News

The dollar index posted frosh near 14-month highs in N.Y. on Wednesday, topping at 96.98 before pulling back to 96.66 into the close. The Greenback rallied on safe-haven flows after Turkey imposed tariffs on U.S. goods, which saw equities and Treasury yields fall. The Euro in particular, was driven by movements in the Turkish Lira, […]

Both the Dollar and Yen have weakened today, giving back recent gains amid an improvement in risk appetite. The U.S. and China have agreed on a new round of trade talks, while Turkey has managed to halt the rout of the Lira and secure major investments from Qatar and China’s Alibaba. The USD index (DXY) […]

The Dollar and Yen retreated against most other currencies amid a revival in risk appetite on news that U.S. and China have agreed on a new round of trade talks, while the Turkey Lira gain for a third straight session. The USD index (DXY) pegged a two-day low at 96.41 before recouping to the 96.60 […]

NEW YORK (Aug 16): Kroger Co is bringing self-driving grocery delivery to Arizona. The largest grocery chain in the U.S. will start delivering groceries in autonomous-capable…

KUALA LUMPUR (Aug 16): Former Public Accounts Committee (PAC) chairman Datuk Seri Hassan Arifin (BN-Rompin) told Parliament today that he did not summon Malaysian businessman…

LONDON (Aug 16): Investors rattled by events in Turkey, China and South Africa have pulled US$1.3 billion out of emerging-market stocks in the last week…

(Aug 16): Aretha Franklin, the former gospel singer who went on to reign over the music industry as the Queen of Soul with hit songs…

KUALA LUMPUR (Aug 16): The Pakatan Harapan government’s motion for the Public Accounts Committee (PAC) and the Auditor-General to reopen investigations into 1Malaysia Development Bhd…

KOCHI, India/MUMBAI (Aug 16): The death toll from the southern Indian state of Kerala’s worst floods in a century has risen to 79, a government…

KUALA LUMPUR (Aug 16): Axiata Group Bhd will recognise a non-cash impairment of RM3.33 billion in the carrying value of its investment in Idea Cellular Ltd,…

KUALA LUMPUR (Aug 16): The special officer to the Finance Minister Tony Pua has denied news that the PH Government is considering imposing a soda…

WASHINGTON/LONDON/BEIJING (Aug 16): Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities, following a U.S. trade delegation visit…

KUALA LUMPUR (Aug 16): Based on corporate announcements and news flow today, stocks in focus tomorrow may include the following: Econpile Holdings Bhd, Apex Healthcare…