News

The dollar and yen have continued to underperform most other currencies amid a backdrop of rallying global stock markets, which has seen new record highs scaled on Wall Street and the MSCI Asia-Pacific (ex Japan) index rise by over 0.5% today. EUR-USD posted a fresh two-month high at 117.87, while EUR-JPY has lifted to five-month […]

The Dollar rebounded some today after seeing fresh lows against some currencies. Specific weakness in both the Euro and Sterling indirectly lent support to the U.S. currency. EUR-USD drifted back to the mid 1.1700s after posting a fresh two-month high at 118.03. EUR-JPY has also come off from a five-month high, while EUR-CHF has fallen […]

The Dollar index printed two-plus month lows of 93.82 into the N.Y. open on Friday, though managed a recovery to 94.32 through the morning session. Pre-weekend short covering was cited behind the move. The only data were weaker PMIs, though they had little impact on the FX market. EUR-USD faded from 1.1803 lows in London, […]

KUALA LUMPUR (Sept 21): Shares in Pinehill Pacific Bhd hit limit up after the stock rose as much as 30 sen or 214.29% to 44…

BEIJING (Sep 21): China on Friday placed one of the country’s most senior ethnic Uighur officials, head of the energy administration and a former governor of…

(Sept 21): U.S. President Donald Trump continued to hit out at China days after announcing another round of tariffs, signaling the trade war won’t end…

KUALA LUMPUR (Sept 21): Telekom Malaysia Bhd (TM) has initiated discussions with major stakeholders as it works on a definitive solution to deliver better broadband…

(Sept 21): Cryptocurrencies surged on Friday as optimism surrounding Ripple Labs Inc’s plans for using a digital coin spread, lifting peers that have lost more…

KUALA LUMPUR (Sept 21): The FBM KLCI closed 6.94 points or 0.38% higher, while value across Bursa Malaysia climbed to RM3.61 billion as investors reckoned…

KUALA LUMPUR (Sept 21): Entrepreneur Datuk Hazimah Zainuddin has been appointed as the new chairperson of Perbadanan Usahawan Nasional Bhd (PUNB). She replaces former Melaka Chief…

KUALA LUMPUR (Sept 21): Country Heights Holdings Bhd wants to embark on an initial coin offering (ICO) to issue its own cryptocurrency, tentatively called “Horse…

LONDON (Sept 21): British Prime Minister Theresa May said on Friday the European Union must come up with an alternative to her Brexit proposals, saying…

KUALA LUMPUR (Sep 21): Based on corporate announcements and news flow today, stocks in focus for Monday (Sep 24) may include the following: Malaysia Airports…