The Dollar overall headed lower on Friday, with the bulk of losses coming in the London morning session. Heavy risk-off conditions returned, with the usual suspects driving equities lower. The uncertainties over vaccines, the Covid outlook, new variants of the virus, along with equity market disruptions caused by the arrival of “casino” stocks, all weighed […]
KUALA LUMPUR (Jan 29): The Securities Commission Malaysia (SC) and Bursa Malaysia said they are closely monitoring the local stock market in light of the…
KUALA LUMPUR (Jan 29): The glove bears today still shorted 2.52 million Top Glove Corp Bhd shares worth RM16.69 million despite the GameStop-inspired call for…
(Jan 29): New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions of…
KUALA LUMPUR (Jan 29): Based on corporate announcements and news flow today, stocks that may be in focus next Tuesday (Feb 2) include: Supermax Corp…
KUALA LUMPUR (Jan 30): Last Thursday evening, certain retail investors created a new forum dubbed “BursaBets”, on social aggregator Reddit, for like-minded individuals to discuss…
KUALA LUMPUR (Jan 30): The glove bears which shorted Top Glove Corp Bhd shares do not seem to have backed off that easily, despite the…
NEW YORK (Jan 30): US stock indexes dropped, closing out the Friday session with the biggest weekly fall since October, as investors gauged the ramifications…
SINGAPORE (Jan 30): Singapore will be suspending the Reciprocal Green Lane arrangements with three countries including Malaysia for a period of three months from Feb…
KUALA LUMPUR (Jan 30): Medical and health insurance policies issued by general insurance companies do not provide coverage for pandemics such as Covid-19, the General…
KUALA LUMPUR (Jan 30): Malaysia reported a fresh record of 5,728 new Covid-19 cases and 13 more fatalities as at noon today. The daily recovery tally…
The abrupt flip to risk-on on Thursday from risk-off on Wednesday saw the USD reverse some of the gains posted yesterday. The DXY eased back to 90.42 from overnight highs of 90.86 through the morning session. Incoming U.S. data was supportive of risk taking levels, with Q4 GDP rising close to expectations, and jobless claims […]