Econsave denies selling imported meat with fake halal logo
KLUANG (Jan 2): Econsave Cash & Carry Sdn Bhd has denied allegations that the supermarket is selling imported meat involved in the fake halal logo…
KLUANG (Jan 2): Econsave Cash & Carry Sdn Bhd has denied allegations that the supermarket is selling imported meat involved in the fake halal logo…
SHANGHAI (Jan 2): China’s relationship with the United States has reached a “new crossroads” and could get back on the right track following a period…
TOKYO (Jan 2): The Tokyo Metropolitan Government will ask the central government later on Saturday to declare a state of emergency following a resurgence of…
KUALA LUMPUR (Jan 2): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious mode next week,…
The DXY dollar index has posted another major-trend low, at 89.52, a level last traded in April 2018. The dollar has continued to correlate inversely with global stock market direction, with weakness today being concomitant with the MSCI Asia Pacific rising to a new record high in holiday-thinned conditions. The DJIA yesterday closed at a […]
N.Y. FX trade was very quiet on the last day of the year, though the Dollar managed modest gains through the morning session. The DXY has made new trend lows of 89.52 in overnight Asian trade, though managed to rebound to 89.94 highs into the London close. The weekly jobless claims data likely helped USD […]
The DXY dollar index posted a new 32-month low at 89.68, while EUR-USD concurrently printed a 32-month high at 1.2295. USD-JPY saw a nine-day low, at 103.12. The pair’s near-10-month low, seen on December 17th, is at 102.88. The Australian and New Zealand dollars posted respective 30- and 32-month highs against their U.S. peer. AUD-JPY […]
The Dollar was lower in N.Y. on Wednesday, seeing the DXY hit new 33-month lows of 89.56 early in the session, down from 90.02 after the close on Tuesday. The greenback later recovered modestly in light afternoon trade. Prospects for further fiscal stimulus weighed on the USD, while softer incoming data didn’t help either. The […]
LONDON/BRUSSELS (Dec 30): British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a…
KUALA LUMPUR (Dec 31): Malakoff Corp Bhd’s wholly-owned subsidiary Tanjung Bin Energy Sdn Bhd (TBE) has proposed to issue RM4.5 billion worth of Islamic bonds…
SINGAPORE (Dec 31): Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the…
(Dec 31): In the race to immunize people against the coronavirus, Singapore has pulled ahead of its neighbours to become the first in Southeast Asia…