KLCI down 0.78% as banking stocks drag, US equity futures slip
KUALA LUMPUR (Jan 6): The main index at Bursa Malaysia was down 0.78% at the midday break on Wednesday as banking stocks dragged against the…
KUALA LUMPUR (Jan 6): The main index at Bursa Malaysia was down 0.78% at the midday break on Wednesday as banking stocks dragged against the…
KUALA LUMPUR (Jan 6): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman seemed to be non-committal about putting the blame on Goldman Sachs…
KUALA LUMPUR (Jan 6): theedgemarkets.com highlighted nineteen stocks at Bursa Malaysia’s afternoon close today. All stocks indicated negative momentum. The stocks with negative momentum were: Amtel Holdings…
KUALA LUMPUR (Jan 6): Top Glove Corp Bhd said all of its 28 factories in Klang have resumed operations with stricter adherence to health and…
ATLANTA (Jan 6): Democratic challenger Raphael Warnock won a hotly contested US Senate race in Georgia over Republican incumbent Kelly Loeffler, TV networks and Edison…
KUANTAN (Jan 6): Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah today called on the relevant authorities to be more proactive in delivering aid…
KUALA LUMPUR (Jan 6): AwanBiru Technology Bhd (Awantec), formerly known as Prestariang Bhd, saw its share price plunged as much as 29% this morning. At 3.50pm,…
KUALA LUMPUR (Jan 6): Malaysia’s economy is expected to rebound faster once the country has successfully controlled and alleviated the spread of the Covid-19 pandemic,…
The dollar has started the new year with a declining bias, which is of course where it left off last year. This comes against the backdrop of a coursing “everything rally”, with the MSCI Asia-Pacific equity indexand S&P 500 futures hitting record highs. Base metals and oil prices also rallied, and the main crypto currencies […]
The dollar has started the new year where it left off last year, and that is with a softening bias. This comes against the backdrop of a coursing “everything rally”, with the MSCI Asia-Pacific equity indexand S&P 500 futures hitting record highs. Base metals and oil prices also rallied. The dollar itself is correlating inversely […]
The Dollar headed modestly higher in N.Y. on Monday, seeing the DXY recover from fresh 33-month lows of 89.42 to a high of 89.92. A sharp bout of risk-off supported the USD, as Wall Street started the year with sharp losses, driven by profit taking from record highs, spiking Covid cases, and angst ahead of […]
The dollar has been trading steadily so far today after yesterday rebounding quite sharply from 33-month lows. This has come amid a backdrop of sputtering stock markets, with narratives ascribing today’s two runoff elections in Georgia, which has existential implications for the incoming Biden administration (as the result will decide whether Democrats or Republicans will […]