LATEST

  • Corporate, Economy, Markets  |  JULY 1, 2015 7:09 PM

    StanChart: Reprieve from ringgit temporary

    Story by
    [email protected]

    Although the ringgit has experienced an initial rebound following Fitch Ratings’ revision of Malaysia’s sovereign rating from “A- negative” to “A- stable”, this reprieve may be temporary, according to Standard Chartered Bank. In a report today, the bank attributed the …

     
  • Corporate, Economy, Markets  |  JULY 1, 2015 6:38 PM

    Franklin Templeton positive on Fitch rating move

    Story by
    [email protected]

    Franklin Templeton Investments expresses optimism towards Fitch Ratings’ latest revision to Malaysia’s sovereign rating from “A- negative” to “A- stable”. “We are pleased to see that our sovereign credit outlook has been upgraded to ‘stable’ by Fitch, while Standard & …

     
  • Markets  |  JULY 1, 2015 6:10 PM

    KL shares end higher; CI up 1.25%

    Story by
    www.bernama.com

    Bursa Malaysia closed on a firm note in buoyant trading today with the benchmark index surging forward as the market reacted positively to the “stable” outlook status accorded by Fitch Ratings on the Malaysian economy. At 5pm, the FTSE Bursa Malaysia KLCI finished …

     
  • Markets  |  JULY 1, 2015 5:54 PM

    Ringgit ends stronger against US dollar

    Story by
    www.bernama.com

    The ringgit closed firmer against the US dollar today as the “stable” outlook by Fitch Rating Agency helped bolstered demand for the local unit. At 5pm, the local currency was quoted at 3.7480/7530 against 3.7740/7770 yesterday. Fitch affirmed Malaysia’s long-term foreign currency issuer …

     
  • Markets  |  JULY 1, 2015 4:13 PM

    Exchange denies Goldman shorting China’s stock market

    Story by
    www.reuters.com

    China’s Financial Futures Exchange squashes rumours that foreign investors including Goldman Sachs have been shorting Chinese stocks using index futures, the latest move by regulators to calm market anxiety following two weeks of panic selling. The deep correction in China …

     
Loading...
1
1
0
latest
1