Foreign investment pours into China despite trade war, pandemic
(Dec 18): For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into…
(Dec 18): For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into…
The DXY dollar index has remained heavy, testing the 32-month low at 90.43. EUR-USD has concurrently been holding firm, though has remained off its 32-month highs at 1.2177-78. USD-JPY, now amid its fourth down day out of the last five, has ebbed to a five-week low at 103.42. As we have noted before, real interest […]
FX trade was quiet ahead of the FOMC in N.Y. on Wednesday, with the USD moving slightly higher through the morning session. The Dollar headed to session highs following the FOMC announcement, which saw no change in interest rates, as widely expected, though made no changes to its asset purchase program. The Fed did not […]
The dollar has seen a renewed decline, which has come amid a backdrop of risk-on positioning in global markets with investors not waiting to participate in the ‘2021 reflation trade’. The DXY dollar index dropped to a new 32-month low at 90.13. EUR-USD concurrently rallied above 1.2200 for the first time since April 2018. USD-JPY, […]
NEW YORK (Dec 16): Asian stocks were set for gains on Thursday as progress toward a long-awaited U.S. stimulus package and a pledge by the…
KUALA LUMPUR (Dec 16): Based on corporate announcements and news flow today, companies in focus tomorrow (Dec 17) may include: Komarkcorp Bhd, Kossan Rubber Industries…
WASHINGTON (Dec 17): The US Federal Reserve (Fed) on Wednesday kept its benchmark interest rate unchanged at the record-low level of near-zero after concluding the…
KUALA LUMPUR (Dec 17): Hong Leong Investment Bank (HLIB) Research expects property developers to continue facing a tough operating environment in 2021, with developers cautiously…
OAKLAND/PALO ALTO, California (Dec 16): Facebook Inc and Alphabet’s Google , the two biggest players in online advertising, used a series of deals to consolidate their market…
KUALA LUMPUR (Dec 17): Mah Sing Group Bhd rose by as much as 4.84% or 4.5 sen to an intra-morning high of 97.5 sen in brisk…
KUALA LUMPUR (Dec 17): The selection of the Covid-19 vaccine produced by international pharmaceutical company Pfizer is based on an interim report of clinical trials of…
KUALA LUMPUR (Dec 17): The fourth quarter of the year (4Q20) is a lot more challenging in terms of mounting an economic recovery than initially…