News
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GameStop frenzy reveals potential for broader market stress
NEW YORK (Feb 5): As the trading frenzy in GameStop Corp shares and other social media favorites recedes, investors are eyeing signs of potential market stress…
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Amending Act to improve workers accommodation will raise business costs
KUALA LUMPUR (Feb 6): Migrant workers might not be the source of cheap labour in Malaysia soon. The Government’s proposed amendment of the Workers’ Minimum Standards…
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Strong catalysts expected to push up Bursa next week
KUALA LUMPUR (Feb 6): Bursa Malaysia is expected to trade higher next week, riding on strong catalysts including the US’ US$1.9 trillion (RM7.73 trillion) Covid-19 relief…
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With CNY a week away, retail and apparel bodies say review of shopping SOPs desperately needed
(Feb 5): The shopping mall and retail industries and all businesses in our malls were initially relieved with the initial announcement that all business will…
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Covid-19: Selangor recorded highest infectivity rate, says health DG
KUALA LUMPUR (Feb 6): Selangor recorded the highest daily Covid-19 infectivity rate (Rt) in the country at 1.13 as of yesterday, said health director-general (DG) Tan…
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Najib to file defamation suit against Tommy Thomas and book publisher, says lawyer
KUALA LUMPUR (Feb 6): Former premier Datuk Seri Najib Razak will file a legal action against former Attorney General (AG) Tan Sri Tommy Thomas over an allegedly defamatory statement…
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Improvements urgently needed in management of mild cases of Covid-19 and close contacts — MMA
KUALA LUMPUR (Feb 6): Improvements are urgently needed in the Ministry of Health’s (MoH) handling of Covid-19 patients in Categories 1 and 2 — meaning those…
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Covid-19: Malaysia logs 3,847 new infections, pushing active cases past 50,000 mark for first time
KUALA LUMPUR (Feb 6): Malaysia logged 3,847 new Covid-19 cases today — marking two consecutive days of daily infections staying above the 3,000 mark — bringing…
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Covid-19: 12 new clusters detected, including Industri Kampung Baru in Selangor with 167 infections
KUALA LUMPUR (Feb 6): The Ministry of Health (MoH) detected 12 new Covid-19 clusters in the past 24 hours, health director-general Tan Sri Dr Noor Hisham…
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Malaysia, Indonesia to formulate best strategic framework to protect oil palm industry, says minister
PUTRAJAYA (Feb 6): Malaysia will discuss with Indonesia to formulate the best strategy to protect the oil palm industry of both countries in the near future,…
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XE Market Analysis: Asia – Feb 04, 2021
The DXY printed its fourth consecutive higher daily high in N.Y. on Thursday, topping at a fresh one-year peak of 91.58, up from 91.52 at the open. A stronger ADP jobs report, along with a surge in factory orders supported, though the main themes of firmer Treasury yields, upped odds for a massive stimulus bill, […]
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XE Market Analysis: Europe – Feb 05, 2021
The DXY dollar index has edged out a fresh two-month high, this time at 91.60, in what is its fifth consecutive up day, underpinned by an improving yield advantage relative to the euro and other peers (with UK gilt yields being the main exception). EUR-USD printed a new two-month low at 1.1952.The 10-year U.S. note […]
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XE Market Analysis: North America – Feb 05, 2021
The dollar has traded more mixed today, with the pound and dollar bloc holding their own. The DXY dollar index has edged out a fresh two-month high, this time at 91.60, in what is its fifth consecutive up day, underpinned by an improving yield advantage relative to the euro and other peers (with UK gilt […]
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