Tag Archives: Technical Analysis

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd’s recently-incorporated unit Press Metal (Labuan) Ltd plans to issue US-dollar denominated senior notes of up to US$400mil (RM1.7bil).

KUALA LUMPUR: Prestar Resources Bhd is undertaking an internal reorganisation which has seen the reshuffling of the Toh family members’ ownership in the steel-related product maker.

KUALA LUMPUR: Mitrajaya Holdings Bhd targets to raise up to RM107.09mil through a rights issue, virtually all of which will be used to repay its bank borrowings.

KUALA LUMPUR: The negligence by top-level executives, information technology administrators, employees and other authorised personnel that have access to sensitive and confidential data had contributed to numbers of data leakages case reported in South-East Asia recently.

KUALA LUMPUR: Xin Hwa Holdings Bhd’s unit, Xin Hwa Trading & Transport Sdn Bhd, has secured RM13.7mil worth of contracts relating to the construction of the Mass Rapid Transit Route 2 (Sungai Buloh-Serdang-Putrajaya).

NEW YORK: A surge in technology stocks sent the S&P 500 and the Nasdaq to record highs on Friday, but the gains were kept in check by a drop in banks as Wells Fargo missed revenue estimates for a fourth straight quarter.

NEW YORK: Shares of US steelmakers jumped on Friday after Japan’s Kobe Steel Ltd said the firm’s data cheating may have spread beyond the country to affect about 500 companies, sparking global supply chain concerns.

HONG KONG: Hong Kong’s securities regulator has dropped a lawsuit against Standard Chartered Plc and UBS Group AG over the 2009 IPO of timber company China Forestry Holdings Co Ltd, two people with knowledge of the matter said.

The dollar has retained a soft tone, settling in the lower 112s versus the yen, near the week’s low at 111.99 (which was seen on Tuesday), edging near nine-day lows versus sterling and logging a new nine-day low in the case against the Australian dollar, and drifting back some against the euro. EUR-USD lifted to […]

The dollar perked up in morning trade in N.Y. on Thursday, aided by a warmer U.S. PPI outcome. As the session progressed however, the greenback fell back, leaving the DXY at 92.97 lows after opening at 93.05, and peaking at 93.22. EUR-USD based at 1.1829 after the data, before making its way to 1.1850 highs […]

EUR-USD lifted to the 1.1850 area on a Bloomberg report that the ECB is considering halving asset purchases next year, although with a longer than hitherto expected nine-month extension to the program, which has had an offsetting influence on forex markets. Attention today will be on U.S. CPI data, as benign data would fit concerns […]

KUALA LUMPUR (Oct 13): Macquarie analyst Anand Pathmakanthan downgraded the recommendation on IHH Healthcare Bhd to neutral from outperform. Pathmakanthan lowered the target price to RM6.10…