The dollar has softened against most currencies, with most stock markets, and oil prices, rising in Asia, although overall risk appetite in global markets is relatively more subdued compared to recent times. Base metal prices are below trend highs, and European and U.S. equity index futures are flat or modestly lower. The risk of a […]
The dollar rallied out of intraday lows as European stock markets and U.S. equity futures turned quite sharply lower. Asian markets fared better, while base metals and oil prices slipped. The risk of a no-deal outcome between the EU and UK in the Brexit endgame has risen markedly, while in the U.S. Democrat House Speaker […]
The Dollar bounced modestly in overnight trade, and for the most part, held those gains through the N.Y. session on Friday. Ranges remained relatively narrow, however, into the weekend. The DXY moved from 90.62 in London morning trade, later topping at 92.04 into the open. Incoming data saw core November PPI a bit on the […]
EVENING 5: Plantation workers ‘discouraged’ from going home Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Rights…
KUALA LUMPUR (Dec 11): Ekovest Bhd’s mandatory general offer (MGO) to buy out shares in durian planter, PLS Plantation Bhd, at 95 sen apiece must…
KUALA LUMPUR (Dec 11): Based on corporate announcements and news flow today, stocks in focus for Monday (Dec 14) may include: IHH Healthcare Bhd, Bursa Malaysia Bhd, Guocoland (Malaysia) Bhd, JHM…
NEW YORK (Dec 11): Investors are looking ahead to dual US Senate runoffs in Georgia early next month, a potential threat to a year-end rally…
KUALA LUMPUR (Dec 11): JP Morgan has reinstated coverage of Top Glove Corp Bhd, but with an underweight recommendation and a fair value of RM3.50…
KUALA LUMPUR (Dec 12): Amid talk of the Federal Land Development Authority (FELDA) wanting to terminate the land lease agreement it has with its 33.6%-owned subsidiary FGV…
KUALA LUMPUR (Dec 12): Malaysia Aviation Group Bhd (MAG) subsidiary Firefly Airlines will start narrow-body jet operations next month (January 2021) from its northern hub…
KUALA LUMPUR (Dec 12): The ringgit is likely to continue its uptrend next week, carving out a meaningful break below 4.05 before reclaiming that psychologically-important…
KUALA LUMPUR (Dec 12): The world’s largest rubber glove maker Top Glove Corp Bhd’s latest record-breaking net profit surged past RM2 billion, backed by strong…