Tag Archives: Technical Analysis

KUALA LUMPUR: The FBM KLCI closed at a fresh six-month low on Friday on late foreign selling of Genting Bhd and Maybank despite a slightly firmer broader market.

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) refutes a news report’s claim of a 60% car loan rejection rate, saying the approval rate in the first nine months of the year remained the same as last year’s, at 68%.

LONDON: The value of corporate deals with sovereign wealth fund (SWF) participation halved in the third quarter as oil-driven funds continued to take a back seat.

BEIJING: China’s outstanding household consumer loans surged nearly 30% by end September from a year earlier, data showed on Friday, a day after its central bank governor issued a strong warning about the risks of rapidly rising debt.

NEW YORK: US stocks inched higher on Friday as bank stocks rose and tech stocks recovered, with investor optimism back as Trump administration cleared a hurdle to lower taxes.

KUALA LUMPUR: The Malay Chamber of Commerce Malaysia (MCCM) hopes the Government will review the proposed increase in penalty rate to 100% for tax evasion and inaccurate tax reporting among taxpayers.

KUALA LUMPUR: A home-grown talent, Captain Izham Ismail, has been appointed to helm Malaysia Airlines Bhd (MAB) after two non-Malaysians failed to complete their contract period as group chief executive officer (GCEO) of the national carrier.

KUALA LUMPUR: SCH Group Bhd has aborted its plan to diversify into the downstream quarry operation by selling deposits from three flood mitigation ponds in Kuala Lumpur.

PETALING JAYA: Syarikat Takaful Malaysia Bhd (STMB) posted an 8% jump in net profit to RM48.57mil in the third quarter ended Sept 30, from RM44.86mil a year ago, driven by its general takaful business.

KUALA LUMPUR: Icon Offshore Bhd announced that its managing director Amir Hamzah Azizan will step down on Nov 30 “to pursue other opportunities.”

The dollar faded in early N.Y. trade on Thursday, despite slower than expected jobless claims and a better than forecast Philly Fed index. Risk-off conditions prevailed, which soured USD sentiment to a degree. Trading ranges overall were relatively narrow however. EUR-USD based at 1.1828 early on, before topping at 1.1858 in late morning trade. USD-JPY […]

The dollar has rallied across the board, up 0.3% versus the euro and by 0.6% against the yen, following news that the U.S. Senate had passed a budget blueprint that will help push forward the Republican party’s planned $1.5 tln tax cut. The news came after the close of Wall Street, and sparked a rally […]