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Malaysia
Malaysia central bank holds key rate as election shock spurs economy concerns
KUALA LUMPUR (May 10): Malaysia's central bank kept its key interest rate unchanged on Thursday, citing lower inflation and steady economic growth hours after a shock election victory for the opposition that Moody's rating agency said left the cou
May 10, 2018
Malaysia
BNM forex scandal: Former second finance minister claims responsibility for hedging ‘mistake’ made in 1990s
SINGAPORE (Sept 7): Over the hearing which took place at the Royal Commission of Inquiry (RCI) yesterday, Malaysia’s former second finance minister Tan Sri Nor Mohamed Yakcop, who served as adviser to Bank Negara Malaysia (BNM) from 1998 to 2000, admitt
September 07, 2017
Asia FX
Cheapest currency in Southeast Asia gives Malaysia an edge in export race
SINGAPORE (July 13): When the global trade rebound came this year, Malaysia held one advantage over its peers: the cheapest currency in Southeast Asia.
July 13, 2017
Currencies
Malaysia shrugs off 1MDB scandal to become second quarter star
KUALA LUMPUR (June 29): Malaysian assets are back in favor as investors focus on encouraging signs of an economic turnaround instead of a scandal that has touched the top of government and as far as Hollywood.
June 29, 2017
Malaysia
Malaysian Ringgit to rally to eight-month high, top banker says
KUALA LUMPUR (June 8): The ringgit may advance 4% as the latest measures by Bank Negara Malaysia reduce the risks of holding the currency and the economy improves, a member of the central bank’s financial markets committee said.
June 08, 2017
Currencies
Malaysia's Ringgit crackdown spooks overseas investors
(Feb 7): Malaysia’s crackdown on currency speculators has come at a cost. While it successfully reduced ringgit volatility, it is threatening to discourage overseas investors.
February 07, 2017
Broker's Calls
This plantation stock is recognised as cream of the crop
SINGAPORE (Jan 11): CIMB Securities remains “neutral” on the agribusiness sector while highlighting First Resources as its top “add” pick in Singapore for its superior output growth prospects, low-cost production.
January 11, 2017
Currencies
Things will get worse for the Malaysian ringgit: BMI Research
HONG KONG (Jan 5): Malaysia’s ringgit, one of Asia’s worst-performing currencies over the past year, has further to fall, according to BMI Research.
January 05, 2017
Currencies
Malaysian ringgit dips to weakest level since 1998 Asia financial crisis
KUALA LUMPUR (Dec 19): Malaysia's ringgit touched the lowest level since the Asian financial crisis as investors continue to sell down emerging-market assets and after a crackdown on currency speculators last month exacerbated outflows.
December 19, 2016
Broker's Calls
Growth of Riverstone on track despite repatriation rule
SINGAPORE (Dec 8): Maybank Kim Eng is maintaining its “hold” call on Riverstone Holdings with a target price of 92 cents, saying the recent correction to its stock price has been overdone.
December 08, 2016