Bond rout reignites as bets on US stimulus overshadow Archegos
HONG KONG/LONDON/ATHENS (March 30): The US economic reopening trade is back in full force, sending 10-year Treasury yields to 1.77% for the first time since…
HONG KONG/LONDON/ATHENS (March 30): The US economic reopening trade is back in full force, sending 10-year Treasury yields to 1.77% for the first time since…
IF a company’s shares are considered a form of currency, many small cap companies have been minting money via a series of private placements of…
KUALA LUMPUR (March 30): The National Security Council (MKN) has decided that effective April 1, the ruling allowing only 30% of employees to work from…
KUALA LUMPUR (March 30): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 31) may include Top Glove Corp Bhd,…
BEIJING (March 30): The foreign ministers of four Southeast Asian countries will visit China from March 31 to April 2, Foreign Ministry spokesperson Hua Chunying…
(Mar 31): As the world faces an ongoing shortfall of chips, more Chinese companies from different sectors including automakers, smartphone manufacturers and home appliance producers,…
The dollar remained firm, matching the near five-month high that was seen last were at 92.92 by the measure of the DXY index. EUR-USD concurrently reversed Friday’s gain in posting a low at 1.1763, which is just 2 pips shy of the near five-month high that was seen last Thursday. ECB’s de Cos stressed that […]
The Dollar firmed up modestly through the N.Y. morning session on Monday, taking the DXY from early lows of 92.72 to a 92.96 high, to levels last seen in November of last year. Aside from the Dallas Fed index, which came in better than expected, there was no data. The release underpinned to USD to […]
KUALA LUMPUR (March 29): A year after the pandemic broke out, 45% out of 500 chief executive officers surveyed globally are not expecting things to…
Hwang’s Archegos Capital Management was forced by its lenders to dump more than US$20 billion of stocks on Friday in a series of market-roiling trades…
KUALA LUMPUR (March 29): After remaining range bound in cautious trading, the FBM KLCI recovered to close at the day’s high following the announcement of…
KUALA LUMPUR (March 29): Tan Chong Motor Holdings Bhd said it will be settling its RM180 million Royal Malaysian Customs Department (RMCD) bill out of…
KUALA LUMPUR (March 29): AirAsia Group Bhd posted a bigger-than-expected net loss of RM2.44 billion for the fourth quarter ended Dec 31, 2020 (4QFY20), after…
KUALA LUMPUR (March 29): Malaysia has paid SG$102.8 million (RM320.27 million) to Singapore for costs incurred for the development of the Kuala Lumpur-Singapore High-Speed Rail…
EVENING 5: CBP: Top Glove products made using forced labour Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
ISMAILIA/CAIRO, Egypt/SINGAPORE/AMSTERDAM (March 29): Shipping traffic through Egypt’s Suez Canal resumed on Monday, after a giant container ship which had been blocking the busy waterway…
KUALA LUMPUR (March 29) : Based on corporate announcements and news flow today, companies in focus on Tuesday (March 30) may include: Poly Glass Fibre…
KUALA LUMPUR (March 29): The US Customs and Border Protection (CBP) announced today that it has directed personnel at all US ports of entry to…