News
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XE Market Analysis: Europe – May 07, 2021
The dollar has found a footing after declining yesterday, which was the latest contribution to what has been several days of up-then-down price action. The 10-year U.S. Treasury yield has continued to bump along under 1.60%, while the Dow Industrials index scaled to another record closing high following a solid jobless claims report and forecast-beating […]
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XE Market Analysis: North America – May 07, 2021
The dollar has been on a back foot today after a several-day period of up-then-down price action. The 10-year Treasury yield has nudged 1 bp higher, back above 1.580%, which is near the midway point of the range that has been seen over the last couple of weeks. The U.S. jobs report looms. A strong […]
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XE Market Analysis: Asia – May 07, 2021
The Dollar was hit broadly in N.Y. on Friday following a disappointing April U.S. employment report, which revealed a 266k NFP print versus expectations for at least 950k. The USD tumbled immediately following the data, with the move likely exacerbated by a plunge in Treasury yields. Yields later ticked up some, though the Greenback remained […]
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EVENING 5: Five things you need to know today
EVENING 5: New daily Covid-19 cases jump to 4,498 Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….
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Glove maker Careplus 1Q net profit soars to record of RM123.54m, declares two sen dividend
KUALA LUMPUR (May 7): The fat 51% profit margin boosted Careplus Group Bh’s net profit to a record high of RM123.54 million for the first…
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MCO 3.0: Jogging, cycling and exercising in open areas allowed from tomorrow
KUALA LUMPUR (May 7): Sports and recreational activities done in open areas without physical contact like jogging, cycling, exercising and others that comply with physical…
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Genting, S P Setia, Scientex, Marine and General, Amprop, WCT, EP Manufacturing, Careplus, Pharmaniaga and Malaysia Smelting Corp
KUALA LUMPUR (May 7): Based on corporate announcements and news flow today, stocks in focus for Monday (May 10) may include the following: Genting Bhd,…
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C&C Bintang privatisation offer deadline extended for second time to May 21 as share price soars above takeover price
KUALA LUMPUR (May 7): Cycle & Carriage Bintang Bhd’s (C&C Bintang) minorities will have more time to decide to take up the takeover offer of…
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Covid-19: Malaysia’s healthcare system at breaking point again as active cases near 35,000 mark
KUALA LUMPUR (May 7): Malaysia’s active cases, which carry high transmission risks, surged to 34,789 cases, up 5,562 cases from 29,227 a week ago. This is…
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Government green-lights Boustead Group to continue littoral combat ship project
KUALA LUMPUR (May 7): The government has agreed for the Boustead Group to continue with the Littoral Combat Ship (LCS) project which has been delayed…
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Another reboot — can Malaysia Airlines get it right this time?
KUALA LUMPUR (May 8): Malaysia Airlines Bhd (MAB) recently pulled off an impressive RM15 billion debt restructuring exercise — which saw it eliminate RM10 billion…
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AirAsia’s Tony Fernandes, Facebook’s Sheryl Sandberg join anti-death penalty campaign
(May 8): Sheryl Sandberg and Marc Benioff, two of the tech world’s biggest names, signed on with a coalition of corporate leaders who are pushing…
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Genting-owned Resorts World Las Vegas said to have received licence approval recommendation from regulators
KUALA LUMPUR (May 8): Genting Bhd-owned Resorts World Las Vegas, which is set to open on June 24, 2021, is reported to have received the…
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XE Market Analysis: Europe – May 06, 2021
Narrow ranges have been prevailing into tomorrow’s April nonfarm payrolls report out of the U.S., alongside a number of other data releases and monetary policy decisions from the Norges Bank and BoE. There are also local elections in the UK which have the potential to embolden the Scottish independent movement. The pandemic remains a concern […]
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XE Market Analysis: North America – May 06, 2021
The dollar has mostly been plying narrow ranges have been prevailing into tomorrow’s April nonfarm payrolls report out of the U.S., alongside a number of other data releases and a monetary policy decisions from the BoE. There are also local elections in the UK which have the potential to embolden the Scottish independent movement. EUR-USD […]
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XE Market Analysis: Asia – May 06, 2021
The Dollar was range bound through Thursday’s N.Y. session, leaving the DXY within a 91.06 to 90.90 trading band Lower jobless claims and higher productivity had little impact, as the FX market was largely sidelined ahead of the key April jobs report on Friday. Wall Street and Treasury yields were pretty much idled as well, […]