PUTRAJAYA (Jan 27): Malaysia’s first Covid-19 vaccine clinical trial began today in nine hospitals, involving some 3,000 volunteers, Health Minister Datuk Seri Dr Adham Baba said. The Phase 3 clinical…
KUALA LUMPUR (Jan 27): Malaysia logged 3,680 Covid-19 cases within the 24 hours as of noon today, with seven more deaths. These bought the country’s total…
The Dollar was steady in early N.Y. trade, with the DXY idling between 90-25 and 90.35 through mid-morning. Wall Street started the session mostly higher, though reversed course quite sharply lower after the open. This resulted in safe-haven USD demand, which later took the DXY to 90.52 highs. Profit taking from record levels was the […]
Dollar firmness has been ensuring amid risk-wary conditions across asset markets, despite U.S. Treasury yields having dropped sharply over the last day, eroding the dollar’s yield differential advantage against peers. This indicates that the market is utilizing the dollar as a safe haven vehicle once again, with the DXY dollar index vaulting to a six-day […]
The dollar rose and then ebbed, tracking first a drop in most Asian stock markets and then steadying as investor risk appetite improved during the European morning session, where stock markets saw a rebound following quite sharp declines in recent sessions, despite ongoing anxieties about the Covid impact. The DXY dollar index dipped back to […]
KUALA LUMPUR (Jan 26): The implementation of the second Movement Control Order (MCO 2.0) and resurgence of Covid-19 cases have clouded the outlook of retail…
(Jan 26): President Xi Jinping called on the world to abandon “ideological prejudice” and shun an “outdated Cold-War mentality” as he signaled that China will continue…
KUALA LUMPUR (Jan 26): The Securities Commission Malaysia (SC) has cautioned unlisted public companies (UPC) that offering shares to retail investors without a prospectus is…
KUALA LUMPUR (Jan 25): Widad Group Bhd’s shares have been actively traded via off-market transactions over the past three months. A whopping 1.06 billion shares in…
KUALA LUMPUR (Jan 26): Datuk Seri Najib Razak’s bid to disqualify Datuk Seri Gopal Sri Ram as prosecutor in the 1Malaysia Development Bhd (1MDB) audit…
KUALA LUMPUR (Jan 26): Poh Huat Resources Holdings Bhd’s main operating subsidiary in Malaysia has discovered 543 positive Covid-19 cases among its employees. According to a…
KUALA LUMPUR (Jan 26): The FBM KLCI erased earlier gains and ended the day on a flat note, as investors remained cautious amid the rising…