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KUALA LUMPUR (April 22): Bursa Malaysia rebounded today, mirroring the recovery in overnight US markets. All indices and sectoral indices were in green territory, with the FBM…

The dollar has diverged from U.S. yields, with the greenback, as measured by the narrow trade-weighted DXY index, extending yesterday’s steep decline in posting a fresh seven-week low at 90.88. The index is now down by a cumulative 2.8% from the five-month highs that were seen in late March. Today’s decline marks a break from […]

The dollar’s softening bias has remained in play, though USD-JPY has been the exception, with yen losses having been of slightly greater magnitude to the declines the dollar has seen versus other currencies. Both the dollar and yen posted fresh lows against the euro, sterling, Australian dollar, among other currencies. The narrow trade-weighted DXY index […]

After hitting trend lows into the open, the DXY recovered some ground through the N.Y. session on Tuesday. The index headed from six-week lows of 90.89 to 91.22 early in the session. Risk-off conditions brought a round of safe-haven Dollar buying to bear, despite Treasury yields dipping lower. Wall Street was on track for its […]

KUALA LUMPUR (April 20): Kossan Rubber Industries Bhd reported today a record high quarterly net profit of RM1.04 billion for the first quarter ended March…

EVENING 5: Kossan earnings top RM1b for first time Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1….

BARELY a year after it was listed on the Main Market of Bursa Malaysia, Mr DIY Group (M) Bhd’s market valuation has eclipsed that of…

DAGANG Nexchange Bhd (DNex), the information technology and trade facilitation services company that has won the bid for SilTerra Malaysia Sdn Bhd, is confident that…

KUALA LUMPUR (April 20): Based on corporate announcements and newsflow today, companies in focus tomorrow (Wednesday April 21) may include:  Kossan Rubber Industries Bhd, KIP…

NEW YORK (April 21): Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travel-related…

  NEW YORK (April 21): Crude futures settled lower on Tuesday, pulling back from one-month highs, on fears that India, the world’s third-biggest oil importer, may…

KUALA LUMPUR (April 21): Kossan Rubber Industries Bhd’s share price rose over 6% in morning trade on Bursa Malaysia today after the glove maker declared…

KUALA LUMPUR (April 21): MEX II Sdn Bhd has deferred coupon payment due on April 30, 2021 for the highway operator’s RM150 million junior bonds…

KUALA LUMPUR (April 21): Bursa Malaysia opened lower on Wednesday amid a soft lead from the overnight Wall Street. At 9.05am, the FTSE Bursa Malaysia KLCI…

The dollar has remained soft in concert with heavy U.S. Treasury yields. Ranges have been narrow, though the DXY dollar index still edged out a one-month low at 91.50, extending the decline from the five-month high that was seen in late March at 93.44. The 10-year Treasury note yield has at the same time settled […]

The dollar took a fresh step lower in concert with heavy U.S. Treasury yields. The DXY dollar index fell 0.5% in what is now the third consecutive week of decline, and posted a seven-week low at 91.08, extending the drop from the five-month high that was seen in late March at 93.44. The 10-year Treasury […]

The Dollar was relatively steady in N.Y. trade on Monday, though had lost significant ground overnight, as Treasury yields slipped to five-week lows. The DXY printed six-week lows of 91.03, later managing a high of 91.22. There was no U.S. data to move markets. Wall Street headed lower, pulling back from record highs seen in […]