News

The Dollar has traded mixed, while a side theme of net Yen outperformance has been seen. EUR-USD has been plying a narrow range in the upper 1.1200s. The Pound steadied after tumbling late yesterday after UK Prime Minister was humiliated again, losing a symbolic, but not legally binding, Brexit vote in parliament. USD-JPY posted a […]

The Dollar majors have been trading without clear direction. Yen firmness was a theme during the Tokyo session, before the currency ebbed back as risk appetite in stock markets improved. USD-JPY printed a four-day low at 110.25 before recouping to the 110.50 area. EUR-USD, meanwhile, plied a narrow range in the upper 1.1200s, holding comfortably […]

OVERVIEW The US dollar moves higher on positive trade talks between Beijing and Washington The British pound remains under pressure, trading in negative territory this week as the UK House of Commons continues to find the right BREXIT formula. NYMEX WTI Crude returns to a 12-week high, up 1.95% on the day.

The Dollar index pulled back from near one-month highs in N.Y. on Friday, dipping just under 97.00, after peaking at 97.37 early in the session. Pre-weekend profit taking was a driver, coming as the U.S. and China extended trade talks through next week in Washington. The news reversed some of the Greenback’s safe-haven flows seen […]

KUALA LUMPUR (Feb 15): Shares in IHH Healthcare Bhd took a beating in afternoon trade today after India’s Supreme Court extended its ban on the…

KUALA LUMPUR (Feb 15): The Malaysian Anti-Corruption Commission (MACC) will meet with Court of Appeal Judge Hamid Sultan Abu Backer over his affidavit claiming that…

KUALA LUMPUR (Feb 15): The FBM KLCI reversed earlier gains to end 0.01% lower, along with key Asian markets on Friday, amid foreign selling of…

KUALA LUMPUR (Feb 15): Axiata Group Bhd has sold its 28.7% stake in Singapore-listed M1 Ltd to Keppel Corp Ltd and Singapore Press Holdings Ltd…

BEIJING (Feb 15): President Xi Jinping said U.S.-China trade talks would continue next week in Washington, as the two sides race to reach a deal…

SEOUL (Feb 15): North Korean leader Kim Jong Un was ready to accept the dismantlement and inspection of a high-profile nuclear plant, a South Korean…

KUALA LUMPUR (Feb 15): Based on corporate announcements and news flow today, stocks in focus on Monday (Feb 18) may include: Luxchem Corp Bhd, Astro…

FRANKFURT (Feb 15): Europe’s beaten-down lenders are hiring again, just not in banking. In a year marked by damaging money laundering and tax evasion scandals, firms…

KUALA LUMPUR: Telekom Malaysia Bhd (TM) intends to dispose of two office towers that are adjacent to its headquarters Menara TM on Jalan Pantai Baharu,…

A new long-term mandate has been approved for Khazanah Nasional Bhd, one that will benefit all Malaysians. In his first interview as Khazanah’s managing director, Datuk…

The Yen has continued to soften, while the Australian and New Zealand Dollars have continued to outperform. USD-JPY rose for a fourth consecutive day, this time printing a fresh seven-week high at 111.13. AUD-JPY, which is seen as both a proxy for China risks and a general forex market barometer of global investor risk appetite, […]

The Dollar posted a fresh highs against the Euro, Yen and Pound, among other currencies, but lost ground to the Australian and New Zealand Dollars, which were buoyed up by much less worse than feared trade data out of China and ongoing hopes for a compromise on the U.S.-China trade talk front. EUR-USD settled back […]

OVERVIEW British PM Theresa May goes back to try and build support for Brexit deal Brexit Secretary Stephen Barclay taking heat for refusing to rule out a no-deal Brexit USD drops as stock markets and retail numbers disappoint HIGHLIGHT

The dollar sold off sharply following the worst U.S. retail sales report since 2009. PPI data was mixed, while jobless claims were higher than expected. This resulted in equity futures and Treasury yields move sharply lower. Later, reports that the U.S. and China remain far apart on trade, saw safe-haven flows pick the Greenback up […]

KUALA LUMPUR (Feb 14): Based on corporate announcements and news flow today, stocks in focus on Friday (Feb 15) may include: YTL Hospitality Real Estate…

KUALA LUMPUR (Feb 15): Court of Appeal judge Datuk Hamid Sultan Abu Backer has made explosive claims of judicial and constitutional misconduct, repeatedly calling for…

NEW YORK (Feb 15): The S&P 500 and the Dow slipped while the Nasdaq posted a slim gain on Thursday as investors struggled to square…

NEW YORK (Feb 15): Oil prices edged higher on Thursday and Brent hit the highest level this year, but gains were capped after the steepest…

SYDNEY (Feb 15): Asian stocks looked set to end the week with declines following a dip in U.S. equities as concern about the economy resurfaced…

KUALA LUMPUR: The Malaysian economy is expected to remain on the growth path driven by the resilience of private consumption and continuation of civil engineering…