Tag Archives: Technical Analysis

KUALA LUMPUR (Oct 24): UEM Sunrise Bhd expects Phase 3 of its Southern Industrial and Logistics Clusters (SILC) industrial park in Iskandar Puteri, Johor, to…

TOKYO: Kobe Steel Ltd is considering withdrawing its earnings forecast for this fiscal year as it struggles to quantify the impact of its data falsification scandal, Kyodo reported on Monday.

KUALA LUMPUR: Foreign holdings of Malaysian bonds rose 4.9% to RM200.1bil, its highest level in seven months, in September, indicating that foreign investors’ confidence may have returned.

MALAYSIA has a problem with debt. Government debt is about 53% of gross domestic product (GDP), just below the already increased 55% debt-to-GDP ratio threshold. The big jump in such government debt from 41% in 2008 to 53% in 2009 followed the last change of prime ministers.

KUALA LUMPUR: Blue chips gave nearly most of their early gains to end Monday slightly higher, aided by Petronas Gas and telcos while the ringgit fell against several key currencies.

SINGAPORE: Singapore, one of the world’s most expensive places to own a vehicle, will not allow any growth in its car population from February, citing the small city-state’s land scarcity and billions of dollars in planned public transport investments.

KUALA LUMPUR: British American Tobacco (Malaysia) Bhd (BAT) earnings fell 32.6% year-on-year to RM143.18mil on the back of 18.7% lower revenue of RM757.28mil.

KUALA LUMPUR: TRIplc Bhd’s unit TRIplc Medical Sdn Bhd (TMSB) is raising gross proceeds of RM666mil by issuing senior and junior sukuk murabahah to part finance the financing and construction costs of the teaching hospital and medical academic centre at Universiti Teknologi Mara (UiTM) Puncak Alam campus in Selangor.

KUALA LUMPUR: Sedania Innovator Bhd (SIB) expects to raise up to RM7.52mil through a private placement, which will mainly be used to develop remote terminal units for the Malaysian Fire and Rescue Department and expand its green technology (green tech) solutions business.

KUALA LUMPUR: Denko Industrial Corp Bhd executive chairman and controlling shareholder Datuk Seri Foo Chee Juan plans to inject his privately-owned plastic injection moulding firm into Denko for an indicative price of RM1.19bil.

NEW YORK: US stocks gave up early gains in late morning trading on Monday, with losses in GE and technology shares weighing on the Wall Street indexes.

The dollar has traded mixed in early-week trading so far, gaining on the euro and yen, but losing ground to sterling, the Canadian dollar and other dollar bloc currencies. The yen weakened in the wake of Japan’s election, which returned Abe as prime minister with a resounding mandate for a continuation of ‘Abenomic’ policies, which […]