News
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Weekly Technical Forecast: Will Liquidity Define the Equities, EURUSD and Oil Reversals?
A range of ambitious technical moves were checked this past week. Equities’ return to bear trend steadied, the EURUSD pulled up from a break to 16-month lows and crude oil finally broke the fever of a record breaking 12 consecutive day slide. Are these purposeful reversals or merely a pause in anticipation of next week’s […]
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XE Market Analysis: Europe – Nov 19, 2018
The Dollar has held up despite the two top members of the Fed acknowledging last week building risks to global growth. The U.S. currency has largely held within respective Friday ranges versus other currencies. USD-JPY was an exception, as the pair edged out an 18-day low of 112.60 before steadying. In contrast EUR-JPY and most […]
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Wee Ka Siong: Proposed UMNO-PAS merger against BN spirit
KUALA LUMPUR (Nov 19): MCA president Datuk Seri Dr Wee Ka Siong said today that the proposed UMNO-PAS merger goes against Barisan Nasional’s (BN) spirit of…
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Najib questioned by MACC in relation to submarine deal — report
KUALA LUMPUR (Nov 19): Former prime minister Datuk Seri Najib Razak was questioned this morning by the Malaysian Anti-Corruption Agency (MACC) in relation to the…
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Vietnam, Russia aim to nearly triple trade to $10 billion by 2020
HANOI (Nov 19): Vietnam and Russia on Monday agreed to nearly triple bilateral trade to $10 billion by 2020 from $3.55 billion last year, while expanding…
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Three charts that explain boom in Southeast Asia's net economy
SINGAPORE (Nov 19): Southeast Asia’s internet economy is on pace to expand 37% this year to US$72 billion and is projected to exceed US$240 billion…
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Oil climbs 1 percent on prospect of OPEC, Russia supply cut
SINGAPORE (Nov 19): Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club OPEC as…
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BofAML lowers Malaysia’s GDP growth forecast to 4.7% in 2018
HONG KONG (Nov 19): Bank of America Merrill Lynch lowers its forecast for Malaysia’s growth this year to 4.7%, from 5.1%, economist Mohamed Faiz Nagutha…
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Singapore third-quarter GDP growth seen losing momentum, trade war dims outlook
SINGAPORE (Nov 19): Singapore is expected to report slower third-quarter economic growth than initially thought, a Reuters poll showed, as the manufacturing sector faces strains from…
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Nissan's Ghosn to be arrested by Japan authorities for alleged financial violations: Asahi
TOKYO (Nov 19): Nissan Motor Co Ltd Chairman Carlos Ghosn is to be arrested by Tokyo prosecutors for alleged financial violations in Japan, the Asahi newspaper reported…
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Dollar bulls wary after biggest weekly drop in two months
LONDON (Nov 19): The dollar steadied on Monday after posting its biggest weekly drop in two months last week as investors grew cautious about the near…
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FBM KLCI up as banking, plantation stocks gain
KUALA LUMPUR (Nov 19): The FBM KLCI gained 4.33 points or 0.25% with major Asian equity markets and as Malaysian banking and plantation shares rose….
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