The Dollar index fell to one-week lows of 95.38 in N.Y. on Wednesday, with losses coming on the back of a fairly hefty meltdown of risk appetite. Wall Street was crushed lower, and as Treasury yields pulled back some from trend highs. EUR-USD topped at 1.1545 after opening near 1.1490. Risk-sensitive USD-JPY took it on […]
(Oct 11): The S&P 500 fell the most since February and the Nasdaq 100 had its worst day in seven years. But while the size…
(Oct 11): A festival of lights may give palm oil the bright spot it desperately needs. With production in top growers climbing and prices hovering near…
(Oct 11): Tesla Inc. is in the process of procuring land in Shanghai for its first factory outside of the U.S., according to people with…
(Oct 11): Investors enamored of tech stocks that suddenly seem only to fall are searching for answers. The simplest may be that the group just…
KUALA LUMPUR: The divide is around RM2 billion. MMC-Gamuda KVMRT (T) Sdn Bhd had offered to cut RM2.13 billion, but the ministry of finance (MoF)…
KUALA LUMPUR (Oct 11): The FBM KLCI lost 2.75% at mid-morning today, tracking the sea of red across regional markets. At 10am, the FBM KLCI lost…
KUALA LUMPUR (Oct 11): Shares of utility giant Tenaga Nasional Bhd (TNB) slid about 9.62% in just two days amid the continued heavy selling pressure…
KUALA LUMPUR (Oct 11): Five months after the surprise election win by Prime Minister Tun Dr Mahathir Mohamad, investors in Malaysia’s stock market may finally…
SINGAPORE (Oct 11): Malaysian state oil firm Petronas has set the October price factor for Malaysian Crude Oil (MCO) at US$4.35 a barrel, up 45…
HONG KONG (Oct 11): The escalating trade war between the United States and China is careening toward a “cold war or geopolitical war” that will reverberate…