Stock Market & Investment News

KUALA LUMPUR (Jan 15): The FBM KLCI finished 8.70 points or 0.53% lower at 1,627.01, dragged mainly by profit taking on banking counters. The index earlier…

KUALA LUMPUR (Jan 15): Tenaga Nasional Bhd (TNB) announced today it will implement the Malaysian government-approved enhanced terms for the electricity connection charge and connected load…

(Jan 15): The Trump administration’s surprising blacklisting of Xiaomi Corp. is costing its top executives big bucks. Lei Jun, the chief executive officer who co-founded the smartphone…

KUALA LUMPUR (Jan 15): The retail prices of RON95 and RON97 petrol will rise five sen a litre each while the retail price of diesel…

The dollar lifted out of lows, aided by gains against the euro after ECB’s Villeroy fired a rhetorical volley across the bows of euro bulls, reminding the forex market that he and his colleagues “are monitoring with particular attention the negative effects of the euro exchange rate.” Market participants, meanwhile, overlooked a much stronger than […]

FX trade was relatively quiet in N.Y. on Wednesday, keeping the DXY inside of a 90.20 to 90.45 trading band. Incoming data saw December CPI on the cooler side of expectations, though there was little market reaction. Wall Street struggled, though into the close, the major indices were all in modestly green territory. Treasury yields […]

Modest weakness in the euro and yen, along with a smidgen of firmness in the Canadian dollar, were pretty much the only directional themes among the main currencies in trading through to the early London interbank session. EUR-USD edged out a two-day low at 1.2136, which is 4 pips shy of the 24-day low that […]