Bitcoin fever exposes crypto-market frailties
LONDON/NEW YORK (Dec 14): As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under…
LONDON/NEW YORK (Dec 14): As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under…
KUALA LUMPUR (Dec 14): Despite the robust growth of the country’s economy, domestic-oriented businesses in Malaysia may still be dragged by local headwinds in 2018,…
KUALA LUMPUR (Dec 14): The FBM KLCI rose 21.34 points or 1.23%, lifted by banking stocks amid fund managers’ year-end window dressing. At 5pm, the KLCI…
SHANGHAI (Dec 14): Dalian Wanda Group Co denied allegations by a Chinese blogger that the conglomerate was facing a cash crunch and that its assets…
KUALA LUMPUR (Dec 14): The ringgit is likely to break below 4.0 against the US dollar next year, UBS Investment Bank said, supported by greater…
KUALA LUMPUR (Dec 14): Bank Negara Malaysia (BNM) issued an exposure draft for public consultation on the invocation of reporting obligations on digital currency exchange…
KUALA LUMPUR (Dec 14): VS Industry Bhd’s revenue for the first financial quarter ended Oct 31, 2017 (1QFY18) hit a record high of RM1.09 billion….
KUALA LUMPUR (Dec 14): The Employees Provident Fund (EPF) is taking a cautious stance on the global equity markets, including Malaysia’s in 2018, warning of…
KUALA LUMPUR (Dec 14): EA Holdings Bhd is diversifying into the packet food business by buying a 90% stake in Sunland Volonte Agency Sdn Bhd…
KUALA LUMPUR (Dec 14): Based on corporate announcements and news flow today, stocks in focus on Friday (Dec 15) may include: VS Industry Bhd, Eco…
The dollar rallied in N.Y. trade on Tuesday, as warmer U.S. PPI, and softer European data supported. In addition, the greenback was bid up into Wednesday’s FOMC meeting, where a 25 basis point rate hike is widely expected. Given a hike has been priced in, risk for the dollar appears to be a sell-the-fact sell-off. […]
OVERVIEW GBP rises after CPI hits a 6-year high. German ZEW survey hits fresh multi-year high US producer prices rise at a faster pace in November. US stock markets hit fresh record highs. HIGHLIGHT