News

The Dollar rallied some in early N.Y. trade on Thursday, largely as short covering stepped in following the DXY’s move to one-month lows in Europe. U.S. government shutdown jitters, and another Wall Street swell-off later saw the Greenback retrace lower. Trump said he would not sign the latest continuing resolution, which would fund many government […]

The Dollar majors have posted narrow ranges so far today, amid thin year-end volumes. Risk aversion has remained the dominant theme in equity markets in Asia following another negative closing on Wall Street on the familiar mix of the U.S. v China standoff and concerns about slowing global growth, although some Asian bourses, including Hong […]

The Dollar has traded moderately firmer, recouping some of the lost ground seen during the midweek, while a concurrent theme has been a broader correction in the Euro, which corrected after outperforming yesterday. EUR-USD ebbed to the lower 1.1400s, putting in a little distance from the six-week high printed yesterday at 1.1485. EUR-JPY and other […]

OVERVIEW   The Greenback is trying to recover from its lowest levels in four weeks, up 0.28%   Safe-haven Yen strengthen to 15-week high amidst risk of global economic slowdown   A barrel of NYMEX WTI Crude dropped to $45.50, losing a quarter of its value year-to-date. HIGHLIGHT

KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) said today its international reserves amounted to US$101.4 billion as at Dec 14 this year. “The reserves position…

SINGAPORE (Dec 21): SoftBank Group Corp is nearing a deal to invest US$1.5 billion in Grab, three times a previously expected US$500 million, as Southeast…

KUALA LUMPUR (Dec 21): Malaysia’s corporate earnings is a concern as it continues to disappoint, said Permodalan Nasional Bhd President and Group Chief Executive Officer…

KUALA LUMPUR (Dec 21): The FBM KLCI closed up 19.72 points or 1.19% today after fund managers’ year-end window dressing continued. At 5pm, the KLCI…

(Dec 21): Whether or not you believe that Goldman Sachs Group Inc deserved those high fees for its work with a scandal-ridden Malaysian investment fund,…

MUAR (Dec 21): The full forensic investigation report over the death of firefighter Muhammad Adib Mohd Kassim will be released by the police in a…

PUTRAJAYA (Dec 21): The National Anti-Corruption Plan 2019-2023 (NACP), which details the government’s overall efforts to overcome issues of governance, integrity and corruption, will be…

PUTRAJAYA (Dec 21): The Malaysian Anti-Corruption Commission (MACC) is looking into the possibility of appointing the chief commissioner itself or through a parliamentary select committee…

PUTRAJAYA (Dec 21): The Government has agreed to set up the National Financial Crime Centre (NFCC) in an effort to tackle money laundering activities. The National…

KUALA LUMPUR (Dec 21): UMNO will reorganise and restructure the party’s operations in an effort to strengthen the party back after facing various pressures, including…