Posted by wklee9113 > 2017-10-10 22:51 | Report Abuse

Tomorrow cimb drop again

Posted by kuaTAKtahu > 2017-10-11 08:57 | Report Abuse

.

Posted by PrincessPi > 2017-10-11 09:39 | Report Abuse

pity...no selling focus and no buyer support

Posted by MoneyUp888 > 2017-10-11 10:05 | Report Abuse

...malaysia stocks dead

Posted by Jin Chi > 2017-10-11 10:09 | Report Abuse

Chill la will bounce back one. Scare what

Posted by Jin Chi > 2017-10-11 10:09 | Report Abuse

Chill la will bounce back one. Scare what

Posted by MoneyUp888 > 2017-10-11 10:12 | Report Abuse

Make me cheebai impatient ald

Posted by Cimb > 2017-10-11 12:43 | Report Abuse

Tengku Zafrul bags 'Best CEO for Investor Relations' award
http://klse.i3investor.com/servlets/fdnews/237384.jsp

Posted by masterus > 2017-10-11 16:43 | Report Abuse

The Chinese government announced plans Wednesday to raise $2 billion from international debt markets, its first such sale in over a decade.

China’s Ministry of Finance said it intends to launch an offering of U.S. dollar sovereign bonds in Hong Kong in coming days.

Posted by wklee9113 > 2017-10-11 22:09 | Report Abuse

Don't know how long will shoot up

Posted by masterus > 2017-10-12 07:10 | Report Abuse

NEW YORK, Oct. 11 (Xinhua) -- The U.S. dollar continued to decline against most major currencies on Wednesday, as investors mainly digested the newly-released minutes from U.S. Federal Reserve.
"Many participants continued to believe that the cyclical pressures associated with a tightening labor market or an economy operating above its potential were likely to show through to higher inflation over the medium term," according to the minutes on Wednesday.
In addition, many Fed officials judged that at least part of the softening in inflation this year was the result of idiosyncratic or one-time factors, and, thus, their effects were likely to fade over time.
However, other developments, such as the effects of earlier changes to government health-care programs that had been holding down health-care costs, might continue to do so for some time.
Analysts said the minutes showed that policymakers are open to a December interest-rate hike despite concerns about low inflation levels.
The dollar index, which measures the greenback against six major peers, was down 0.30 percent at 93.008 in late trading.

Posted by GG_Stock > 2017-10-12 09:48 | Report Abuse

What happen ? Cant even hold at 6.3

Posted by masterus > 2017-10-12 12:25 | Report Abuse

China will 'compel' Saudi Arabia to trade oil in yuan — and that's going to affect the US dollar
"I believe that yuan pricing of oil is coming and as soon as the Saudis move to accept it — as the Chinese will compel them to do — then the rest of the oil market will move along with them," Carl Weinberg, chief economist and managing director at High Frequency Economics, told CNBC
In recent years, several nations opposed to the dollar being the world's reserve currency have progressively sought to try and abandon it
OPEC kingpin Saudi Arabia is at the crux of the petrodollar

Posted by masterus > 2017-10-13 10:10 | Report Abuse

The U.S. stands to save more than $500 million that the government owes to the United Nations by withdrawing from the organization’s cultural heritage arm.

The Department of State announced Thursday that it will officially pull back from the U.N. Educational, Scientific and Cultural Organization (UNESCO) by the end of 2018, taking an inactive observer role rather than that of a contributing member.

Most of Secretary of State Rex Tillerson’s rational for withdrawing stems from the “anti-Israel bias” at UNESCO, but the government is also concerned about about the U.S.’s growing debt to the organization.

“This decision was not taken lightly,” the State Department said in a press release, citing “concerns with mounting arrears at UNESCO, the need for fundamental reform in the organization, and continuing anti-Israel bias at UNESCO.”


The U.S. currently owes the international body $542 million in dues that former President Barack Obama refused to pay starting in 2011 when UNESCO voted to include Palestine as a member. UNESCO is best known for maintaining a list of world heritage sites around the globe, including Stonehenge in the U.K., the Grand Canyon in Arizona, and the historic district of Florence, Italy, but the group also funds international literacy and scientific programs.

When the U.S. government declined to pay its annual dues of more than $80 million out of protest in 2011, UNESCO lost about 22 percent of its yearly budget.

“This is a loss to UNESCO,” Irina Bokova, director general of UNESCO, said in a statement following notification of the U.S.’s withdrawal. “This is a loss for multilateralism.”

America’s involvement in UNESCO is of the utmost importance today, Bokova said, “when the rise of violent extremism and terrorism calls for new long-term responses for peace and security, to counter racism and antisemitism, to fight ignorance and discrimination.”

“In 2011, when payment of membership contributions was suspended at the 36th session of the UNESCO General Conference, I said I was convinced UNESCO had never mattered as much for the United States, or the United States for UNESCO,” Bokova added. “Despite the withholding of funding, since 2011, we have deepened the partnership between the United States and UNESCO, which has never been so meaningful.”

Even without the funding to UNESCO, the U.S. pays $3.3 billion to the U.N. and its various organizations and missions annually, and President Donald Trump has proposed a 40 percent cut to funding.

Posted by masterus > 2017-10-15 07:02 | Report Abuse

The decline of US diplomacy could threaten the dollar’s global-reserve status
Eshe Nelson October 13, 2017
Bank notes of different currencies, including euro and US dollar,
Trying to stay on top (Reuters/Kai Pfaffenbach)
Barry Eichengreen, an economics professor at the University of California, Berkeley and expert in global currency systems, warns that the US dollar’s future as the all-mighty global-reserve currency is in danger. A deterioration in US relationships with other countries could lead central banks internationally to reconsider their reliance on the dollar, he wrote in a column for Project Syndicate this week.

Posted by gghaha > 2017-10-16 16:15 | Report Abuse

hollanding....

Posted by Skipz Yang > 2017-10-16 16:57 | Report Abuse

need to holland first before explode

Posted by straycats > 2017-10-16 21:05 | Report Abuse

http://www.theedgemarkets.com/article/khazanah-selling-rm5649m-cimb-shares

Sold at a discount to today's closing price.

Posted by Jia Jiun > 2017-10-16 21:43 | Report Abuse

Will tomorrow be another round of selling? good time to collect some

Posted by fmbklci > 2017-10-16 22:48 | Report Abuse

khazanah second time selling big already

Posted by cy909 > 2017-10-16 23:24 | Report Abuse

Has Khazanah completed the selling? Or are they still selling?

Posted by fmbklci > 2017-10-17 08:20 | Report Abuse

they announced on monday. dont think so already done the deal. should be in progress

Posted by fmbklci > 2017-10-17 09:04 | Report Abuse

getting cheaper. waiting to enter again

Posted by RocketRider > 2017-10-17 09:54 | Report Abuse

Why Khazanah also selling CIMB?

Posted by goofy8020 > 2017-10-17 10:25 | Report Abuse

Khazanah Nasional plans to raise up to US$134m (RM564m) from sale of some of its shares in the country’s second-biggest bank, CIMB Group Holdings Bhd, IFR said on Monday, citing a term sheet. Khazanah on Monday launched the sale of 90.5m CIMB shares in the indicative price band of RM6.13-RM6.24, which would raise RM564m at the top end, the Thomson Reuters publication said.
--- The sovereign wealth fund currently owns 2.5bn shares, or 28.1% equity stake in CIMB, according to Thomson Reuters data. (Reuters)

Posted by Fireplume > 2017-10-17 10:51 | Report Abuse

Every bigboy also offload... time to dump and come back again later..

Posted by gooman > 2017-10-17 11:21 | Report Abuse

KESM is a very good semiconductor stock with a low P/E.

Posted by MoneyUp888 > 2017-10-17 13:51 | Report Abuse

Sam Ting Wong

Posted by masterus > 2017-10-17 16:25 | Report Abuse

Select Language​▼
WORLD
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Currency
Indonesia's central bank allows ringgit, baht in trade
Reuters
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Reuters

October 16, 2017 23:58 pm MYT

-A+A
JAKARTA (Oct 16): Indonesia's central bank said on Monday it will allow transaction settlement for bilateral trade between Indonesia, Malaysia and Thailand to be conducted in local currencies.

The new regulation is aimed at reducing dependency on the US dollar and limiting exposure to volatile foreign exchange rates.

The rule, which goes into effect on Jan. 2 next year, allows Indonesian exporters or importers to settle payments with their Malaysian or Thai counterparts using rupiah, ringgit or baht.

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The three currencies are among the most volatile in the region.

Bank Indonesia, Bank of Thailand and Bank Negara Malaysia, will select banks that will be able to carry out such transactions, Indonesia's central bank said in a statement.

Posted by fmbklci > 2017-10-17 19:46 | Report Abuse

anyone here know icapital? i saw their newsletter today. their recommendation for cimb is buy below RM5.30. LMAO

Posted by confuse > 2017-10-19 09:49 | Report Abuse

Why must Khazanah sell CIMB not MAS?

Posted by confuse > 2017-10-19 10:10 | Report Abuse

Khazanah selling CIMB to help MAS?

Posted by confuse > 2017-10-19 10:12 | Report Abuse

Now Bellew resign no need money to buy new Boeing isn't a good news?

Posted by confuse > 2017-10-19 10:15 | Report Abuse

Even Pakatan said we no need to help USA economy so Bellew out is good?

Posted by confuse > 2017-10-19 10:18 | Report Abuse

Tengku Zafrul why cannot ask Khazanah buy back? You must go instead? T18 what happen?

Posted by nich0las > 2017-10-19 13:39 | Report Abuse

CIMB Thai QR release
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5575301

Posted by CutePanda > 2017-10-19 15:56 | Report Abuse

Thai QR s good or bad?

Posted by Seng Thye Ng > 2017-10-20 09:10 | Report Abuse

very bad.......down 31%.....

Posted by fmbklci > 2017-10-20 10:31 | Report Abuse

but still making money. not making loss

Posted by masterus > 2017-10-21 12:22 | Report Abuse

Catalonia vote: Spain expected to impose direct rule

Posted by curious2 > 2017-10-22 19:20 | Report Abuse

Kenanga TP RM 6.9.
https://klse.i3investor.com/servlets/ptres/42574.jsp

Posted by McQueen1 > 2017-10-24 15:40 | Report Abuse

continue ...down...

Posted by Syndicates > 2017-10-24 15:57 | Report Abuse

bursa's fengsui this year no good lah, many negative thing came in a row non stop

Posted by Syndicates > 2017-10-24 15:59 | Report Abuse

6.07 is the price where UFJ sold its shares (ex-price of 6.20)

Posted by apolloang > 2017-10-24 16:02 | Report Abuse

not long ago only last year lowest is 3.90 only....still very expensive,more downside in short term

Posted by fmbklci > 2017-10-24 16:50 | Report Abuse

lucky i sold one day before ex date. 13 cents dividend also cannot cover the price drop

Posted by heaven123 > 2017-10-25 10:56 | Report Abuse

Both brother same.

Posted by masterus > 2017-10-25 14:00 | Report Abuse

The argument for re-denomination

A contemporary model for Vietnam is Belarus. In 2016 the Belarusian ruble was re-denominated by taking four zeros off the currency. Before re-denomination, US$1 was about 20,000 rubles, making it comparable to the current dong. What was 10,000 BYR is now 1 BYN, so 1 USD is about 2 BYR.

The new currency is modeled on the euro, with coins similar in style to the euro also introduced. The smaller denominations are easier to remember, and spending low denominations feels more sensible as a consumer.

Removing four zeros would turn a 10,000 dong note into a 1 dong note, and US$1 would equal about around 2 dong. To give an idea of the change, notes currently in circulation would convert as follows:

500 = 0.05
1,000 = 0.10
2,000 = 0.20
5,000 = 0.50
10,000 = 1
20,000 = 2
50,000 = 5
100,000 = 10
200,000 = 20
500,000 = 50

The new dong would pave the way for a reintroduction of coins (not counting the rare coins currently in circulation). If Vietnam plans to go cashless by 2020, then maybe coins will be redundant. But at least the option would be there.

A re-denomination would have positive effects such as becoming a currency that is taken seriously. Large projects would be quoted in dong instead of US dollars, as Thailand quotes in baht for its big projects. And eventually you might be able to exchange your leftover dong at exchange booths around the world, which most places won’t deal with.

If Vietnam is to maintain its economic success, and aspire to being ASEAN’s “Silicon Valley”, it is time to consider re-denominating the dong.

Posted by masterus > 2017-10-25 14:13 | Report Abuse

Spotlight: Cambodia's central bank encouraging use of Chinese yuan
Source: Xinhua| 2017-10-25 01:51:13|

PHNOM PENH, Oct. 24 (Xinhua) -- The National Bank of Cambodia (NBC), the country's central bank, has been encouraging businesses and individuals to use renminbi (RMB), or the Chinese yuan, in order to further increase trade and investment volumes between the two countries, officials said on Tuesday.
Seventeen out of 54 banks in the country currently transacted in yuan, and four of them, Bank of China Phnom Penh Branch, Industrial and Commercial Bank of China (ICBC) Phnom Penh Branch, Canadia Bank, and First Commercial Bank, received deposits in yuan, said NBC's deputy governor Neav Chanthana.
"The use of yuan will provide a lot of advantages to Cambodia, especially in attracting more Chinese investors and tourists," she said during a conference here on the Belt and Road Initiative, which was themed Promotion of the Use of RMB and KHR (Cambodian currency riel) in Cross-Border Trade and Investment.
The half-day conference brought together about 200 representatives of banks, financial institutions and companies in Cambodia.
Chanthana said more banks in Cambodia are willing to accept RMB for cross-border settlements.
"The promotion of RMB and KHR is in line with the Cambodian government's policy to support the Belt and Road Initiative," the deputy governor said. "It will increase China and Cambodia's economic and financial linkages."
She added that the Cambodian government has also allowed Chinese tourists to use RMB.
NBC's director-general Chea Serey said the conference was aimed at encouraging companies to settle their business transactions in yuan.
"We want Cambodian and Chinese traders to settle their business transactions in either yuan or riel," she told reporters on the sidelines of the conference. "By doing so, we can reduce or eliminate exchange rate risks for traders."
Pan Hongsheng, deputy secretary-general of the People's Bank of China's Monetary Policy Committee, said, "The status of China as a major trading and investment country and the Belt and Road Initiative will bring broad space and development potential for RMB internationalization."
He added that RMB settlements for overseas financial institutions and enterprises would eliminate exchange rate risks and promote trade and investment ties with China.

Posted by GoodCompanies > 2017-10-26 11:57 | Report Abuse

masterus, so now you know why inflation doesn't really matter in the end, and currency values too