The S&P 500 and its 25-day moving average (MA) still remain on top of the 200-day MA even after last week’s pullback. Coupled with the fact that the 60-day MA has also crossed beyond the 200-day MA, trading momentum remains favourable. Read More »
Fujian Zhenyun Plastics Industry (振云塑业), whose Chinese name means “shake the clouds,” hopes to see more terrestrial shakeups with more laying of pipes on the back of China’s grand infrastructural development plans. Read More »
According to many recent analyst reports, the sentiments towards Crude Palm Oil (CPO) prices have started to turn bearish, mainly attributable to expectations of higher CPO production in the next few months and a probable weakened Chinese and Indian ...Read More »
The US market has been down for almost two weeks, resulting in lows not seen since May while the Straits Times Index (STI), still trading above 2,200 points, has taken its cue from the US market and has been down some 200 points off its high of ...Read More »
Crisis can often spell opportunity for those with the wherewithal to ride out the storm.For chip foundry sector newcomer Globalfoundries, an entity that Advanced Micro Devices (AMD) decided to spin off its manufacturing facilities into late last ...Read More »
US stocks capped last week on a muted note, managing to hold on to most of the previous day's impressive gains on Friday, but failing to build on them. Read More »
US stocks staged an impressive broad-based rally on Thursday with retail stocks leading the way. Home furnishings retailers fared especially well after Bed Bath & Beyond reported an unexpected rise in profits with cost cuts and new store ...Read More »
Fujian Zhenyun Plastics Industry (振云塑业), whose Chinese name means “shake the clouds,” hopes to see more terrestrial shakeups with more laying of pipes on the back of China’s grand infrastructural development plans. Read More »
”A financial crisis as severe as the current one shows how stable freight rates for chemicals are,” said Berlian Laju Tanker’s general manager, Peter Chayson, at a Financial PR road show recently. Read More »
Thawing credit markets and the re-emergence of investors are throwing a lifeline to businesses that need massive amounts of funding. One such business is that of China New Town Development, which designs the master urban plan for new towns, as well ...Read More »
Why has the stock price of Marco Polo Marine shot up more by three quarters in the past 3-4 weeks? From thin trades at 26 cents or less during the first two weeks of May and for many months before that, it leapt into action after its CEO, Sean Lee, ...Read More »
Bursa Malaysia said it will press publicly traded companies to sell more shares to stay in a revamped benchmark stock index, a move aimed at making the equities easier to buy and sell. In an interview with Bloomerg, Bursa’s CEO Yusli Yusoff, ...Read More »
The 30% bumiputra quota requirement for companies seeking to list on Bursa Malaysia has been scrapped at the latest unveiling of the government’s economic policies. Speaking at the Invest Malaysia 2009 conference yesterday, PM Najib Tun Razak said ...Read More »
3 out of 4 of Selangor's water concessionaires have rejected the state government's second offer to buy their water-related assets and operations. In separate regulatory filings, Puncak Niaga, SYABAS and Gamuda said that they considered the NAV ...Read More »
Transactions involving the buying and selling of Malaysian hotels have plunged 83%, from RM1.2b in 2005 to RM205m last year, as owners preferred to hold on to their assets as property prices appreciated. There was also noticeable absence of foreign ...Read More »
EON Capital hopes to raise up to RM500m via the sale of perpetual preference shares which may boost its Tier 1 capital to around 11%. Its Tier 1 capital now is 9.4%. The group plans to submit an application to the Securities Commission, to put in ...Read More »
A trade in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between ...Read More »
Support is the price level at which demand is thought to be strong enough to preventthe price from declining further. The logic dictates that as the price declines towardssupport and gets cheaper, buyers become more inclined to buy and sellers ...Read More »
Baltic Dry Index is an index covering dry bulk shipping rates and managed by the Baltic Exchange in London. The index provides an assessment of the price of moving major raw materials by sea. Read More »
A formal, written offer to sell securities that sets forth the plan for a proposed or existing business. The prospectus must be filed with the SGX and given to prospective buyers. A prospectus includes information on a company’s finances, risks, ...Read More »
A pioneer of the discount brokerage concept, Schwab’s firm is one of the most recognized financial names among the general public. Schwab started his business in 1971, originally as a full-service broker, but then shifted to discount brokerage ...Read More »
chewwl88 said:
Any comments on this counter?Any news from company planning?
This counter has hit to $1.05 before and down to 0.60 till now. It remain at 0.70 ~ 0.60 for about two weeks while ...
All these talk about quicker recovery than expected is all nothing but baloney. It's just to prevent further panics. How can a global crisis dubbed as "tsunami" can recover that ...
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US stocks began 2H09 on a positive note on Wednesday with shares in prominent food and drink manufacturers leading the market higher. Read More »
Bursa Malaysia said it will press publicly traded companies to sell more shares to stay in a revamped benchmark stock index, a move aimed at making the equities easier to buy and sell. In an interview with Bloomerg, Bursa’s CEO Yusli Yusoff, ... Read More »
