The dollar has remained buoyant. USD-JPY rallied to a four-session peak at 112.54, more than reversing the declines of late last week when markets were fretting about the escalation in the war in words between Trump and Kim. Remarks yesterday from Fed’s Yellen, that the central bank “should be wary of moving too gradually,” along […]
KUALA LUMPUR (Sept 27): My EG Services Bhd’s (MyEG) GST monitoring (GSM) project’s Phase 1 nationwide launch is taking longer than expected and the target…
KUALA LUMPUR (Sept 27): Ringgit drops to three-week low as U.S. President Donald Trump’s tax overhaul plan boosts the dollar across the region. * USD/MYR gains…
KUALA LUMPUR (Sept 27): Standard Chartered Global Research (StanChart) expects Malaysia’s gross domestic product (GDP) to rebound to 5.4% in 2017, from 4.2% in 2016. “We…
CLEVELAND (Sept 26): The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said…
KUALA LUMPUR (Sept 27): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed three with positive momentum and four with negative momentum. Stocks with positive momentum were: Carimin Petroleum Bhd…
KUALA LUMPUR (Sept 27): Palm oil for Dec. delivery drops as much as 1.1% to RM2,718/ton on Bursa Malaysia Derivatives before trading at RM2,730 by…
KUALA LUMPUR (Sept 27): MESB Bhd is expanding its product dealerships to include baby clothing and accessories to improve earnings. MESB’s existing dealerships include leather…
KUALA LUMPUR (Sept 27): Glomac Bhd plans to launch RM810 million worth of property projects in its current financial year ending April 30, 2018 (FY18)…
KUALA LUMPUR (Sept 27): Sapura Energy Bhd reported a 74% drop in second quarter net profit at RM28.93 million from a year earlier, as the…
KUALA LUMPUR (Sept 27): Shareholders of Goh Ban Huat Bhd have received a mandatory takeover offer from Paragon Adventure Sdn Bhd (PASB) at RM1.40 per…
MANILA: Developing Asia is on track to grow faster this year and next, the Asian Development Bank said on Tuesday, buoyed by a pick-up in world trade and China’s expansion, but it flagged risks from tightening US monetary policy.