News

KUALA LUMPUR (March 18): Ringgit strengthens for the first time in four days as the dollar falls and gains in Asian equities bolster sentiment. An…

FRANKFURT (Mar 18): A merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the head of labor union Verdi said in a…

SINGAPORE (Mar 18): Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in…

The Dollar has traded softer, thanks to a bout of selling during the Asian session earlier. USD-JPY led the move, with the pair turning quite sharply lower after printing a nine-day high of 111.90. While the decline mostly reflected U.S. currency weakness, a report by Russian news agency TASS that North Korea is considering suspending […]

The Dollar has taken a downward turn, reversing some of the gains the currency saw yesterday. This has seen EUR-USD lift back above 1.1300, although yesterday’s 10-day high at 1.1338 has remain unchallenged so far. USD-JPY turned quite sharply lower after printing a nine-day high of 111.90. The decline mostly reflected a bout of dollar […]

OVERVIEW British ministers voted by a 211 vote majority to delay  Brexit Article 50 The US dollar takes a small step back in advance of next week’s meetings of the Federal Bank executives. Canadian manufacturing sales in February were up sharply by 1.0%, yet the loonie remains mostly unchanged.   HIGHLIGHT

Softer U.S. data along with lower Treasury yields dented the Dollar in N.Y. on Friday. The DXY pulled back from 96.79 highs to 96.49 lows into the London close. The Empire State index and industrial production missed the mark early on, though the Greenback perked up some following the better U. Michigan consumer sentiment outcome. […]

KUALA LUMPUR (March 15): The non-performing assets held by Lembaga Tabung Haji (LTH) have been transferred to Urusharta Jamaah Sdn Bhd, which is wholly owned…

KUALA LUMPUR (March 15): Supported by share price increases in Hartalega Holdings Bhd and Top Glove Corp Bhd, the FBM KLCI gained 6.02 points or…

PUTRAJAYA (March 15): Ex-premier Datuk Seri Najib Razak’s lawyer Tan Sri Muhammad Shafee Abdullah told the Court of Appeal today that his client wanted another…

PUTRAJAYA (March 15): No Malaysians were reported to be among fatalities in the shooting incidences at Al-Noor Mosque and Linwood Mosque in Christchurch, New Zealand, said Malaysia’s…

WASHINGTON (March 15): A screw-like device found in the wreckage of the Boeing Co. 737 Max 8 that crashed Sunday in Ethiopia has provided investigators…

PETALING JAYA (March 15): Perbadanan PR1MA Malaysia (PR1MA) received bookings for more than 1,600 units nationwide, worth over RM400 million, the units were booked between…

KUALA LUMPUR (March 15): The Malaysian Communications and Multimedia Commission (MCMC) has warned of legal action against those who share or circulate a video recording…

KUALA LUMPUR (March 15): Selangor Properties Bhd, whose controlling shareholder is in the midst of taking it private at RM6.30 per share, announced that it…

KUALA LUMPUR (March 15): Based on corporate newsflow and announcements today, stocks in focus on Monday (March 18) may include: Asdion Bhd, Boustead Holdings Bhd,…

KUALA LUMPUR (March 16): Nearly five months after taking the hot seat at the Securities Commission Malaysia (SC), chairman Datuk Syed Zaid Albar is charting…

The Pound has come off the boil after surging on the unexpected passage of a motion, which hadn’t even been expected to be selected by the House Speaker to be voted on, that rejects a no-deal Brexit under any scenario. The vote split was close, at 312 to 308. In the original vote on a […]

The Dollar has traded generally firmer, rebounding after several successive days of decline. The narrow trade-weighted USD index has gained 0.3% in making a high of 96.77, while EUR-USD has concurrently ebbed to a low of 1.1301, off from yesterday’s nine-day high at 1.1338, which was seen after soft U.S. PPI figures. Final February Eurozone […]

OVERVIEW DXY Index is up 0.25% as US Administration signals deal with China is close but not yet done. GBP/USD remains choppy with MPs voting to extend Article 50. NYMEX Oil climbs to four-month high over supply concerns.

The Dollar was rangebound through the N.Y. session on Thursday, leaving the DXY inside a 96.82 to 96.69 trading bans. Cable chopped around between 1.3289 and 1.3223, with the lows coming after the U.K. parliament voted to delay Brexit. EUR-USD bottomed at 1.1295, managing a high of just 1.1310 into the London close. USD-JPY rose […]

KUALA LUMPUR (March 15): European Commission should lift restrictions on palm-biofuel as it’ll greatly hurt livelihood of palm oil smallholders and eventually drive them to…

BEIJING (Mar 15): China can use reserve requirements and interest rates to support economic growth, Premier Li Keqiang said on Friday, promising efforts to prevent…

KUALA LUMPUR (March 15): The FBM KLCI ticked up 0.16% at midday break today, although overall sentiment at the local market was somewhat wary. At 12.30pm,…

KUALA LUMPUR (Mar 15): Malaysia Airlines is reviewing its order for 25 Boeing 737 MAX aircraft after recent crashes involving the model, the airline said…

KUALA LUMPUR (March 15): AirAsia X Bhd chief executive officer Benyamin Ismail said Melbourne’s Avalon Airport is now the long-haul budget airline’s largest destination in…

WELLINGTON (March 15): New Zealand police detained four people on Friday after mass shootings at two mosques in the city of Christchurch. “Four are in custody….

KUALA LUMPUR (March 15): AirAsia Group Bhd chief executive officer Tan Sri Tony Fernandes said this quarter will show strong performance from all its Asean…