News

NEW YORK (Feb 27): Oil prices fell on Friday as the US dollar rose while forecasts called for crude supply to rise in response to…

KUALA LUMPUR (Feb 27): Bursa Malaysia is anticipated to re-test the 1,600-level next week, with recovery-theme and vaccine-related stocks likely to be in focus following…

KUALA LUMPUR (Feb 27): The ringgit may continue to be pressured downward against the US dollar next week if the US Treasury yields remain elevated…

SEPANG (Feb 27): Malaysia today took delivery of the Sinovac vaccine, another brand of the Covid-19 vaccine it has procured, almost a week after it…

KUALA LUMPUR (Feb 27): PLUS Malaysia Bhd’s wholly-owned subsidiary Projek Lebuhraya Usahasama Bhd will convene an “informal call” with the holders of the latter’s RM23.35 billion…

KUALA LUMPUR (Feb 27): The Employees Provident Fund (EPF) declared a 5.2% dividend for conventional savings and 4.9% dividend for shariah savings for pandemic-hit 2020. Total…

KUALA LUMPUR (Feb 27): Members saving their retirement fund with the Employees Provident Fund (EPF) should have a say if there is a change in…

KUALA LUMPUR (Feb 27): Now that the Covid-19 vaccines are here, Malaysia’s tourism industry, which has been battered, is finally heading for a recovery, or…

KUALA LUMPUR (Feb 27): Malaysia reported today 2,364 newly-confirmed Covid-19 cases, which brought the total number of infected individuals in the country to 298,315 so…

NEW YORK (Feb 27): Warren Buffett’s Berkshire Hathaway Inc on Saturday said quarterly operating income rose 14%, aided by improved results from its insurance businesses,…

The DXY printed fresh seven-week lows of 89.68 in N.Y. morning trade on Thursday, despite better U.S. data, which included lower than expected jobless claims, an in-line Q4 GDP revision, and a surge in durable orders. The data had little impact on the Dollar, as focus remained on inflation, with higher Treasury yields being read […]

The dollar and yen rallied as a risk-off theme coursed through global markets, with equity markets, commodities, including base metals and oil, all tumbling. The sharp spike in U.S. and most other sovereign yields this week and the associated concerns about inflation have driven the correction in risk assets and currencies.

The dollar and yen rallied as a risk-off theme coursed through global markets, with equity markets, commodities, including base metals and oil, all tumbling. The sharp spike in U.S. and most other sovereign yields this week and the associated concerns about inflation have driven the correction in risk assets and currencies.

(Feb 26): Former President Donald Trump will reassert himself as the Republican Party’s undisputed leader with a weekend speech to conservatives that highlights the disconnect between…