News

KUALA LUMPUR (May 1): The minimum wage rate is being reviewed to ensure earnings of workers remain relevant with current economic conditions, said Prime Minister Tan…

(May 1): Berjaya Corp Bhd (BCorp) will announce a reorganisation in June to streamline its businesses, and it plans to sell off non-core assets, New Straits…

KUALA LUMPUR (May 1): The government should not announce another movement control order (MCO) in the Klang Valley at the last minute and without confirming the…

KUALA LUMPUR (May 1): Amanah lawmaker Mohamed Hanipa Maidin wants Home Affairs Minister Datuk Seri Hamzah Zainudin to be investigated after Inspector-General of Police (IGP) Tan…

KUALA LUMPUR (May 1): The ongoing movement control order (MCO) will be reviewed, especially in states experiencing a spike in positive Covid-19 cases, said Prime Minister Tan…

KUALA LUMPUR (May 1): Kuala Lumpur and Selangor residents who want to take the AstraZeneca Covid-19 vaccine will be able to book their slots from noon tomorrow on a…

KUALA LUMPUR (May 1): Malaysia reported 2,881 Covid-19 cases today, compared with 3,788 yesterday, raising the country’s total number of infections to 411,594. The number of Covid-19…

KUALA LUMPUR (May 1): The recent increase in the number of Covid-19 cases and the utilisation rate of health capacity in the Klang Valley are worrying, said Health director-general…

KUALA LUMPUR (May 2): Buoyed by the promise of history and adventure in Giles Milton’s book Nathaniel’s Nutmeg, Jarina Mohd Jani — a senior lecturer at the…

KUALA LUMPUR (May 2): Hotel transactions have slowed due to the Covid-19 pandemic but interest in Malaysian hotels has not waned. Property experts believe that hotel…

The dollar is trading with some buoyancy after basing at new trend lows yesterday. The narrow trade-weighted DXY USD index lifted back above 90.70 after printing a two-month low yesterday at 90.42. EUR-USD concurrently ebbed back to near the 1.2100 level from its two-month high at 1.2150, and USD-JPY settled slightly off yesterday’s 17-day high […]

The DXY dollar index lifted above its Thursday high while EUR-USD concurrently ebbed under 1.2100 from yesterday’s two-month high at 1.2150. The 10-year U.S. T-note yield, which remains a fixation for forex markets, continued to orbit around 1.650% — remaining up by over 10 bp on the lows that were seen last week. The dollar […]

FX trade was relatively quiet in N.Y. on Friday, though the Dollar was firmer overall, with short covering in effect into the weekend, and following the two-month DXY low printed on Thursday. Strong U.S. data helped sentiment as well, as income, spending, Chicago PMI and U. Michigan sentiment figures all beat consensus forecasts. The Dollar […]