Stock Market & Investment News

(April 1): When China regained control of Hong Kong more than two decades ago, the Communist Party entrusted the city’s wealthiest tycoons with enormous influence over…

KUALA LUMPUR (April 1): Following its RM2.83 billion settlement with the government in relation to the 1MDB scandal, AMMB Holdings Bhd (AmBank) has proposed a…

EVENING 5: MyNews to open 100 stores this year Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….

(April 2): US President Joe Biden introduced on Wednesday a $2 trillion plan over eight years in a bid to create millions of jobs in…

KUALA LUMPUR (April 1) : Based on corporate announcements and news flow today, companies in focus on Friday (April 2) may include: MyNews Holdings Bhd,…

KUCHING (April 1): Individuals who complete two doses of the Covid-19 vaccine may be allowed to travel interstate or even abroad, Tan Sri Muhyiddin Yassin…

WASHINGTON (April 2): U.S. Senate Minority Leader Mitch McConnell on Thursday said he will fight President Joe Biden’s $2 trillion infrastructure plan “every step of…

After hitting fresh near five-month highs overnight, the DXY lost some ground through the London morning session, and in N.Y. morning trade. The Dollar index fell from 93.44 to 92.99 lows in late morning. Profit taking appeared to be a motive, despite mostly better data. The ADP employment survey about met expectations, while the Chicago […]

The dollar posted fresh highs against the euro and yen before correcting somewhat. U.S. Treasury yields at mid- to longer-dated maturities remained underpinned, albeit off yesterday’s 14-month peaks. The DXY dollar index pegged a new five-month high at 93.44, racking up the sixth higher high out of the last seven trading days, before ebbing back […]

The dollar has remained underpinned, as have mid- to longer-dated Treasury yields, albeit off yesterday’s peaks. The DXY dollar index pegged a new five-month high at 93.44, racking up the sixth higher high out of the last seven trading days. EUR-USD concurrently posted a five-month low at 1.1704, while USD-JPY clocked a new one-year high […]