News

(Dec 11): Investors in Asia were set to push stocks lower on Friday as concerns about U.S. stimulus and climbing COVID-19 cases weighed globally on…

KUALA LUMPUR (Dec 11): Petroliam Nasional Bhd (Petronas) confirmed today the Malaysian national oil company yesterday successfully pared down its shareholdings in MISC Bhd and…

KUALA LUMPUR (Dec 11): The ringgit extended yesterday’s gains to trade higher against the US dollar today, supported by improving oil prices, said an analyst.  At 9am, the…

BENGALURU/CHICAGO/MAPLEWOOD (Dec 10): A panel of outside advisers to the U.S. Food and Drug Administration on Thursday voted overwhelmingly to endorse emergency use of Pfizer’s coronavirus…

KUALA LUMPUR (Dec 11): IHH Healthcare Bhd, Asia’s most valuable hospital group, said it is ready to administer coronavirus vaccine once they are rolled out…

KUALA LUMPUR (Dec 11): Shares in AirAsia X Bhd (AAX) and AirAsia Group Bhd rose this morning after the group said it was in discussion with India-based…

BEIJING/TOKYO/SEOUL/MANILA/TAIPEI/JAKARTA/DHAKA/HANOI (Dec 11): Trial data from Pfizer Inc with partner BioNTech SE, Moderna Inc and AstraZeneca Plc has shown their experimental vaccines are effective in preventing…

KUALA LUMPUR (Dec 11): The High Court here has fixed Feb 8 and 9, 2021 to hear the prosecution’s application to forfeit luxury items such…

KUALA LUMPUR (Dec 11): The FBM KLCI settled up 30.16 points or 1.82% at 1,684.55 before the afternoon break on Bursa Malaysia today as news of progress…

KUALA LUMPUR (Dec 11): Bursa Malaysia’s Financial Services index rose over 4% to snatch the top percentage gainer spot from the energy gauge in mid-morning trade today…

The dollar and yen have traded softer against most other currencies as risk appetite picked back up. All three of the principal U.S. equity indices hit all time highs yesterday, with the S&P 500 and Nasdaq closing at record high levels. Their respective futures are showing moderate gains in overnight trading. The MSCI Asia-Pacific (ex-Japan) […]

The dollar and yen have traded softer against most other currencies as risk appetite picked back up. All three of the principal U.S. equity indices hit all time highs yesterday, with the S&P 500 and Nasdaq closing at record high levels. Their respective futures are showing moderate gains in overnight trading. The pan-Europe Stoxx 600 […]

The Dollar found some traction in N.Y. on Wednesday, seeing the DXY peak at 91.20, up from 90.77 early in the session. A soggy risk backdrop provided some support to the USD, following more than a month of surging global equity markets, which weighed heavily on the Greenback during that time. The Dollar may continue […]