Covid-19: Malaysia reports 1,360 new cases; Selangor still tops list
KUALA LUMPUR (March 25): Malaysia’s daily Covid-19 infections rose to 1,360 today, from 1,268 yesterday, bringing the country’s number of cumulative cases to 338,168. This is…
Stock Market & Investment News
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1MDB case hits setback as judge rules against US Department of Justice
(March 25): A US judge rejected the US Department of Justice’s (DOJ) attempts to seize US$325 million (about RM1.35 billion) from an oil exploration joint venture (JV)…
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EVENING 5: Five things you need to know today
EVENING 5: Lim buys Genting HK’s stake in yacht builder Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
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Suez Canal choked for third day as elite team tackles stuck ship
For now, all that traffic is backed up with the Ever Given aground in the southern part of the canal, creating another setback for global…
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Gamuda, Green Packet, Spritzer, Astro, Eco World, Eco World International, Tropicana, Yinson and MyNews
KUALA LUMPUR (March 25): Based on corporate announcements and news flow today, companies in focus tomorrow may include: Gamuda Bhd, Green Packet Bhd, Spritzer Bhd,…
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Powell says Fed won't stop until US 'all but fully recovered'
“We are strongly committed to inflation that averages 2% over time. If it were to be higher or lower than that, then we’d use our…
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XE Market Analysis: North America – Mar 24, 2021
Both the dollar and yen posted fresh highs against most other currencies amid a backdrop of continued sputtering across global stock markets. The DXY dollar index rallied to four-month highs above 92.61. The MSCI Asia-Pacific equity index touched two-week lows, while European stock markets managed to pare early declines as the morning session wore on, […]
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XE Market Analysis: Europe – Mar 24, 2021
The DXY dollar index rallied to four-month highs above 92.55 amid a backdrop of continued sputtering across global stock markets. The MSCI Asia-Pacific equity index touched two-week lows. U.S. Treasuries continued to find a safe haven bid, which pushed the 10-year yield under 1.60%, albeit briefly. Base metal prices remained mostly under pressure, although some […]
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XE Market Analysis: Asia – Mar 24, 2021
The Dollar was relatively steady, though ended the session slightly higher overall. The DXY printed four-month highs of 92.61ahead of the open, and meandered between there and 92.42 through the session. Incoming data was mixed, with the February durables report missing the mark, while Markit manufacturing and services PMIs both improved. Neither had much impact […]
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