22 Covid-19 cases detected at AME Elite’s migrant worker dormitories
KUALA LUMPUR (Jan 18): Twenty-two Covid-19 cases have been found among migrant worker tenants staying at AME Elite Consortium Bhd’s worker dormitories in Kulai and…
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China's economy picks up speed in 4Q, ends 2020 in solid shape after Covid-19 shock
BEIJING (Jan 18): China’s economy picked up speed in the fourth quarter (4Q), with growth beating expectations as it ended a rough coronavirus-striken 2020 in…
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Najib, Zahid court trials postponed due to MCO 2.0
KUALA LUMPUR (Jan 18): The court trials involving former prime minister Datuk Seri Najib Razak and former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi, previously…
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PM: Malaysia to meet target of vaccinating 80% of population by 1Q22
KUALA LUMPUR (Jan 18): Malaysia is confident of meeting its target of vaccinating more than 80% of its population or close to 27 million people…
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Samsung's Lee receives 30-month prison term in bribery trial
SEOUL (Jan 18): A South Korean court sentenced Samsung Electronics vice chairman Jay Y Lee to two-and-a-half years in prison on Monday, which could delay…
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Khairuddin sues Muhyiddin over legitimacy of emergency proclamation
KUALA LUMPUR (Jan 18): Former Umno leader Datuk Seri Khairuddin Abu Hassan has filed a suit against Prime Minister Tan Sri Muhyiddin Yassin, questioning the…
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KLCI finishes 1.08% lower as banks dip on expectation of BNM rate cut
KUALA LUMPUR (Jan 18): The FBM KLCI lost 17.49 points or 1.08% to 1,609.52 today, as investors took profit on banking stocks ahead of Bank…
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Covid-19: Malaysia reports 3,306 new cases, with four deaths
Covid-19: Malaysia reports 3,306 new cases, with four deaths …
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Govt unveils RM15b PERMAI stimulus package for MCO 2.0
KUALA LUMPUR (Jan 18): The government has unveiled PERMAI, its fifth economic stimulus package to date, worth RM15 billion spread over 22 initiatives aimed at…
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Japanese Yen Technical Forecast: USD/JPY Triangle Builds into Wedge
USD/JPY has built a short-term wedge inside of a longer-term triangle – but which one should a trader bias?
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Sterling (GBP) Weekly Forecasts: GBP Supported by Covid Vaccination Hopes
Sterling continues to nudge higher against most major currencies with traders placing their trust in the ongoing UK vaccination plan.
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Crude Oil Technical Outlook: Pullback at Hand Before Next Leg Higher?
Crude oil prices are poised to continue their upward trajectory in 2021, but technical signals hint that a near-term pullback may precede the next major push higher.
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Mexican Peso Technical Forecast: USD/MXN Picks Up Buyer Support
USD/MXN continues consolidation as bearish momentum eases and bias attempt to turn to the upside.
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US Dollar Outlook: USD Surges as Index Rebounds off Trend Support
The Dollar’s first major counteroffensive since September takes the index more than 1.6% off the monthly low. Here are the levels that matter on the DXY technical chart.
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Covid-19: Malaysia's daily cases top 4,000 for the first time at 4,029, with eight more deaths
KUALA LUMPUR (Jan 16): Malaysia’s daily Covid-19 cases topped 4,000 for the first time today at 4,029, which pushed the cumulative number of confirmed infections…
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Reason behind proclamation of emergency 'hardly legitimate' and sets a dangerous precedent, says lawyer group
KUALA LUMPUR (Jan 17): A group of 10 prominent lawyers said today the government has set a dangerous precedent for the use of proclamations when…
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XE Market Analysis: North America – Jan 15, 2021
The dollar has traded moderately firmer, while modest weakness has been seen in the euro and yen, alongside a smidgen of firmness in the Canadian dollar. EUR-USD edged out a two-day low at 1.2136, which is 4 pips shy of the 24-day low that was seen earlier in the week. A lift in the 10-year […]
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XE Market Analysis: Asia – Jan 15, 2021
The Dollar rallied in N.Y. on Friday, seeing the DXY print one-month highs of 90.77, up from 90.43 in early trade. Despite some data misses and lower Treasury yields, the USD posted gains against all major currencies. Hopes for a more efficient rollout of Covid vaccines, and a quicker economic recovery supported the Greenback. Wall […]
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