News

(Sept 16): Some of the world’s wealthiest people have sold more than US$3 billion of stakes in their major holdings since August, diversifying their fortunes…

The Dollar weakened some in morning N.Y.. trade on Monday, seeing the DXY dip to 92.88 from pre-opening levels of 93.19. There was no data to drive the FX market, though it appeared risk-on conditions for a time at least prompted some safe-haven USD selling. Wall Street rallied sharply, as vaccine hopes and new tech […]

The dollar and yen softened against their peers amid a background theme of mostly higher stock markets. The main U.S. equity indexes closed on Wall Street yesterday with gains of over 1%, and S&P 500 mini is up 0.5% in overnight trading. Most Asia stock markets also gained, though some markets, including Japan and Australia, […]

The dollar softened against its peers amid a background theme of rallying global stock markets. The USD index (DXY) printed a five-day low at 92.79, while EUR-USD concurrently pegged a five-day high at 1.1900. USD-JPY ebbed modestly lower and posted a 15-day low at 105.53. AUD-USD rallied by over 0.7% to a 12-day high at […]

(Sept 15): Douyin, the Chinese-market version of ByteDance Ltd.’s TikTok video-sharing app, surpassed 600 million daily active users in August, rising from 400 million at…

BEIJING (Sept 15): Coronavirus vaccines being developed in China may be ready for use by the general public as early as November, an official with…

(Sept 15): ByteDance founder and CEO Yiming Zhang’s decision to drop his pursuit of a sale of TikTok’s U.S. operations to Microsoft Corp in favor…

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had used part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) —…

KUALA LUMPUR (Sept 15): Datuk Rizal Mansor today denied that the RM5 million cash from Jepak Holdings Sdn Bhd that was delivered to Seri Perdana,…

KUALA LUMPUR (Sept 15): Malaysia today reported 23 new Covid-19 cases — of which 10 were imported and 13 were local transmissions — bringing the…

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had pressured former 1Malaysia Development Bhd (1MDB) chief executive officer Mohd Hazem Abdul Rahman…

KUALA LUMPUR (Sept 15): The FBM KLCI marked its third consecutive trading day of gains today, lifted in particular by advances at Hartalega Holdings Bhd…

EVENING 5: Witness: ‘Najib pressured me to change auditors’ Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Datuk…

KUALA LUMPUR (Sept 15): Prime Minister Tan Sri Muhyiddin Yassin tonight reminded the people that the Movement Control Order (MCO) may have to be reimposed…

Narrow ranges have been prevailing so far today. A backdrop of rallying stock markets haven’t inspired directional impetus in the forex realm. News that University of Oxford/AstraZeneca resumed its phase-3 trial of its candidate vaccine for the coronavirus was taken as a buying cue for stock investors. The trial had been paused last week after […]

The dollar has softened against its peers amid a risk-on backdrop on global stock markets. News that University of Oxford/AstraZeneca resumed its phase-3 trial of its candidate vaccine for the coronavirus was taken as a buying cue for stock investors. That plus news of a batch of major merger activity. The USD index (DXY) dropped […]