Oil prices hit nine-month high after US crude stock draw
SINGAPORE (Dec 17): Oil hit a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards a…
SINGAPORE (Dec 17): Oil hit a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards a…
KUALA LUMPUR (Dec 17): Bursa Malaysia ended the morning session in the red on profit taking after a strong showing over the past two days, dealers said. The FBM KLCI fell 8.87 points to 1,672.54 from yesterday’s close at 1,681.41. Today,…
Narrow ranges have been prevailing among the main dollar pairings and associated cross rates. This has been seen against a backdrop of sputtering global stock markets. Data showing Chinese industrial production rising 7.0% y/y in November, a 20-month high, along with a rise retail sales, didn’t have much impact. Commodities have also been lacking direction […]
Narrow ranges have been prevailing among the main dollar pairings and associated cross rates. This has been seen against a backdrop of sputtering global stock markets. Data showing Chinese industrial production rising 7.0% y/y in November, a 20-month high, along with a rise retail sales, didn’t have much impact. Commodities have also been lacking direction […]
The Dollar edged lower in N.Y. trade on Tuesday, seeing the DXY match the 32-month low of 90.42 printed on Monday. FX trade was quiet overall, and activity will likely continue to shrink into the end of the year. Risk-on conditions weighed on the safe-haven USD, as equities rallied on renewed hopes for a fiscal […]
NEW YORK (Dec 16): Oil prices rose on Tuesday as investors focused on the rollout of COVID-19 vaccines, looking past tightening lockdowns in Europe and…
BENGALURU (Dec 16): Alphabet Inc’s Google said on Tuesday services for some Gmail users facing errors on the emailing platform were restored, in a second…
KUALA LUMPUR (Dec 16): The ringgit opened marginally higher against the US dollar today following positive economic recovery sentiment across the globe, especially in Asia’s emerging markets (EMs). At 9am, the ringgit…
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SAN FRANCISCO (Dec 16): Boeing announced yesterday that it worked with the University of Arizona of the US to put an age-old technique, thermal disinfection, in the…
SYDNEY (Dec 16): An Australian regulator sued Facebook Inc on Wednesday accusing it of collecting user data without permission, building on government efforts around the world to…
KUALA LUMPUR (Dec 16): Carlsberg Brewery Malaysia Bhd and Heineken Malaysia Bhd emerged among the top gainers on Bursa Malaysia as investors bet on their recovery. Carlsberg,…