KLCI falls 1.26% amid fears of more stringent lockdown
KUALA LUMPUR (Jan 25): The FBM KLCI fell today as market sentiment was dampened by fears that the rising number of Covid-19 cases could lead…
KUALA LUMPUR (Jan 25): The FBM KLCI fell today as market sentiment was dampened by fears that the rising number of Covid-19 cases could lead…
KUALA LUMPUR (Jan 25): On the day marking a year since the first case of coronavirus was diagnosed in Malaysia, the Health Ministry reported 3,048…
KUALA LUMPUR (Jan 25): The strong earnings growth at the world’s largest nitrile glove manufacturer is gathering steam. Hartalega Holdings Bhd said “the overall projected…
KUALA LUMPUR (Jan 23): Former prime minister Tun Dr Mahathir Mohamad is still at his house today and not hospitalised, thereby denying rumours that he…
KUALA LUMPUR (Jan 24): The government will launch a full-scale lockdown after Feb 4 if the number of Covid-19 cases is not brought under control, according…
(Jan 23): Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone XL oil pipeline. Later that day his…
KUALA LUMPUR (Jan 24): Malaysia recorded 3,346 new Covid-19 cases today, bringing the total number of cases in the country to 183,801 cases. This is a…
FX trade was choppy on Friday, leaving the DXY gyrating in a relatively narrow range between 90.06 and 90.30. Early risk-off conditions resulted in some safe-haven USD buying, though as Stocks moved off their worst levels, the Greenback faded again. Incoming U.S. data was strong, with bot Markit PMIs and existing home sales beating estimates, […]
The dollar has traded mostly firmer up on a safe haven bid with the reflation trade having come to a firm stop. The DXY dollar index lifted moderately to a 90.26 high after basing out at a nine-day low at 90.05. The greenback still lost ground to the euro, which outperformed as market participants continued […]
NEW YORK (Jan 22): The Dow and S&P 500 ended modestly lower yesterday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their…
KUALA LUMPUR (Jan 23): Trading on Bursa Malaysia is expected to be cautious ahead of the US Federal Reserve (Fed) meeting next week. Bank Islam Malaysia Bhd…
LONDON (Jan 22): British Prime Minister Boris Johnson said on Friday the new English variant of COVID-19 may be associated with a higher level of mortality…