FX trade was thin in N.Y. on Friday, as Europe and Canada were out for Good Friday. The Dollar did move modestly higher through the shortened session, aided by the solid non-farm payroll spike of 916k, versus the 613k consensus. Earnings disappointed, falling slightly, while the workweek rose more than expected, and the unemployment rate […]
KUALA LUMPUR (April 2): Malaysia and China have signed a memorandum of understanding (MoU) on the establishment of a high-level committee to promote cooperation in the…
KUALA LUMPUR (April 2): The FBM KLCI closed 2.17 points or 0.17% higher today on bargain hunting, tracking gains seen on regional bourses. At 5pm, the…
KUALA LUMPUR (April 2): Genting group is among a few strategic investors involved in the recent round of funding for financial technology company, Sightline Payments. Sightline…
HUALIEN, Taiwan (April 2): A Taiwan express train with almost 500 aboard derailed in a tunnel on Friday, killing at least 48 passengers and injuring…
KUALA LUMPUR (April 2): Malaysia reported 1,294 new Covid-19 cases today, up from 1,178 yesterday and the fourth straight day with more than 1,000 infections. Five…
KUALA LUMPUR (April 2): IHH Healthcare Bhd’s Turkey-based Acibadem Healthcare Group is acquiring a 70% stake in Bel Medic Group, a leading private healthcare operator…
KUALA LUMPUR (April 2): WCE Holdings Bhd has been granted a RM301 million contract by way of direct award for the construction of the final…
EVENING 5: AmBank’s private placement call raises concern Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Analysts…
KUALA LUMPUR (April 2): Based on corporate announcements and news flow today, companies in focus on Monday (April 5) may include: Dutch Lady Milk Industries…
(April 2): Singapore Prime Minister Lee Hsien Loong said he discovered that a blockchain platform used data from his Twitter profile without his permission or…
The Australian dollar led a correction in the dollar bloc currencies today, while most dollar pairings and cross rates saw relatively narrow ranges. Markets have been thinning out somewhat following the passing of month- and quarter-end yesterday, and into public holidays that will be seen in many Asian countries tomorrow, and in Australia, New Zealand, […]
The dollar has traded mixed, and mostly within narrow ranges as market activity abated into the long weekends that will commence tomorrow in Europe, Latin America, much of Asia, and Australia and New Zealand. One standout theme was an Australian dollar led correction in the dollar bloc currencies today, and another was a rebound in […]
After failing to make a fresh trend high, the DXY pulled back on Thursday, taking the index from overnight highs of 93.33 to 92.88 after the London close. A pullback in Treasury yields, along with position squaring into what will be a long weekend for many, were the likely drivers of USD softness. On the […]