News

(Feb 18): Some of Singapore’s most desirable houses come with a catch: only locals can own them. That foreign buyers — notably from China — who…

(Feb 18): At the close of this year’s annual gathering of the transatlantic security community in Munich Sunday, its organizer Wolfgang Ischinger –- a former…

(Feb 18): Political tension has emerged as a threat to the domestic economic drivers Thailand is relying on amid a global slowdown. A push to disband…

KUALA LUMPUR (Feb 18): Global sales of semiconductors surpassed one trillion units for the first time ever in 2018, according to the US-based Semiconductor Industry…

KUALA LUMPUR: Corporate earnings in Malaysia are expected to remain low in 2019, albeit slightly better than 2018, say analysts. They say that growth is expected…

KUALA LUMPUR (Feb 18): The FBM KLCI ticked up in early trade this morning, tracking gains at regional markets, lifted by key index-linked stocks including…

KUALA LUMPUR (Feb 18): Foreign funds withdrew RM369.2 million from Malaysian equity on Bursa Malaysia, compared to a net inflow of RM163.2 million the prior…

KUALA LUMPUR (Feb 18): The FBM KLCI pared some of its gains at mid-morning today and appeared to be struggling to cross the 1,700 threshold. At…

KUALA LUMPUR (Feb 18): Ringgit approaches its strongest level in more than six months as Brent crude extends gains and traders applaud signs of progress…

SEREMBAN (Feb 18): Tolerance as practised by all Malaysians is the key to development and peace in the country, Prime Minister Tun Dr Mahathir Mohamad…

KAJANG (Feb 16): The atmosphere was lively in the vicinity of the nomination centre for the Semenyih state by-election as the supporters of the potential…

SEMENYIH (Feb 16): It’s a four-cornered contest in the Semenyih State by-election on March 2, between Pakatan Harapan (PH), Barisan Nasional (BN), Parti Sosialis Malaysia…

KUALA LUMPUR (Feb 16): Finance Minister Lim Guan Eng said that clarity and certainty provided by the Government in recalibrating the economy towards high-quality growth…

KUALA LUMPUR (Feb 16): The Employees Provident Fund (EPF) has declared a dividend rate of 6.15 percent for Conventional Savings 2018, with payout amounting to…

KUALA LUMPUR (Feb 16): The Malaysian Government has been informed of the postponement of Saudi Arabian Crown Prince Mohammed bin Salman’s visit to Malaysia which…

KUALA LUMPUR (Feb 16): PAS has decided not to support UMNO in the Semenyih State assembly by-election, said Prime Minister Dr Mahathir Mohamad today. The Parti…

The Dollar has traded mixed, while a side theme of net Yen outperformance has been seen. EUR-USD has been plying a narrow range in the upper 1.1200s. The Pound steadied after tumbling late yesterday after UK Prime Minister was humiliated again, losing a symbolic, but not legally binding, Brexit vote in parliament. USD-JPY posted a […]

The Dollar majors have been trading without clear direction. Yen firmness was a theme during the Tokyo session, before the currency ebbed back as risk appetite in stock markets improved. USD-JPY printed a four-day low at 110.25 before recouping to the 110.50 area. EUR-USD, meanwhile, plied a narrow range in the upper 1.1200s, holding comfortably […]

OVERVIEW The US dollar moves higher on positive trade talks between Beijing and Washington The British pound remains under pressure, trading in negative territory this week as the UK House of Commons continues to find the right BREXIT formula. NYMEX WTI Crude returns to a 12-week high, up 1.95% on the day.

The Dollar index pulled back from near one-month highs in N.Y. on Friday, dipping just under 97.00, after peaking at 97.37 early in the session. Pre-weekend profit taking was a driver, coming as the U.S. and China extended trade talks through next week in Washington. The news reversed some of the Greenback’s safe-haven flows seen […]