BENGALURU (March 7): Most emerging Asian currencies edged higher on Tuesday, as the dollar's rally lost steam after the market priced in the high likelihood of a U.S. Federal Reserve interest rate hike next week.

With a hike already factored in, the dollar needed fresh catalysts to stre...

Most Asian currencies edge up as dollar awaits fresh catalysts

BENGALURU (March 8): Most Asian currencies inched higher on Wednesday, as the dollar struggled to gain traction ahead of U.S. jobs data due later in the week.

The Singapore dollar and Taiwan dollar eked out gains, supported by strength in their equity markets.

The Indonesian r...

Asian currencies firmer as investors await U.S. jobs data for cues

BENGALURU (March 9): Emerging Asian currencies fell as U.S Treasury yields spiked, narrowing the gap with Asian bond yields, after a surge in U.S. private-sector jobs in February reinforced expectations of a Federal Reserve interest rate hike next week.

The South Korean won was the bigg...

Asian currencies fall as US yields rise on private payroll report

BENGALURU (March 10): Asian currencies wobbled on Friday, as investors awaited U.S job data later in the session which could set the tone for a rate hike next week and more this year.

The South Korean won rose slightly after a Constitutional Court upheld a parliamentary impeachment vote...

Asian currencies wary ahead of US job data

SINGAPORE (March 13): Asian currencies edged higher on Monday as the dollar lost some of its shine, as weak U.S. wage growth tempered expectations for a spate of interest rate increases.

The moves in Asian currencies were cautious, however, ahead of a U.S. Federal Reserve meeting on Mar...

Asian currencies gain some respite, focus on pace of Fed rate rises

SINGAPORE (March 14): The Indian rupee hit an 11-month high and outperformed other Asian currencies on Tuesday, after Prime Minister Narendra Modi's landslide victory in a key battle ground state bolstered hopes for more reforms.

The victory by Modi's ruling Bharatiya Janata Party in In...

Rupee gains after ruling party election win; Most Asia FX steady

(March 15): Asian currencies were largely flat on Wednesday, as investors  nervously awaited an expected U.S. interest rate hike later in the day and hoped for more clues on the pace of future tightening.

Beside the expected announcement of a quarter-point rate rise (1800 GMT), the...

Asian currencies cautious ahead of Federal Reserve data

Bursa Malaysia was marginally lower at midday on Wednesday, weighed down by continuous selling across the board on a lack of fresh catalysts.

KLCI little changed at midday

China’s 5Y Capital is on track to surpass its target of raising US$700 million (RM3.25 billion) for a closely watched venture fund, in a sign that investors are regaining confidence in the world’s biggest internet arena.

Early Xiaomi backer to surpass funding goal in major China test

BENGALURU (Nov 29): Most emerging Asian currencies hit multi-month highs on Wednesday, with the Taiwan dollar and Malaysian ringgit leading the pack, as the US dollar slid to a more than three-month low on increasingly dovish commentary from the Federal Reserve, while investors also awaited a Thai central bank decision on rates.

Most Asian FX boosted by increasingly dovish comments; Thai decision eyed

KUALA LUMPUR (Nov 29): Despite 95% of Malaysian companies setting sustainability goals or targets, only half (49%) have put into practice a comprehensive sustainability strategy, as revealed by the 2023 Schneider Electric Sustainability Survey released on Tuesday (Nov 28).

Sustainability survey: 46% gap between companies’ sustainability aspirations and actions

The Sessions Court here has denied former prime minister Tan Sri Muhyiddin Yassin’s bid to have his passport returned to him permanently and unconditionally.

Muhyiddin fails to get permanent release of passport but secures temporary release

New Zealand’s central bank kept interest rates unchanged for a fourth straight meeting, but signalled there’s an increased risk it could hike again next year. The local dollar jumped.

New Zealand keeps rates unchanged, forecasts risk of hike

KUALA LUMPUR (Nov 29): Kepong Member of Parliament (MP) Lim Lip Eng has been granted a stay of execution over the RM2 million judgement in a defamation suit brought against him by MonSpace (M) Sdn Bhd and its founder Datuk Seri Jessy Lai.

Kepong MP gets stay on RM2 mil libel award in MonSpace defamation suit until disposal of appeal

Japanese mobile operator NTT Docomo Inc has joined a consortium led by Mitsui & Co in the bidding for a majority stake in the tower unit of Malaysia’s biggest wireless firm Axiata Group Bhd, according to people with knowledge of the matter.

Japan’s NTT Docomo joins Mitsui-led group in Edotco bidding, sources say

KUALA LUMPUR (Nov 29): The Malaysian corporate sector sustained its recovery momentum in 2023, a continuity from 2022, driven by a number of initiatives and efforts by the government to boost the economy.

Corporate sector on solid recovery in 2023, M&A gains momentum

DAP veteran Tan Sri Lim Kit Siang, the party's national chairman Lim Guan Eng, and Seputeh Member of Parliament Teresa Kok have filed separate defamation suits against Kepala Batas MP Dr Siti Mastura Muhammad in the Georgetown High Court.

Three DAP leaders file defamation suits against Kepala Batas MP

Charlie Munger, who quit a law career to become Warren Buffett's trusted confidant and longtime second-in-command at Berkshire Hathaway, died on Tuesday morning. He was 99.

Charlie Munger, who was Warren Buffett's right-hand man, dies at 99

In 2022, the number of graduates in Malaysia rose 5.1% to 5.92 million, while the graduate’s unemployment rate declined 3.7%, according to data released by the Department of Statistics Malaysia in its Graduate Statistics 2022 report.

Rise in number of graduates, drop in number of those unemployed

MSCI's&nbsp;global&nbsp;stock index advanced on Tuesday, while the dollar fell as a Federal Reserve (Fed) official signalled that the US&nbsp;central bank is done raising rates, and could even consider rate cuts if inflation keeps easing.

Stocks rise as dollar falls, gold rallies on Fed commentary

Analysts remain positive on KPJ Healthcare Bhd’s growth trajectory, and said they favour the medical group’s strategy to further grow its medical tourism business.

Analysts stay positive on KPJ’s growth trajectory

The ringgit continued its upward momentum to open higher against the US dollar on Wednesday, as US Treasury yields and dollar indices dropped to their lowest in months, said an analyst.

Ringgit continues uptrend against US dollar

Analysts have upgraded their ratings on Farm Fresh Bhd (FFB), as they expect the dairy producer’s sequential earnings to improve further.

Analysts upgrade Farm Fresh ratings on expected improvement in sequential earnings

DAP veteran Tan Sri Lim Kit Siang, the party's national chairman Lim Guan Eng, and Seputeh Member of Parliament Teresa Kok have filed separate defamation suits against Kepala Batas MP Dr Siti Mastura Muhammad in the Georgetown High Court.

The search and rescue (SAR) operation continued on Wednesday morning for four victims feared to be still buried in the rubble of a logistic warehouse under construction that collapsed&nbsp;in Batu Maung, Bayan Lepas here&nbsp;on Tuesday&nbsp;night.

Search and rescue operation continues after Bayan Lepas warehouse collapse

Japanese mobile operator NTT Docomo Inc&nbsp;has joined a consortium led by Mitsui &amp; Co&nbsp;in the bidding for a majority stake in the tower unit of Malaysia’s biggest wireless firm Axiata Group Bhd, according to people with knowledge of the matter.

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, The Wall Street Journal&nbsp;(WSJ) reported on Tuesday.

Apple to end credit card partnership with Goldman Sachs — WSJ

KUALA LUMPUR (Nov 29): Prolonged weakness in the ringgit and a surge in petrol and diesel prices may risk Malaysia’s producer price index (PPI) and consumer price index (CPI) in 2024, despite analysts foreseeing low inflationary pressure to persist at least until the first half of 2024 (1HCY2024), said MIDF Research in a note on Wednesday.

MIDF Research: Prolonged weakness in ringgit and surge in petrol and diesel prices may risk Malaysia’s PPI and CPI in 2024

Analysts maintained their recommendations on Press Metal Aluminium Holdings Bhd, despite the integrated aluminium producer’s earnings for the third quarter ended Sept 30, 2023 (3QFY2023) missing market consensus forecasts, with expectations that aluminium prices will remain subdued.

Press Metal's 3Q results miss market expectations; aluminium prices to remain subdued

Hong Leong Investment Bank (HLIB) Research has downgraded Bank Islam Malaysia Bhd (BIMB) to “hold” at RM2.24, with an unchanged target price (TP) of RM2.35, and said BIMB’s profit for the third quarter ended Sept 30, 2023 (3QFY2023) decreased 2% year-on-year due to a negative Jaws ratio (from higher operating expenditure), along with larger financing loss provision.

HLIB downgrades Bank Islam to 'hold', keeps target price at RM2.35

Bursa Malaysia opened on a positive note&nbsp;on Wednesday,&nbsp;taking its cues from the US equity markets overnight, a dealer said.

Bursa opens higher in early trade

KUALA LUMPUR (Nov 29): Kepong Member of Parliament (MP) Lim Lip Eng has been granted a stay of execution over the RM2 million judgement in a defamation suit brought against him by MonSpace (M) Sdn Bhd and its founder Datuk Seri Jessy Lai.

The dollar fell broadly on Wednesday to hit its lowest against the yen in more than two months and languished near a three-month trough against its major peers, as expectations mount the Federal Reserve (Fed) could begin lowering rates by early next year.

Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data

US&nbsp;stocks were little changed on Tuesday as investors digested conflicting remarks from Federal Reserve (Fed) officials, with upbeat consumer data providing some lift.

Wall St moves sideways after mixed Fed statements

KUALA LUMPUR (Nov 29): Analysts are upbeat on Wasco Bhd’s outlook after the pipe-coating solutions provider’s results for the third quarter ended Sept 30, 2023 (3QFY2023) came in within expectations.

Analysts upbeat on Wasco’s outlook after 3Q earnings meet expectations

Once a North Korean experiment in limited capitalism, the Rason Special Economic Zone (SEZ) appears to be the epicentre of the isolated country's growing cooperation with Russia, experts say, including possible shipments of arms for the war in Ukraine.

North Korean special economic zone poised for revival in new Russia trade

Amazon.com Inc&nbsp;is rolling out a workplace chatbot called Amazon Q, designed to help corporate customers search for information, write code and review business metrics.

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