News
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SRC appeal: Prosecution begins submissions, says Najib had personal interest in former 1MDB unit
PUTRAJAYA (April 14): The prosecution in the hearing of ex-prime minister Datuk Seri Najib Razak’s appeal here today against his conviction and sentencing with regard…
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Malaysia's new Covid-19 cases climb to 1,889, highest in 40 days
KUALA LUMPUR (April 14): Malaysia’s new Covid-19 cases climbed to 1,889 from 1,767 reported yesterday — the highest number of new infections recorded since March…
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KLCI ends marginally higher on last-minute buying
KUALA LUMPUR (April 14): The FBM KLCI reversed earlier losses to close marginally higher today on late buying support in selected index-linked counters. The benchmark…
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Prosecution says Najib's 'lame excuses' for not recovering frozen SRC funds shows personal interest
PUTRAJAYA (April 14): The prosecution told the Court of Appeal that former premier Datuk Seri Najib Razak’s “lame excuses” for not wanting anyone to retrieve…
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17 cases of South African B.1.351 Covid-19 variant detected
KUALA LUMPUR (April 14): Seventeen cases of the South African B.1.351 strain of Covid-19 virus have been detected in the country so far, said Health…
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EVENING 5: Five things you need to know today
EVENING 5: KDVT2 contractor allowed to challenge termination Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. The…
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Reservoir Link, Teladan Setia, Barakah Offshore, SCIB, Transocean, CN Asia, Homeritz and Widad
KUALA LUMPUR (April 14): Based on corporate announcements and news flow today, companies in focus tomorrow (April 15) may include: Reservoir Link Energy Bhd, Teladan…
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Bernard Madoff, mastermind of giant Ponzi scheme, dies at 82
WASHINGTON (April 14): Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than US$19…
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Wall Street ends mixed despite bumper big-bank earnings
NEW YORK/BENGALURU (April 15): Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for…
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From Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal
SINGAPORE (April 15): The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined…
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XE Market Analysis: Europe – Apr 13, 2021
The dollar picked up amid a backdrop of rising stock markets in Asia, which was sparked by respective 30.1% y/y and 38.1% y/y surges in Chinese exports and imports in March — data affirming a post-pandemic turnaround, with China benefiting from both a ‘first in first out’ status and a rebound in global activity. The […]
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XE Market Analysis: North America – Apr 13, 2021
The dollar picked up amid a backdrop of rising stock markets in Asia, which was sparked by respective 30.1% y/y and 38.1% y/y surges in Chinese exports and imports in March — data affirming a post-pandemic turnaround, with China benefiting from both a ‘first in first out’ status and a rebound in global activity. The […]
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XE Market Analysis: Asia – Apr 13, 2021
The DXY fell to three-week lows of 91.86 in N.Y. on Tuesday, down from 92.32 highs seen immediately following the warmer U.S. March CPI outcome. Treasury yields headed lower, despite the CPI rise, which ultimately weighed broadly on the Greenback. It appeared a case of sell-the-news set in for the USD, as the bond market’s […]
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