Commodities market comment
Today’s market analysis on behalf of Ahmad Assiri Research Strategist at Pepperstone
Gold
Amidst the shifting sands of global trades, gold continues to shine as a pivotal hedge against the turbulence wrought by tariff policies and trade war. With the rollout of tariffs on imports from Canada and Mexico, coupled with ramped-up duties on China, there has been a noticeable surge in gold buying. This...
Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz
Written by Linh Tran, Market Analyst at XS.com
Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance.
Last Friday, gold officially ended an eight-week winning streak. On the same...
Growth of Malaysia's Islamic banks outpacing conventional peers
The Edge Malaysia: The growth of Islamic banks in Malaysia has outpaced its conventional peers, with penetration...
Achievements in Driving Sustainable Development in Member Countries in 2022
Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, and Minister...
Bank Negara Malaysia asks financial institutions for a substantial investment on climate risk management
Some of the most momentous announcements from Malaysia’s Joint Committee on...
Deal activity in Asia-Pacific declined by 27.8% in May 2021
A total of 760 deals (comprising mergers & acquisitions, private equity and venture financing deals)...
Over 60 international countries represented at ATM 2021 despite Coronavirus travel restrictions
A total of 62 countries will be represented on the exhibition floor this...
Capital raising activities could return to levels in 2021
Malaysia’s capital market activity is on track to improve in 2021, with fundraising interest across some sectors...
Global sukuk issuance to fall slightly in 2021 as financing needs ease
Gross long-term global sovereign sukuk issuance will amount to $96 billion in 2021,...
Bursa Malaysia: Moving the dial on ESG adoption
The Covid-19 pandemic has thrust the concept of environmental, social and corporate governance (ESG) into the spotlight...
Malaysian Prime Minister, Tun Dr Mahathir Mohamad, tested new biometric passenger processing at the KLIA Main Terminal as part of its 21st anniversary celebration...
