Stock Market & Investment News

KUALA LUMPUR (March 19): The FBM KLCI closed lower today in line with the weak regional performance following the overnight loss on Wall Street. The benchmark…

KUALA LUMPUR (March 19): The Government has approved 7,072 applications involving loans of RM1.334 billion under the National Economic Recovery Plan’s (PENJANA) Small and Medium…

KUALA LUMPUR (March 19): Malaysia deeply regrets North Korea’s decision to sever diplomatic ties with Malaysia, said the Foreign Ministry (Wisma Putra). “Malaysia denounces the decision…

KUALA LUMPUR (March 19): Based on the corporate announcements and news flow today, companies in focus on Monday (March 22) may include: Boustead Holdings Bhd,…

KUALA LUMPUR (March 19): Prime Minister Tan Sri Muhyiddin Yassin has strongly urged the military leadership in Myanmar to change its course and choose the…

The dollar rebounded form the losses seen that were seen in the wake of the FOMC’s dovish communication yesterday, concomitantly with the 10-year Treasury yield spike to fresh 14-month highs above 1.70%. Simply put, the decidedly dovish Fed coupled with gargantuan fiscal stimulus proved too much for bond bears to ignore, with U.S. economic policy […]

Sharply higher Treasury yields took the USD higher in N.Y. on Thursday, following weakness seen after the dovish FOMC announcement on Wednesday. The long end of the curve took off, as the Fed’s benign neglect of rising price pressures saw the 10-year yield surge 11 bps at its high to break through the 1.75% level, […]