Malaysia-Market Factors To Watch On Aug 1(Thursday)


GLOBAL MARKETS
 
-U.S. stocks end mixed following Fed; dollar falls
 
- SE Asia Stocks-End July in mixed note; Malaysia pares gain on month
 
 WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
 
 * International Trade and Industry Minister Mustapa Mohamed officiates Trans-Pacific Partnership open day at Matrade Exhibition and Convention Centre, Menara Matrade, Kuala Lumpur at 0800am (0000).
 
 * Prime Minister Najib Razak attends Bank Negara Malaysia Board Briefing at Executive Meeting Room, Sasana Kijang, Bank Negara Malaysia, Jalan Datuk Onn, Kuala Lumpur at 0900am (0100), launches Malaysia's Islamic Finance Marketplace to the World at Sasana Kijang, Bank Negara Malaysia, Jalan Datuk Onn, Kuala Lumpur at 1030am (0230), and receives courtesy call from China Foreign Minister Wang Yi at the Prime Minister's Office, Perdan Putra Building, Putrajaya at 1230pm (0430).
 
 * Deputy Minister of Energy, Green Technology and Water, Mahdzir Khalid officiates soft launch of Sustainable Energy Development Authority Malaysia's 2nd International Sustainable Energy Summit 2014 at Galleria PjH, Precinct 4, Putrajaya at 0830am (0030).
 
 * UMW Holdings Bhd holds EGM at No. 3, Jalan Utas (15/7), Batu Tiga Industrial Estate, Shah Alam at 1000am (0200).
 
 MARKET NEWS > Nikkei drops on caution over Fed result; index fell a 3rd month in July > S&P 500 ends flat after Fed keeps easy money in play 
 
 > Bond prices gain after Fed plans to keep buying bonds
 
 > Dollar drops broadly as Fed leaves stimulus program intact
 
 > Gold down for day, but ends July with big monthly gain
 
 > U.S. crude oil higher driven by late technical rally > Palm oil hits 1-week high as exports recover
 
- MALAYSIA IN THE NEWS:
 
 > U.S. raises military assistance to the Philippines
 
 > Malaysia's June broad money up 8.5 pct on year-c.bank
 
 > Gun crime, custodial deaths pile pressure on Malaysian government
 
 > Malaysian oil services firms tumble after Petronas project delay
 
 > Malaysia's end-June detailed foreign reserves
 
 > South Sudan's Kiir to keep oil minister, change finance portfolio > China, India gain upper hand as potash cartel crumbles - Reuters

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read