News

The Dollar traded lower in N.Y. on Monday, taking the DXY to two-plus month lows of 95.64. A softer than expected services ISM had little impact. Wall Street was higher on hopes for trade progress between the U.S. and China. EUR-USD ranged between 1.1439 and 1.1486, while USD-JPY peaked at 108.68, bucking the trend, as […]

The Dollar has traded firmer, recouping some of the ground lost yesterday, with market participants eyeing the upcoming release of the latest JOLTS and consumer credit reports later today, both of which are likely affirm the U.S. labour market as being in rude health. The USD index (DXY) recovered more than half of yesterday’s losses […]

The Dollar has traded moderately firmer against most currencies. The main exception was the Canadian Dollar, which outperformed on the back of continued firmness in oil prices. USD-CAD, now in its fifth consecutive day of descent, posted a one-month low at 1.3267. The USD index (DXY), meanwhile, recovered over half of yesterday’s loss in printing […]

OVERVIEW The greenback tries to recover from its lowest levels in four weeks, up by 0.30% Investors are becoming optimistic about China-US trade talks, and are moving their funds out of safe haven assets. Gold is down by 0.60%. A barrel of NYMEX WTI Crude consolidates near a three-week high. HIGHLIGHT

The Dollar advanced modestly in early N.Y. trade on Tuesday, taking the DXY to 96.03 highs from 95.71 lows. Sentiment was buoyed by U.S.-China trade talks, which appear to be making some progress. The two sides added an extra day of negotiations on Wednesday. Wall Street rose for the third consecutive day. EUR-USD was range […]

KUALA LUMPUR (Jan 8): Bursa Malaysia Bhd has introduced a slew of new trading features, including market order at pre-closing, to enable investors to execute…

SINGAPORE (Jan 8): Malaysia is looking into allegations that China offered to help deter probes into 1MDB in exchange for infrastructure projects, after the Wall…

HONG KONG/HARBIN, China (Jan 8): At the Siberia Tiger Park in the frigid Chinese city of Harbin, visitors can learn about the facility’s successful breeding…

KUALA LUMPUR (Jan 8): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today his ministry has not received the list of potential candidates for…

KUALA LUMPUR (Jan 8): The FBM KLCI dipped 6.41 points or 0.38% to close at 1,672.76 today, led by Hartalega Holdings Bhd and Top Glove…

KUALA LUMPUR (Jan 8): China, in dismissing a Wall Street Journal report that alleged it had offered to bail out 1Malaysia Development Bhd (1MDB) in…

KUALA LUMPUR (Jan 8): Former Prime Minister Datuk Seri Najib Razak has denied a news report that senior Chinese leaders had in 2016 offered to…

TOKYO (Jan 8): The rapidly-changing global pharmaceutical landscape reached another milestone Tuesday as Takeda Pharmaceutical Co completed its US$62 billion acquisition of Shire Plc. Takeda’s purchase…

KUALA LUMPUR (Jan 8): A former top Tourism Malaysia official with a ‘Datuk’ title has been arrested by the Malaysian Anti-Corruption Commission (MACC), according to…

KUALA LUMPUR (Jan 8): Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (Jan 9) may include the…