Ideas' policy paper on GLCs 'misleading', says Abdul Wahid
KUALA LUMPUR (Dec 22): Tan Sri Abdul Wahid Omar has termed a recent policy paper by the Institute for Democracy and Economic Affairs (Ideas), which…
KUALA LUMPUR (Dec 22): Tan Sri Abdul Wahid Omar has termed a recent policy paper by the Institute for Democracy and Economic Affairs (Ideas), which…
KUALA LUMPUR (Dec 22): Knusford Bhd, which counts businessman Tan Sri Lim Kang Hoo as a major shareholder, announced today that its US$166 million (RM677…
KUALA LUMPUR (Dec 22): Ahead of the long Christmas weekend break, the FBM KLCI rose 0.52%, tracking regional markets amid shared optimism over the US…
KUALA LUMPUR (Dec 22): Affin Hwang Investment Bank Bhd maintained its buy call for Aeon Credit Service (M) Bhd shares with an unchanged target price…
KUALA LUMPUR (Dec 22): After a string of major corporate exercises to unlock value this year, Permodalan Nasional Bhd (PNB) is looking at improving fundamental…
KUALA LUMPUR (Dec 22): Based on corporate announcements and news flow today, companies that may be in focus next Tuesday (Dec 26) may include: Paramount,…
The dollar index fell to 12-session lows of 93.17 during the N.Y. session on Tuesday, before recovering marginally over 93.25 into the close. The greenback got little juice from the U.S. House passage of the tax reform bill, barely reacting to the news. EUR-USD topped at three-week highs of 1.1902, while USD-JPY remained relatively supported, […]
The dollar saw little impact from the tax bill votes, which passed in both the House of Reps and the Senate (which took place just earlier in the case of the latter, in the early hours of Wednesday on Capitol Hill). The House will re-vote later today due to procedural irregularities in the vote yesterday, […]
The dollar majors have posted narrow ranges, though USD-JPY still managed to eke out a nine-day high of 113.63, which caps a third straight day of gains. The BoJ left policy unchanged at its final policy meeting of the year, noting that the economy will continue its “moderate expansion,” but signalling that it was in […]
The dollar index pulled back from the 93.50 level at the N.Y. open, to a base of 93.26, in relatively light trade. In coming U.S. data weighed on the greenback to an extent, as Q3 GDP was revised slightly lower, and jobless claims rose more than expected. EUR-USD chopped around inside of 1.1850-80, while USD-JPY […]
TELUK INTAN (Dec 21): Teluk Intan Member of Parliament Datuk Seri Mah Siew Keong said he hopes to contest for the same seat and will…
KUALA LUMPUR (Dec 21): AIA Group Ltd and Public Bank Bhd have extended their exclusive regional bancassurance partnership by 15 years to 2037. AIA said this…