Another day, another 32-month DXY low, as the Dollar continues to be hammered broadly. Negative real U.S. interest rates, along with prospects for another round of U.S. fiscal stimulus, along with hopes that the global economy will rebound quickly once Covid vaccines are widely available, have all conspired against the USD. Today’ incoming U.S. data […]
The DXY dollar index posted a fresh 32-month low at 90.84. The index is amid its third consecutive down week, and the dollar has declined in four of the last five weeks. Global asset markets have come off the boil, and many market narratives are talking about the good news on Covid vaccines and the […]
(Dec 4): President Donald Trump is keeping largely silent about a surge in U.S. coronavirus infections, hospitalizations and deaths over the past week, instead focusing…
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KUALA LUMPUR (Dec 4): Tropicana Corp Bhd, of which tycoon Tan Sri Lim Wee Chai is the chairman and a substantial shareholder, bought RM78.47 million…
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KUALA LUMPUR (Dec 4): Submissions at the end of defence for former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad’s graft trial…
KUALA LUMPUR (Dec 4): The main index of Bursa Malaysia fell 0.53% in the mid-morning as market breadth turned tepid on profit taking, while regional markets…
KUALA LUMPUR (Dec 4): The ringgit opened higher against the US dollar for the third consecutive day, riding on firmer crude oil prices fuelled by the…
KUALA LUMPUR (Dec 4): Oil and gas (O&G) counters dominated the list of top gainers today as oil prices advanced after the Organization of the Petroleum Exporting Countries+…
KUALA LUMPUR (Dec 4): Perak Menteri Besar Datuk Seri Ahmad Faizal Azumu has lost the support of the majority of the State Legislative Assembly after a motion…
KUALA LUMPUR (Dec 4): Gamuda Bhd subsidiary Gamuda Water Sdn Bhd’s vehicle Glacier Assets Bhd (issuer) has proposed to issue RM630 million worth of senior…