Advancecon, AirAsia, Eden, MMC and MyEG
KUALA LUMPUR (Dec 29): Based on corporate announcements and news flow today, stocks in focus on Tuesday (Jan 2) may include: Advancecon, AirAsia, Eden Inc,…
KUALA LUMPUR (Dec 29): Based on corporate announcements and news flow today, stocks in focus on Tuesday (Jan 2) may include: Advancecon, AirAsia, Eden Inc,…
The dollar was broadly weaker in N.Y. trade on Thursday, with year-end flows weighing. This said, trading ranges were narrow, and volumes light. A wider than expected advance goods trade deficit, higher than forecast jobless claims print and a better Chicago PMI outcome had little impact. EUR-USD topped at a one-month high of 1.1959, while […]
It’s the end of the year and so in this, my last post of the year (except for Weekly Indicators), let’s take a look back at the forecast for 2017 I made one year ago, and mark it to market.
The dollar posted fresh lows versus a number of currencies. The outperformers were commodity currencies. EUR-USD clocked a one-month high at 1.1946 before settling around 1.1930. USD-JPY saw a six-session low at 112.66 before recouping toward the 113.00 level. AUD-USD posted a new high for the fifth straight session, logging a two-month peak of 0.7809. […]
The dollar has continued on a softening track, concomitantly with the sharp drop in Treasury yields. This drove EUR-USD to a four-week high of 1.1935 and USD-JPY to a six-session low of 112.66. The dollar has also posted two-week lows versus the pound and two-month lows against both the Australian and Canadian dollars. All of […]
State-owned 1Malaysia Development Berhad (1MDB) has made the final settlement of US$602.7 million (S$808 million) in debt obligations to Abu Dhabi’s International Petroleum Investment Company…
KUALA LUMPUR (Dec 28): Kimlun Corp Bhd is buying two freehold tracts in Johor from Mah Sing Group Bhd for RM36.08 million. Kimlun said it…
PETALING JAYA (Dec 28): The Selangor government has rebutted claims that high property taxes in the state have driven up the cost of living after…
KUALA LUMPUR (Dec 28): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, posted its second straight quarterly loss today, mainly due to…
KUALA LUMPUR (Dec 28): The FBM KLCI added 7.34 points or 0.4% buoyed by buying interest in index-linked stocks including Tenaga Nasional Bhd and Hong…
PUTRAJAYA (Dec 28): Malaysia’s household debt has declined as a percentage of Gross Domestic Product (GDP) and was at 84.6% as of September 2017 from…
KUALA LUMPUR (Dec 28): Ranhill Holdings Bhd is confident that its subsidiary SAJ Ranhill Sdn Bhd will continue to deliver a strong performance in the…