Stock Market & Investment News

KUALA LUMPUR (Jan 27): The Kuala Lumpur High Court has fixed Feb 15 to deliver its decision on whether former Federal Court judge Datuk Seri Gopal…

KUALA LUMPUR (Jan 27): The FBM KLCI finished 5.31 points or 0.34% higher at 1,580.62, snapping a two-day losing streak. However, Hong Leong Investment Bank’s head…

PUTRAJAYA (Jan 27): The Court of Appeal today quashed a development order by the Kuala Lumpur City Hall (DBKL) to develop Taman Rimba Kiara (TRK)…

PUTRAJAYA (Jan 27): Malaysia’s first Covid-19 vaccine clinical trial began today in nine hospitals, involving some 3,000 volunteers, Health Minister Datuk Seri Dr Adham Baba said. The Phase 3 clinical…

KUALA LUMPUR (Jan 27): Malaysia logged 3,680 Covid-19 cases within the 24 hours as of noon today, with seven more deaths. These bought the country’s total…

The Dollar was steady in early N.Y. trade, with the DXY idling between 90-25 and 90.35 through mid-morning. Wall Street started the session mostly higher, though reversed course quite sharply lower after the open. This resulted in safe-haven USD demand, which later took the DXY to 90.52 highs. Profit taking from record levels was the […]

Dollar firmness has been ensuring amid risk-wary conditions across asset markets, despite U.S. Treasury yields having dropped sharply over the last day, eroding the dollar’s yield differential advantage against peers. This indicates that the market is utilizing the dollar as a safe haven vehicle once again, with the DXY dollar index vaulting to a six-day […]

The dollar rose and then ebbed, tracking first a drop in most Asian stock markets and then steadying as investor risk appetite improved during the European morning session, where stock markets saw a rebound following quite sharp declines in recent sessions, despite ongoing anxieties about the Covid impact. The DXY dollar index dipped back to […]