Tag Archives: Technical Analysis

KUALA LUMPUR: WCT Holdings Bhd, which raised RM178mil earlier this year by placing out its shares, proposed a new placement exercise on Monday to raise as much as RM242.2mil more.

KUALA LUMPUR: Blue chips closed lower on Monday as investors were unfazed by the recent strong economic data, a rally in crude oil prices and a firmer ringgit.

BEIJING: China’s capital unveiled the “shining example” of its 80 billion yuan (RM51.19bil) new airport on Monday, tipped to become one of the world’s largest when it opens in October 2019 amid a massive infrastructure drive overseen by President Xi Jinping.

LONDON: Mercedes-Benz is recalling 400,000 UK cars owing to a fault that may deploy an airbag by error, the company said on Monday.

NEW YORK: Major Wall Street indexes hit fresh records at the open on Monday on gains in financial and technology stocks even as investors awaited a barrage of earnings reports this week.

KUALA LUMPUR: Datuk Tan Say Jim, Iris Corp Bhd co-founder, group managing director and chief executive officer (CEO), has resigned, making way for Shaiful Zahrin Subhan to take over the helm as new group CEO.

KUALA LUMPUR: The Home Affairs Ministry has appointed My EG Services Bhd (MyEG) to undertake the voluntary repatriation of illegal foreign workers for the Immigration Department.

KUALA LUMPUR: The Ministry of International Trade and Industry (Miti) hopes the Qatari government will reconsider its plans to build the Harrods Hotel in the capital after cancelling the project in 2015.

The dollar traded mostly firmer today, which follows losses on Friday in the wake of the sub-forecast U.S. data and, before that, about a week long period of declines. EUR-USD logged a four-session low at 1.1790, driven in part by dollar firmness and in part by euro weakness, as the common currency eked lower versus […]

The dollar traded mixed, posting gains versus a generally softer euro, and against the Canadian and other dollar bloc currencies, but traded slightly lower versus the yen and sterling. The euro came under broader pressure, although managed to lift out of its lows. EUR-USD posted a four-session low at 1.1780, and EUR-JPY logged a one-month […]

KUALA LUMPUR (Oct 16): Malaysia’s government spending could revive gains in the stock market that is Southeast Asia’s worst performer despite receiving the most foreign…

WASHINGTON (Oct 16): The U.S economy remains strong and the strength of the labor market calls for continued gradual increases in interest rates despite subdued…