KUALA LUMPUR (Dec 9): India-based conglomerate Tata Group will stop dues payment by AirAsia (India) Ltd to AirAsia Group Bhd if AirAsia Group does not…
NEW YORK (Dec 9): Oil prices were little changed on Tuesday as the most populous U.S. state tightened its pandemic lockdown through Christmas and COVID-19…
KUALA LUMPUR (Dec 9): Serba Dinamik Holdings Bhd declined by as much as 9.42% this morning following the announcement of its private placement yesterday. The counter…
KUALA LUMPUR (Dec 9): The FBM KLCI settled up 15.63 points or 0.96% at 1,647.33 during Bursa Malaysia’s midday break today, partly helped by top…
The dollar and yen found their feet while the pound dropped sharply on no-deal Brexit anxiety, and the dollar bloc currencies put in a rotation lower amid a backdrop of risk-cautious sentiment in global markets. Global stock markets mostly traded lower, as did oil and other commodities. Regarding sterling, the currency shed over 1% against […]
Currency markets have been directionally uneventful, which is typical in early-week trading, especially in a December. The DXY dollar index has settled above the 32-month low see on Friday at 90.48. The nine-month dollar downtrend resumed over the last month after about a two month hiatus. We anticipate there is more to come in this […]
The Dollar showed signs of a rally in overnight trade, though USD sellers quickly emerged at the N.Y. open, taking the DXY from 91.24 highs to 90.71 lows. Brexit uncertainty saw risk-taking levels sink, leaving Wall Street mostly lower, and Treasury yields under pressure. In addition, Covid worries remained, as cases and deaths in the […]
NEW YORK (Dec 8): The Nasdaq closed at a record high on Monday after investors moved into mega-cap growth stocks even as a new round…
NEW YORK/SAN FRANCISCO (Dec 8): Uber Technologies Inc is selling its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora, the…
NEW YORK (Dec 8): Oil prices fell around 1% on Monday as surging coronavirus cases and heightened tensions between the United States and China undermined…
KUALA LUMPUR (Dec 8): Supermax Corp Bhd’s share price rose more than 4% to surpass RM8 in morning trade on Bursa Malaysia today after falling in recent days…
(Dec 8): Asian stocks came under pressure in early trade on Tuesday as investors struggled to balance hopes for more economic stimulus and vaccines with…