The Dollar overall ended up little changed overall in N.Y. on Wednesday, though was choppy and largely range bound. The DXY printed a near one-month low ahead of the open, but managed to recover some in late morning trade. Incoming data, aside from a softer industrial production print, was solid, seeing initial jobless claims drop […]
KUALA LUMPUR (April 15): Khazanah Nasional Bhd has completed a placement of 53.8 million shares in Telekom Malaysia Bhd (TM), raising gross proceeds of RM312…
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PUTRAJAYA (April 15): The prosecution in Datuk Seri Najib Razak’s SRC International Sdn Bhd appeal hearing at the Court of Appeal today has questioned the…
KUALA LUMPUR (April 15): New Covid-19 cases in Malaysia increased further today to breach the 2,000 mark with 2,148 cases as Sarawak reported the highest…
KUALA LUMPUR (April 15): Citigroup Inc (Citi) is exiting retail banking in Malaysia, alongside 12 other markets across two regions, Asia and Europe, the Middle…
EVENING 5: MoH proposes delaying lifting interstate ban Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. The…
KUALA LUMPUR (April 15): Based on corporate announcements and news flow today, companies in focus tomorrow (April 16) may include: Malaysian Resources Corp Bhd, Kejuruteraan…
(April 15): Reuters News on Thursday unveiled a new subscription website as part of a broad initiative to court business professionals. In addition to targeting its…
NEW YORK/BENGALURU (April 16): The Dow industrials closed above 34,000 for the first time on Thursday as the blue-chip benchmark and S&P 500 posted fresh…
NEW YORK (April 16): Oil prices edged up to fresh four-week highs on Thursday on positive U.S. economic data and higher demand forecasts from the…
The dollar has remained under pressure following the 8 bp drop in the 10-year U.S. Treasury yield yesterday, which came despite above-forecast CPI data. Yields have ticked slightly higher so far today, but remain near one-month lows at this maturity. Markets have evidently bought into the Fed’s view that inflation will remain contained beyond the […]
The dollar has remained under pressure following the 8 bp drop in the 10-year U.S. Treasury yield yesterday, which came despite above-forecast CPI data. Yields have ticked slightly higher so far today, but remain near one-month lows at this maturity. Markets have evidently bought into the Fed’s view that inflation will remain contained beyond the […]
The Dollar was softer through the N.Y. session on Wednesday, heading mostly lower despite an uptick in Treasury yields. The relative stability of yields this week has seen profit taking weigh down the Greenback, which had run up starting in late March as Treasury yields soared to 14-month highs on the back of inflation concerns. […]