by the Inland Revenue Board (IRB) with RM45.91 million in additional income…
KUALA LUMPUR (Dec 29): Entrepreneur Datuk Fakhri Yassin Mahiaddin will relinquish his board position as non-independent and non-executive director of Eden Inc Bhd on Dec…
KUALA LUMPUR (Dec 29): The Malaysia Competition Commission (MyCC) today shed light to the reasoning behind the penalty imposed on MY E.G. Services Bhd (MyEG)…
KUALA LUMPUR (Dec 29): There are now two group chief executive officers in Air Asia X Bhd (AAX). The low-cost long-haul carrier today announced that…
KUALA LUMPUR (Dec 29): Year-end window dressing lifted some big-cap stocks, like S P Setia Bhd, Capitaland Malaysia Mall Trust and Sunway Real Estate Investment…