News

The main theme has been Yen softness so far today, which has been concomitant with a revival in risk appetite in global markets. A WSJ report, citing unnamed sources, alleged that U.S. Treasury Secretary Mnuchin discusses lifting some or all of the tariffs imposed on Chinese imports. The Treasury denied the report, but it makes […]

A risk-back-on theme in global markets found expression in forex markets by weakening the Yen. USD-JPY lifted to a 16-day high of 109.59, while EUR-JPY has printed a three-day high, and AUD-JPY a one-month peak. The Yen’s softness has been concomitant with a revival in risk appetite in global markets, which was sparked by WSJ […]

OVERVIEW  The Dollar Index is up 0.15%, looking towards a higher weekly close.  Risk-on sentiment returned and gold is trading 0.7% lower. World equity markets are in green. NYMEX WTI Crude marches higher 0.75% to trade near $52.50 a barrel. HIGHLIGHT

The Dollar rallied through the morning session in N.Y. on Friday, taking the DXY to two-week highs of 96.39. Gains came following news that China may ramp up purchases of U.S. goods over the next 6-years, with the goal of eliminating the current trade imbalance. EUR-USD dropped to 1.1352 lows from highs near 1.1410, while […]

WASHINGTON (Jan 18): North Korea’s lead negotiator in nuclear diplomacy with the United States is expected to hold talks with Secretary of State Mike Pompeo…

HONG KONG (Jan 18): Alibaba Group Holding Ltd is cutting its spending on travel and postponing some new hiring as China’s largest e-commerce company braces…

KUALA LUMPUR (Jan 18): Mesinaga Bhd has secured a contract worth RM1.9 billion for the Malaysia International Internet Gateway (EM-IIG) project undertaken by Xiddig Cellular…

PARIS (Jan 18): Renault expects to deliver sales growth in 2019, despite the imminent ouster of Chairman and Chief Executive Carlos Ghosn and tension with…

KUALA LUMPUR (Jan 18): The price of RON95 and RON97 petrol will increase by 6 sen from midnight today, to RM1.98 per litre and RM2.28…

(Jan 18): Netflix Inc must grow. It has no choice. Sharks must keep swimming, and Netflix needs to keep signing up as many newcomers as…

KUALA LUMPUR (Jan 18): The FBM KLCI closed higher for the second day running today following a news report that the Trump administration is considering…

KUALA LUMPUR (Jan 18): A boardroom tussle has surfaced at loss-making Inix Technologies Holdings Bhd, which announced today that it will convene an extraordinary general…

KUALA LUMPUR (Jan 18):  Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (Jan 22) may include the…

BANGALORE/MUMBAI (Jan 19): Reliance Industries Ltd will roll out its online shopping platform to 1.2 million retailers and store-owners in western India, starting on an…