Stock Market & Investment News

(Oct 6): The US trade deficit widened in August to the largest since 2006 as the nation imported a record amount of consumer goods, amid…

KUALA LUMPUR (Oct 6): AirAsia X Bhd (AAX) has unveiled a massive debt restructuring proposal in which the airline will reconstitute RM63.5 billion worth of…

KUALA LUMPUR (Oct 6): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Oct 7) include: AirAsia X Bhd…

KUALA LUMPUR (Oct 6): The Ministry of Health (MoH) has carried out Covid-19 screening on about 90 close contacts of Minister in the Prime Minister’s…

(Oct 6): The US economic recovery remains far from complete and could still slip into a downward spiral if the coronavirus is not effectively controlled…

Both the dollar and yen softened, while the dollar bloc outperformed the other main free floating currencies amid a bout of risk-back-on positioning in global markets, fuelled by positive news about U.S. President Trump’s health condition. EUR-USD traded firmer, printing a peak at 1.1760, which is 10 pips short of the 13-day high that was […]

The yen has softened and the dollar bloc currencies have firmed amid a risk-back-on positioning theme, driven by encouraging reports about U.S. President Trump’s health. USD-JPY lifted to a peak at 105.61, which is 7 pips shy of Friday’s high. The biggest mover out of the main currencies has been AUD-JPY, which rallied by about […]

The Dollar was mostly lower in N.Y. trade on Monday, weighed down by the unwinding of long USD safe-haven positions as risk-on conditions returned. Reports that president Trump is doing better after being treated over the weekend for Covid, along with increased hopes that a U.S. fiscal aid package can be passed, combined to buoy […]