Equities Weekly: Markets correct slightly into the start of May
Global equity markets on aggregate declined from the previous week, with the MSCI AC World index falling by 0.57 per…
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Gold Trend – Outlook for end of May
Gold has been delaying the uptrend since we last gave a forecast. In fact, the market fell back to below…
Asian buyers grab Van Gogh, Monet at Sotheby’s US$368 million sale
Asian collectors snapped up paintings by Vincent Van Gogh, Pablo Picasso and Claude Monet at a Sotheby’s auction in New…
Greek banks face curbs to foreign exchange trading
Greek banks are increasingly being hampered from trading currencies, one of the most liquid markets, as international dealers cut back…
FBM KLCI to stage technical rebound
The FBM KLCI failed to rebound last week after a bearish market two weeks ago as weak Ringgit and lack…
BNM likely to retain OPR despite pressure to adjust policy stance
KUCHING: Analysts believe Bank Negara Malaysia (BNM) will likely retain the overnight policy rate (OPR) at 3.25…
Wilmar sees better crush margins, volume
KUCHING: Wilmar International Ltd (Wilmar) reported net profit of US$241.2 million which represents a 39.9 per cent decline on a…
China April exports unexpectedly contract, import slide worsens
BEIJING: China’s exports unexpectedly fell 6.4 per cent in April from a year earlier, while imports tumbled by a deeper-than-forecast…